Drive Shack (Drive Shack) Days Inventory : 54.95 (As of Sep. 2023)

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What is Drive Shack Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Drive Shack's Average Total Inventories for the three months ended in Sep. 2023 was $3.4 Mil. Drive Shack's Cost of Goods Sold for the three months ended in Sep. 2023 was $5.7 Mil. Hence, Drive Shack's Days Inventory for the three months ended in Sep. 2023 was 54.95.

The historical rank and industry rank for Drive Shack's Days Inventory or its related term are showing as below:

DSHK' s Days Inventory Range Over the Past 10 Years
Min: 47.63 Med: 80.27 Max: 97.34
Current: 54.22

During the past 13 years, Drive Shack's highest Days Inventory was 97.34. The lowest was 47.63. And the median was 80.27.

DSHK's Days Inventory is ranked worse than
57.57% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs DSHK: 54.22

Drive Shack's Days Inventory increased from Sep. 2022 (52.28) to Sep. 2023 (54.95). It might indicate that Drive Shack's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Drive Shack's Inventory Turnover for the three months ended in Sep. 2023 was 1.66.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Drive Shack's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.03.

Drive Shack Days Inventory Historical Data

The historical data trend for Drive Shack's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Drive Shack Days Inventory Chart

Drive Shack Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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68.62

67.37

97.34

59.52

47.63

Drive Shack Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															52.28	50.05	59.64	53.02	54.95

Competitive Comparison of Drive Shack's Days Inventory

For the Leisure subindustry, Drive Shack's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Drive Shack's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Drive Shack's Days Inventory distribution charts can be found below:

* The bar in red indicates where Drive Shack's Days Inventory falls into.

Drive Shack Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Drive Shack's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.229	+	2.828)	/	2 )	/	19.375	*	365
=	2.5285					/	19.375	*	365
=	47.63

Drive Shack's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.418	+	3.463)	/	2 )	/	5.713	*	365 / 4
=	3.4405					/	5.713	*	365 / 4
=	54.95

Drive Shack (OTCPK:DSHK) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Drive Shack's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.713	/	3.4405
	=	1.66

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Drive Shack's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.4405	/	100.336
	=	0.03

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Drive Shack Days Inventory Related Terms

Thank you for viewing the detailed overview of Drive Shack's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Drive Shack (Drive Shack) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DSHKN.PFD:USA DSHKO.PFD:USA DSHKP.PFD:USA

Address

10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231

Website

https://www.driveshack.com

Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.

Executives

Wesley R Edens	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri	officer: President	218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr.	officer: CFO, CAO & Treasurer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols	officer: Chief Financial Officer	C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp	director	767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert	director	5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane	director	218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press	director	152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley	officer: Chief Financial Officer	111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May	director, officer: CEO & President	13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford	director	845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin	officer: Chief Operating Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson	officer: CEO & President	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105