Live Ventures (Live Ventures) Days Inventory

: 148.09 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Live Ventures's Average Total Inventories for the three months ended in Dec. 2023 was $131.9 Mil. Live Ventures's Cost of Goods Sold for the three months ended in Dec. 2023 was $81.3 Mil. Hence, Live Ventures's Days Inventory for the three months ended in Dec. 2023 was 148.09.

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

LIVE' s Days Inventory Range Over the Past 10 Years
Min: 75.47 Med: 143.81 Max: 298.72
Current: 157.39

During the past 13 years, Live Ventures's highest Days Inventory was 298.72. The lowest was 75.47. And the median was 143.81.

LIVE's Days Inventory is ranked worse than
65.64% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.295 vs LIVE: 157.39

Live Ventures's Days Inventory declined from Dec. 2022 (189.26) to Dec. 2023 (148.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Live Ventures's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. Live Ventures's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.12.

Live Ventures Days Inventory Historical Data

The historical data trend for Live Ventures'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.

* Premium members only.

Live Ventures Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

Get a 7-Day Free Trial

127.65

162.69

142.27

162.54

174.40

Live Ventures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															189.26	162.93	176.15	151.91	148.09

Competitive Comparison

For the Home Improvement Retail subindustry, Live Ventures'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.

Live Ventures Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Live Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Live Ventures's Days Inventory falls into.

Live Ventures Days Inventory Calculation

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

Live Ventures's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (97.659	+	131.314)	/	2 )	/	239.605	*	365
=	114.4865					/	239.605	*	365
=	174.40

Live Ventures's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (131.314	+	132.455)	/	2 )	/	81.266	*	365 / 4
=	131.8845					/	81.266	*	365 / 4
=	148.09

Live Ventures (NAS:LIVE) 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.

Live Ventures's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	81.266	/	131.8845
	=	0.62

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.

Live Ventures's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	131.8845	/	117.593
	=	1.12

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.

Live Ventures Days Inventory Related Terms

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

Live Ventures (Live Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Live Ventures Inc (NAS:LIVE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

UYXP:Germany

Address

325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119

Website

https://www.liveventures.com

Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.

Executives

John Isaac	director, 10 percent owner	501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101
Dennis Gao	director	325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119
David Lee Verret	officer: Chief Accounting Officer	5900 COPPER CANYON DR., THE COLONY TX 75056
Michael Jason Stein	officer: Sr. VP, General Counsel	325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119
Rodney Dale Spriggs	officer: CEO, Vintage Stock, Inc.	3703 RED FOX RUN, JOPLIN MO 64804
Eric Adam Althofer	officer: COO	7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270
Thomas Robert Sedlak	officer: CEO Precision Industries, Inc.	87 PORTER HILL ROAD, WASHINGTON PA 15301
Godfrey Weston A Jr	officer: CEO, Marquis Industries, Inc.	PO BOX 1308, CHATSWORTH GA 30705
Virland A Johnson	officer: Chief Financial Officer	20488 N 86 LANE, PEORIA AZ 85382
Richard Butler	director	4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205
Tyler Sickmeyer	director	1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108
Isaac Capital Group, Llc	10 percent owner	501 W. BROADWAY, #A212, SAN DIEGO CA 92101
Clarke Thomas J Jr	director	11534 VILLA VASARI, PALM BEACH GARDENS FL 33418
Antonios Isaac	director	3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130
John Kocmur	director, 10 percent owner	2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120