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OneWater Marine (OneWater Marine) Days Inventory

: 220.35 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). OneWater Marine's Average Total Inventories for the three months ended in Dec. 2023 was $658 Mil. OneWater Marine's Cost of Goods Sold for the three months ended in Dec. 2023 was $273 Mil. Hence, OneWater Marine's Days Inventory for the three months ended in Dec. 2023 was 220.35.

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

ONEW' s Days Inventory Range Over the Past 10 Years
Min: 61.62   Med: 117.59   Max: 155.04
Current: 155.04

During the past 7 years, OneWater Marine's highest Days Inventory was 155.04. The lowest was 61.62. And the median was 117.59.

ONEW's Days Inventory is ranked worse than
65.35% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 110.2 vs ONEW: 155.04

OneWater Marine's Days Inventory increased from Dec. 2022 (159.98) to Dec. 2023 (220.35). It might indicate that OneWater Marine's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. OneWater Marine's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. OneWater Marine's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.81.


OneWater Marine Days Inventory Historical Data

The historical data trend for OneWater Marine'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.

OneWater Marine Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Premium Member Only Premium Member Only 141.50 99.07 61.62 79.19 127.98

OneWater Marine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.98 135.36 122.35 162.52 220.35

Competitive Comparison

For the Specialty Retail subindustry, OneWater Marine'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.


OneWater Marine Days Inventory Distribution

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

* The bar in red indicates where OneWater Marine's Days Inventory falls into.



OneWater Marine Days Inventory Calculation

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

OneWater Marine'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
=( (372.959 + 609.616) / 2 ) / 1401.184*365
=491.2875 / 1401.184*365
=127.98

OneWater Marine'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
=( (609.616 + 706.805) / 2 ) / 272.57*365 / 4
=658.2105 / 272.57*365 / 4
=220.35

* 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.


OneWater Marine  (NAS:ONEW) 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.

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

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.

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

* 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.


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.


OneWater Marine Days Inventory Related Terms

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


OneWater Marine (OneWater Marine) Business Description

Traded in Other Exchanges
N/A
Address
6275 Lanier Islands Parkway, Buford, GA, USA, 30518
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Executives
Singleton Philip Austin Jr. director, officer: CEO and Director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
John Schraudenbach director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jeffrey B. Lamkin director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Anthony M Aisquith officer: President and COO C/O ONE WATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
J Steven Roy director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Mitchell W Legler director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
John Troiano director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jack P Ezzell officer: Chief Financial Officer C/O ONEWATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Keith Style director C/O ASBURY AUTOMOTIVE GROUP, INC., 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097
Michelle Singleton other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Owmh, Lllp Auburn other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Austin Singleton Irrevocable Trust, Dated December 30, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Philip Singleton Irrevocable Trust, Dated December 24, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518