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Marine Products Days Inventory

: 98.03 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Marine Products's Average Total Inventories for the three months ended in Jun. 2022 was $78.2 Mil. Marine Products's Cost of Goods Sold for the three months ended in Jun. 2022 was $72.8 Mil. Hence, Marine Products's Days Inventory for the three months ended in Jun. 2022 was 98.03.

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

MPX' s Days Inventory Range Over the Past 10 Years
Min: 66.6   Med: 73.49   Max: 106.93
Current: 106.93

During the past 13 years, Marine Products's highest Days Inventory was 106.93. The lowest was 66.60. And the median was 73.49.

MPX's Days Inventory is ranked worse than
70.82% of 1189 companies
in the Vehicles & Parts industry
Industry Median: 76.69 vs MPX: 106.93

Marine Products's Days Inventory increased from Jun. 2021 (89.29) to Jun. 2022 (98.03). It might indicate that Marine Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marine Products's Inventory Turnover for the three months ended in Jun. 2022 was 0.93.

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. Marine Products's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.82.


Marine Products Days Inventory Historical Data

The historical data trend for Marine Products'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.

Marine Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.53 66.60 71.09 82.19 91.81

Marine Products Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 89.29 102.13 119.28 118.68 98.03

Competitive Comparison

For the Recreational Vehicles subindustry, Marine Products'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.

   

Marine Products Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Days Inventory distribution charts can be found below:

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



Marine Products Days Inventory Calculation

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

Marine Products's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (42.31 + 73.261) / 2 ) / 229.742*365
=57.7855 / 229.742*365
=91.81

Marine Products's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (78.179 + 78.271) / 2 ) / 72.816*365 / 4
=78.225 / 72.816*365 / 4
=98.03

* 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.


Marine Products  (NYSE:MPX) 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.

Marine Products's Inventory Turnover for the three months ended in Jun. 2022 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.

Marine Products's Inventory to Revenue for the three months ended in Jun. 2022 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.


Marine Products Days Inventory Related Terms

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


Marine Products Business Description

Marine Products logo
Traded in Other Exchanges
N/A
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
Executives
Schmit Michael officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE BALL GROUND GA 30107
Wilson John F director 2170 PIEDMONT ROAD, NE ATLANTA GA 30324
Gunning Patrick J. director 1958 CALDER COURT DUNWOODY GA 30338
Bell Susan R. director 852 CASTLE FALLS DR. ATLANTA GA 30329
Cynkus Harry J director 2170 PIEDMONT RD ATLANTA GA 30324
Nix Jerry W director 2999 WILDWOOD PARKWAY ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
R. Randall Rollins Voting Trust U/a Dated August 25, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
R. Randall Rollins 2012 Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY, NE ATLANTA GA 30329
Wneg Investments, L.p. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Gary W. Rollins Revocable Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rctlor, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rft Investment Company, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC 1908 CLIFF VALLEY WAY NE ATLANTA GA 30329

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