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Emerge Commerce (Emerge Commerce) Days Inventory : 32.23 (As of Dec. 2023)


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What is Emerge Commerce Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emerge Commerce's Average Total Inventories for the three months ended in Dec. 2023 was $0.81 Mil. Emerge Commerce's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.30 Mil. Hence, Emerge Commerce's Days Inventory for the three months ended in Dec. 2023 was 32.23.

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

EMCMF' s Days Inventory Range Over the Past 10 Years
Min: 51.99   Med: 101.19   Max: 114.49
Current: 56.71

During the past 5 years, Emerge Commerce's highest Days Inventory was 114.49. The lowest was 51.99. And the median was 101.19.

EMCMF's Days Inventory is ranked better than
75.94% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs EMCMF: 56.71

Emerge Commerce's Days Inventory declined from Dec. 2022 (125.36) to Dec. 2023 (32.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Emerge Commerce's Inventory Turnover for the three months ended in Dec. 2023 was 2.83.

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. Emerge Commerce's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


Emerge Commerce Days Inventory Historical Data

The historical data trend for Emerge Commerce'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.

Emerge Commerce Days Inventory Chart

Emerge Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
114.63 102.41 51.98 104.14 96.85

Emerge Commerce Quarterly Data
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 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 125.36 83.61 31.29 34.64 32.23

Competitive Comparison of Emerge Commerce's Days Inventory

For the Internet Retail subindustry, Emerge Commerce'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.


Emerge Commerce's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Emerge Commerce's Days Inventory falls into.



Emerge Commerce Days Inventory Calculation

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

Emerge Commerce's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3.812 + 0.916) / 2 ) / 8.909*365
=2.364 / 8.909*365
=96.85

Emerge Commerce'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
=( (0.711 + 0.916) / 2 ) / 2.303*365 / 4
=0.8135 / 2.303*365 / 4
=32.23

* 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.


Emerge Commerce  (OTCPK:EMCMF) 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.

Emerge Commerce'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.

Emerge Commerce'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.


Emerge Commerce Days Inventory Related Terms

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


Emerge Commerce (Emerge Commerce) Business Description

Traded in Other Exchanges
Address
355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2
Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.

Emerge Commerce (Emerge Commerce) Headlines