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B. Riley Financial (B. Riley Financial) Days Inventory : 67.65 (As of Dec. 2023)


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What is B. Riley Financial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). B. Riley Financial's Average Total Inventories for the three months ended in Dec. 2023 was $109 Mil. B. Riley Financial's Cost of Goods Sold for the three months ended in Dec. 2023 was $147 Mil. Hence, B. Riley Financial's Days Inventory for the three months ended in Dec. 2023 was 67.65.

The historical rank and industry rank for B. Riley Financial's Days Inventory or its related term are showing as below:

RILY' s Days Inventory Range Over the Past 10 Years
Min: 10.85   Med: 22.69   Max: 67.05
Current: 66.98

During the past 13 years, B. Riley Financial's highest Days Inventory was 67.05. The lowest was 10.85. And the median was 22.69.

RILY's Days Inventory is ranked better than
51.72% of 29 companies
in the Diversified Financial Services industry
Industry Median: 68.56 vs RILY: 66.98

B. Riley Financial's Days Inventory increased from Dec. 2022 (57.08) to Dec. 2023 (67.65). It might indicate that B. Riley Financial'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. B. Riley Financial's Inventory Turnover for the three months ended in Dec. 2023 was 1.35.

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. B. Riley Financial's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.


B. Riley Financial Days Inventory Historical Data

The historical data trend for B. Riley Financial'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.

B. Riley Financial Days Inventory Chart

B. Riley Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.85 67.05 64.79

B. Riley Financial 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 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 57.08 72.89 78.81 55.01 67.65

Competitive Comparison of B. Riley Financial's Days Inventory

For the Financial Conglomerates subindustry, B. Riley Financial'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.


B. Riley Financial's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B. Riley Financial's Days Inventory distribution charts can be found below:

* The bar in red indicates where B. Riley Financial's Days Inventory falls into.



B. Riley Financial Days Inventory Calculation

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

B. Riley Financial'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
=( (101.675 + 110.482) / 2 ) / 597.58*365
=106.0785 / 597.58*365
=64.79

B. Riley Financial'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
=( (107.226 + 110.482) / 2 ) / 146.824*365 / 4
=108.854 / 146.824*365 / 4
=67.65

* 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.


B. Riley Financial  (NAS:RILY) 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.

B. Riley Financial'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.

B. Riley Financial'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.


B. Riley Financial Days Inventory Related Terms

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


B. Riley Financial (B. Riley Financial) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 800, Los Angeles, CA, USA, 90025
B. Riley Financial Inc is a diversified financial services company. The company through its subsidiaries offers investment banking and financial services to corporate, institutional and high net worth clients and also asset disposition, valuation and appraisal and capital advisory services to retail, wholesale, institutional, lenders, capital providers, private equity investors, and professional services firms in United States, Canada, and Europe. It also provides internet access and subscription services. The reportable operating segments of the company include Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer segment.
Executives
Kelleher Thomas J /adv officer: CEO of B. Riley Capital Market C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Renee E Labran director 130 WEST UNION STREET, C/O IDEALAB, PASADENA CA 91103
Andrew Moore officer: CEO of B. Riley FBR, Inc. C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Robert L Antin director
Tamara Sue Brandt director C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Randall E Paulson director
D Agostino Robert P director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Michael Joseph Sheldon director C/O ALDILA, INC., 14145 DANIELSON ST. STE B, POWAY CA 92064
Daniel Asher 10 percent owner 111 W JACKSON BLVD, 20TH FL, CHICAGO IL 60604
Kenneth M Young officer: President C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Mikel H Williams director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Phillip Ahn officer: CFO and COO 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Alan N Forman officer: EVP, General Counsel, Sec 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367

B. Riley Financial (B. Riley Financial) Headlines