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Lazydays Holdings (Lazydays Holdings) Days Inventory : 157.31 (As of Mar. 2024)


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What is Lazydays Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lazydays Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $401.37 Mil. Lazydays Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $232.82 Mil. Hence, Lazydays Holdings's Days Inventory for the three months ended in Mar. 2024 was 157.31.

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

LAZYW' s Days Inventory Range Over the Past 10 Years
Min: 71.91   Med: 113.67   Max: 178.43
Current: 170.49

During the past 8 years, Lazydays Holdings's highest Days Inventory was 178.43. The lowest was 71.91. And the median was 113.67.

LAZYW's Days Inventory is ranked worse than
87.31% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs LAZYW: 170.49

Lazydays Holdings's Days Inventory increased from Mar. 2023 (157.10) to Mar. 2024 (157.31). It might indicate that Lazydays Holdings'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. Lazydays Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.58.

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. Lazydays Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.48.


Lazydays Holdings Days Inventory Historical Data

The historical data trend for Lazydays Holdings'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.

Lazydays Holdings Days Inventory Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 114.51 79.26 71.91 113.67 178.43

Lazydays Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 157.10 153.37 156.32 247.13 157.31

Competitive Comparison of Lazydays Holdings's Days Inventory

For the Auto & Truck Dealerships subindustry, Lazydays Holdings'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.


Lazydays Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lazydays Holdings's Days Inventory falls into.



Lazydays Holdings Days Inventory Calculation

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

Lazydays Holdings'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
=( (378.881 + 456.087) / 2 ) / 854.005*365
=417.484 / 854.005*365
=178.43

Lazydays Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (456.087 + 346.645) / 2 ) / 232.82*365 / 4
=401.366 / 232.82*365 / 4
=157.31

* 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.


Lazydays Holdings  (OTCPK:LAZYW) 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.

Lazydays Holdings's Inventory Turnover for the three months ended in Mar. 2024 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.

Lazydays Holdings's Inventory to Revenue for the three months ended in Mar. 2024 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.


Lazydays Holdings Days Inventory Related Terms

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


Lazydays Holdings (Lazydays Holdings) Business Description

Traded in Other Exchanges
Address
4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.