GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Polished.com Inc (OTCPK:POLCQ) » Definitions » Days Inventory

Polished.com (Polished.com) Days Inventory : 50.75 (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Polished.com Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polished.com's Average Total Inventories for the three months ended in Sep. 2023 was $34.8 Mil. Polished.com's Cost of Goods Sold for the three months ended in Sep. 2023 was $62.5 Mil. Hence, Polished.com's Days Inventory for the three months ended in Sep. 2023 was 50.75.

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

POLCQ' s Days Inventory Range Over the Past 10 Years
Min: 24.88   Med: 31.54   Max: 61.59
Current: 61.59

During the past 5 years, Polished.com's highest Days Inventory was 61.59. The lowest was 24.88. And the median was 31.54.

POLCQ's Days Inventory is ranked better than
72.89% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.78 vs POLCQ: 61.59

Polished.com's Days Inventory increased from Jun. 2022 (41.87) to Sep. 2023 (50.75). It might indicate that Polished.com's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polished.com's Inventory Turnover for the three months ended in Sep. 2023 was 1.80.

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. Polished.com's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.45.


Polished.com Days Inventory Historical Data

The historical data trend for Polished.com'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.

Polished.com Days Inventory Chart

Polished.com Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
25.01 - 24.88 38.06 38.62

Polished.com Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 41.87 - 42.74 54.35 50.75

Competitive Comparison of Polished.com's Days Inventory

For the Specialty Retail subindustry, Polished.com'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.


Polished.com's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Polished.com's Days Inventory falls into.



Polished.com Days Inventory Calculation

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

Polished.com's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (52.393 + 41.766) / 2 ) / 444.957*365
=47.0795 / 444.957*365
=38.62

Polished.com's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (39.448 + 30.093) / 2 ) / 62.513*365 / 4
=34.7705 / 62.513*365 / 4
=50.75

* 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.


Polished.com  (OTCPK:POLCQ) 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.

Polished.com's Inventory Turnover for the three months ended in Sep. 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.

Polished.com's Inventory to Revenue for the three months ended in Sep. 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.


Polished.com Days Inventory Related Terms

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


Polished.com (Polished.com) Business Description

Traded in Other Exchanges
N/A
Address
1870 Bath Avenue, Brooklyn, NY, USA, 11214
Polished.com Inc is an e-commerce destination for home furnishings, appliances, furniture, home goods, and related products. It sells various products such as refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. The firm's brand portfolio consists of Bosch, Whirlpool, GE, Maytag, LG, Samsung, Sharp, and Kitchen Aid, among others.
Executives
Houman Akhavan director C/O U. S. AUTO PARTS NETWORK, INC., 17150 SOUTH MARGAY AVENUE, CARSON CA 90746
John E. Bunka officer: Interim CEO C/O POLISHED.COM INC., 1870 BATH AVENUE, BROOKLYN NY 11214
James M Schneider director C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Maria Johnson officer: Chief Financial Officer C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Albert Fouerti director C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Clark R. Crosnoe director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC.,, BALLWIN MO 63011
Glyn C. Milburn director 13850 MANCHESTER RD, C/O 1847 GOEDEKER INC., BALLWIN MO 63011
Gary Alan Shaw director C/O 1847 GOEDEKER INC., 3817 MILLSTON PARKWAY, ST. CHARLES MO 63301
Selim A Bassoul director C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300
Thomas S. Harcum officer: CMO and CTO C/O 1847 GOEDEKER INC., 13850 MANCHESTER RD., BALLWIN MO 63011
Alan P. Shor director C/O 1847 GOEDEKER INC., 3817 MILLSTONE PARKWAY, ST. CHARLES MO 63301
Jacob Guilhas officer: VP of Logistics 13850 MANCHESTER RD., BALLWIN MO 63011
1847 Holdings Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Edward Tobin director C/O GEM SURGILIGHT INVESTORS, LLC, 9 WEST 57TH STREET, 46TH FLOOR, NEW YORK NY 10022
1847 Goedeker Holdco Inc. 10 percent owner 13850 MANCHESTER RD., BALLWIN MO 63011

Polished.com (Polished.com) Headlines