Days Inventory is also known as Days Sales of Inventory (DSI). Rapala VMC's Average Total Inventories for the
six
months ended in Dec. 2023 was $101.1 Mil. Rapala VMC's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $52.5 Mil.
Hence, Rapala VMC's Days Inventory for the
six
months ended in Dec. 2023 was 351.64.
The historical rank and industry rank for Rapala VMC's Days Inventory or its related term are showing as below:
RPNMF'
s Days Inventory Range Over the Past 10 Years
Min: 211.1 Med: 295.51 Max: 361.96
Current: 361.96
During the past 13 years, Rapala VMC's highest Days Inventory was 361.96. The lowest was 211.10. And the median was 295.51.
RPNMF's Days Inventory is ranked worse than 92.71% of 672
companies
in the Travel & Leisure industry
Industry Median: 33.545
vs RPNMF: 361.96
Rapala VMC's Days Inventory
increased
from Dec. 2022 (323.54) to Dec. 2023 (351.64).
It might indicate that Rapala VMC'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.
Rapala VMC's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.52.
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.
Rapala VMC's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.89.
Rapala VMC Days Inventory Historical Data
The historical data trend for Rapala VMC'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.
Competitive Comparison of Rapala VMC's Days Inventory
For the Leisure subindustry, Rapala VMC'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.
Rapala VMC's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Rapala VMC's Days Inventory distribution charts can be found below:
* The bar in red indicates where Rapala VMC's Days Inventory falls into.
Rapala VMC Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rapala VMC's Days Inventory for the fiscal year that 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.
Rapala VMC (OTCPK:RPNMF) 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.
Rapala VMC's Inventory Turnover for the
six
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.
Rapala VMC's Inventory to Revenue for the
six
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.
Rapala VMC Days Inventory Related Terms
Thank you for viewing the detailed overview of Rapala VMC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing and distributing mainly fishing tackle equipment as well as hunting, outdoor and winter sports equipment. The company's products include fishing lures, treble hooks, fishing related knives and hooks etc. The firm markets and sells its products under Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue fox and Rapala brand names. The company has Group products and Third-party products operating segments. It derives the majority of its revenues from the Group products operating segment.
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