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Spin Master (TSX:TOY) Days Inventory : 47.90 (As of Dec. 2023)


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What is Spin Master Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Spin Master's Average Total Inventories for the three months ended in Dec. 2023 was C$169 Mil. Spin Master's Cost of Goods Sold for the three months ended in Dec. 2023 was C$323 Mil. Hence, Spin Master's Days Inventory for the three months ended in Dec. 2023 was 47.90.

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

TSX:TOY' s Days Inventory Range Over the Past 10 Years
Min: 35.33   Med: 45.52   Max: 68.19
Current: 52.12

During the past 10 years, Spin Master's highest Days Inventory was 68.19. The lowest was 35.33. And the median was 45.52.

TSX:TOY's Days Inventory is ranked worse than
56.74% of 668 companies
in the Travel & Leisure industry
Industry Median: 36.44 vs TSX:TOY: 52.12

Spin Master's Days Inventory declined from Dec. 2022 (54.81) to Dec. 2023 (47.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spin Master's Inventory Turnover for the three months ended in Dec. 2023 was 1.90.

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. Spin Master's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Spin Master Days Inventory Historical Data

The historical data trend for Spin Master'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.

Spin Master Days Inventory Chart

Spin Master 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 68.19 63.35 44.33 46.71 43.06

Spin Master 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 54.81 86.46 63.61 42.64 47.90

Competitive Comparison of Spin Master's Days Inventory

For the Leisure subindustry, Spin Master'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.


Spin Master's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spin Master's Days Inventory distribution charts can be found below:

* The bar in red indicates where Spin Master's Days Inventory falls into.



Spin Master Days Inventory Calculation

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

Spin Master'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
=( (142.778 + 131.477) / 2 ) / 1162.497*365
=137.1275 / 1162.497*365
=43.06

Spin Master'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
=( (207.43 + 131.477) / 2 ) / 322.789*365 / 4
=169.4535 / 322.789*365 / 4
=47.90

* 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.


Spin Master  (TSX:TOY) 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.

Spin Master'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.

Spin Master'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.


Spin Master Days Inventory Related Terms

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


Spin Master (TSX:TOY) Business Description

Traded in Other Exchanges
Address
225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.

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