SWMBRD Sports (XCNQ:SWIM) Days Inventory: 1,996.09 (As of Nov. 2023)

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What is SWMBRD Sports Days Inventory?

SWMBRD Sports XCNQ:SWIM Days Inventory is 1,996.09 as of Nov. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). SWMBRD Sports's Average Total Inventories for the three months ended in Nov. 2023 was C$0.09 Mil. SWMBRD Sports's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil. Hence, SWMBRD Sports's Days Inventory for the three months ended in Nov. 2023 was 1,996.09.

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

XCNQ:SWIM's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 31.005
* Ranked among companies with meaningful Days Inventory only.

SWMBRD Sports's Days Inventory increased from Nov. 2022 (0.00) to Nov. 2023 (1,996.09). It might indicate that SWMBRD Sports's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SWMBRD Sports's Inventory Turnover for the three months ended in Nov. 2023 was 0.05.

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. SWMBRD Sports's Inventory-to-Revenue for the three months ended in Nov. 2023 was 21.88.


SWMBRD Sports  (XCNQ:SWIM) 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.

SWMBRD Sports's Inventory Turnover for the three months ended in Nov. 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.

SWMBRD Sports's Inventory to Revenue for the three months ended in Nov. 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.


SWMBRD Sports Days Inventory Related Terms


SWMBRD Sports Days Inventory Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Days Inventory Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Days Inventory
0.00 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 844.06 2,889.58 1,996.09

XCNQ:SWIM vs MAT, HAS, PLNT: Days Inventory Comparison

For the Leisure subindustry, SWMBRD Sports'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.


SWMBRD Sports Days Inventory vs Travel & Leisure Industry

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

* The bar in red indicates where SWMBRD Sports's Days Inventory falls into.



SWMBRD Sports Days Inventory Calculation

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

SWMBRD Sports's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

Days Inventory (A: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (0 + 0.092) / 1 ) / 0*365
=0.092 / 0*365
=N/A

SWMBRD Sports's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0.097 + 0.078) / 2 ) / 0.004*365 / 4
=0.0875 / 0.004*365 / 4
=1,996.09

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1,996.09 mean?
SWMBRD Sports (XCNQ:SWIM) has a Days Inventory of 1,996.09 as of Nov. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SWMBRD Sports and its competitors.
Is SWMBRD Sports' Days Inventory too high?
SWMBRD Sports' current Days Inventory is 1,996.09. The Travel & Leisure industry median Days Inventory is 31.01. SWMBRD Sports' value of 1,996.09 is 6338% above this industry median.
How does SWMBRD Sports' Days Inventory compare to MAT and HAS?
SWMBRD Sports' Days Inventory of 1,996.09 can be compared against companies in the Travel & Leisure industry. The industry median Days Inventory is 31.01. SWMBRD Sports' value of 1,996.09 is 6338% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 31.01, based on 694 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SWMBRD Sports's current Days Inventory of 1,996.09 is 6338% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SWMBRD Sports and its competitors. For the Travel & Leisure industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SWMBRD Sports's current Days Inventory is 1,996.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Days Inventory of 1,996.09. The current Days Inventory is 1,996.09 and 6338% above the Travel & Leisure industry median of 31.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current Days Inventory is 1,996.09 as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.