GORV (Lazydays Holdings) Inventory-to-Revenue : 1.46 (As of Sep. 2024)

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What is Lazydays Holdings Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Sep. 2024 was $312.5 Mil. Lazydays Holdings's Revenue for the three months ended in Sep. 2024 was $213.5 Mil. Lazydays Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.46.

Lazydays Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (1.39) to Jun. 2024 (1.46)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Sep. 2024 was 169.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lazydays Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.54.

Lazydays Holdings Inventory-to-Revenue Historical Data

The historical data trend for Lazydays Holdings's Inventory-to-Revenue 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 Inventory-to-Revenue Chart

Lazydays Holdings Annual Data

Trend

Nov15

Nov16

Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.25

0.17

0.15

0.23

0.39

Lazydays Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory-to-Revenue	Get a 7-Day Free Trial															1.38	2.12	1.48	1.39	1.46

Competitive Comparison of Lazydays Holdings's Inventory-to-Revenue

For the Auto & Truck Dealerships subindustry, Lazydays Holdings's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Lazydays Holdings's Inventory-to-Revenue falls into.

Lazydays Holdings Inventory-to-Revenue Calculation

Lazydays Holdings's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (378.881	+	456.087)	/	2 )	/	1082.747
=	417.484					/	1082.747
=	0.39

Lazydays Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

	Inventory-to-Revenue (Q: Sep. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Revenue (Q: Sep. 2024 )
=	( (314.382	+	310.671)	/	2 )	/	213.465
=	312.5265					/	213.465
=	1.46

Lazydays Holdings (NAS:GORV) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	312.5265	/	168.152	*	365 / 4
	=	169.60

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Lazydays Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	168.152	/	312.5265
	=	0.54

Lazydays Holdings Inventory-to-Revenue Related Terms

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Lazydays Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lazydays Holdings Inc (NAS:GORV) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

5ZL:Germany

Address

4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610

Website

https://www.lazydays.com

Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generates revenue by providing a full spectrum of RV products: New and pre-owned RV sales, RV parts and services, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.

Executives

John F North	director, officer: Chief Executive Officer	150 N. BARTLETT STREET, MEDFORD OR 97501
Kelly Porter	officer: Chief Financial Officer	4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Coliseum Capital Management, Llc	director, 10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Susan Scarola	director	4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Suzanne Tager	director	4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
David Kanen	10 percent owner, other: See Explanation of Responses	6429 NW 65TH WAY, PARKLAND FL 33067
Nicholas J Tomashot	officer: Chief Financial Officer	C/O LAZYDAYS HOLDINGS, INC., 6130 LAZY DAYS BOULEVARD, SEFFNER FL 33584
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Philotimo Fund, Lp	other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Focused Growth & Income Fund	other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	10 percent owner, other: See Explanation of Responses	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Bryant R Riley	10 percent owner	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Brf Investments, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Investments, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025