The Marygold (The Marygold) Days Inventory : 88.42 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is The Marygold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Marygold's Average Total Inventories for the three months ended in Mar. 2024 was $2.25 Mil. The Marygold's Cost of Goods Sold for the three months ended in Mar. 2024 was $2.32 Mil. Hence, The Marygold's Days Inventory for the three months ended in Mar. 2024 was 88.42.

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

MGLD' s Days Inventory Range Over the Past 10 Years
Min: 33.15 Med: 61.43 Max: 166.08
Current: 94.55

During the past 13 years, The Marygold's highest Days Inventory was 166.08. The lowest was 33.15. And the median was 61.43.

MGLD's Days Inventory is ranked worse than
53.94% of 165 companies
in the Asset Management industry
Industry Median: 77.99 vs MGLD: 94.55

The Marygold's Days Inventory declined from Mar. 2023 (103.31) to Mar. 2024 (88.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Marygold's Inventory Turnover for the three months ended in Mar. 2024 was 1.03.

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. The Marygold's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.

The Marygold Days Inventory Historical Data

The historical data trend for The Marygold'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.

The Marygold Days Inventory Chart

The Marygold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

51.04

61.48

61.43

82.43

92.91

The Marygold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															103.31	92.00	99.60	100.02	88.42

Competitive Comparison of The Marygold's Days Inventory

For the Asset Management subindustry, The Marygold'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.

The Marygold's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's Days Inventory distribution charts can be found below:

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

The Marygold Days Inventory Calculation

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

The Marygold's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (2.201	+	2.254)	/	2 )	/	8.751	*	365
=	2.2275					/	8.751	*	365
=	92.91

The Marygold's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (2.389	+	2.113)	/	2 )	/	2.323	*	365 / 4
=	2.251					/	2.323	*	365 / 4
=	88.42

The Marygold (AMEX:MGLD) 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.

The Marygold's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.323	/	2.251
	=	1.03

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.

The Marygold's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.251	/	7.88
	=	0.29

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.

The Marygold Days Inventory Related Terms

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

The Marygold (The Marygold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Marygold Companies Inc (AMEX:MGLD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TF8:Germany

Address

120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672

Website

https://www.marygoldandco.net

The Marygold Companies Inc is engaged in identifying and acquiring established, profitable, undervalued companies in diverse sectors, and managing the portfolio to facilitate growth and add value for all stakeholders.

Executives

Scott Allen West	officer: Chief Accounting Officer	12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander	director	C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert	director, officer: Chief Executive Officer	13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Carolyn M. Yu	officer: Chief Legal Officer	120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Kathryn D. Rooney	director	2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber	director, 10 percent owner, officer: Chief Executive Officer	127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson	director	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh	officer: Treasurer/CFO	C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan	director	2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris	director	150 MAISON PLACE N.W., ATLANTA GA 30303
Derek Jason Mullins	director	C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Tabatha Coffey	director	1019 GLEN ROAD, FORT LEE NJ 07024
Sheila Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Gerber Family Irrevocable Trust	10 percent owner	COMMONWEALTH TRUST COMPANY, TRUSTEE, 29 BANCROFT MILLS RD., WILMINGTON DE 19806