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MasterCraft Boat Holdings (MasterCraft Boat Holdings) Days Inventory : 55.67 (As of Dec. 2023)


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What is MasterCraft Boat Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MasterCraft Boat Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $49.3 Mil. MasterCraft Boat Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $80.8 Mil. Hence, MasterCraft Boat Holdings's Days Inventory for the three months ended in Dec. 2023 was 55.67.

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

MCFT' s Days Inventory Range Over the Past 10 Years
Min: 24.2   Med: 29.1   Max: 46.61
Current: 46.61

During the past 11 years, MasterCraft Boat Holdings's highest Days Inventory was 46.61. The lowest was 24.20. And the median was 29.10.

MCFT's Days Inventory is ranked better than
78.8% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs MCFT: 46.61

MasterCraft Boat Holdings's Days Inventory increased from Dec. 2022 (44.92) to Dec. 2023 (55.67). It might indicate that MasterCraft Boat Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MasterCraft Boat Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.64.

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. MasterCraft Boat Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


MasterCraft Boat Holdings Days Inventory Historical Data

The historical data trend for MasterCraft Boat Holdings'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.

MasterCraft Boat Holdings Days Inventory Chart

MasterCraft Boat Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.41 35.71 42.36 43.20 43.33

MasterCraft Boat Holdings 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 44.92 38.79 41.90 63.01 55.67

Competitive Comparison of MasterCraft Boat Holdings's Days Inventory

For the Recreational Vehicles subindustry, MasterCraft Boat Holdings'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.


MasterCraft Boat Holdings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MasterCraft Boat Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where MasterCraft Boat Holdings's Days Inventory falls into.



MasterCraft Boat Holdings Days Inventory Calculation

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

MasterCraft Boat Holdings'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
=( (58.595 + 58.298) / 2 ) / 492.333*365
=58.4465 / 492.333*365
=43.33

MasterCraft Boat Holdings'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
=( (55.472 + 43.056) / 2 ) / 80.752*365 / 4
=49.264 / 80.752*365 / 4
=55.67

* 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.


MasterCraft Boat Holdings  (NAS:MCFT) 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.

MasterCraft Boat Holdings'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.

MasterCraft Boat Holdings'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.


MasterCraft Boat Holdings Days Inventory Related Terms

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


MasterCraft Boat Holdings (MasterCraft Boat Holdings) Business Description

Traded in Other Exchanges
Address
100 Cherokee Cove Drive, Vonore, TN, USA, 37885
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.
Executives
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Kamilah Mitchell-thomas director C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Stephan Cloutier officer: President, Aviara C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jennifer Deason director 1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
Peter G Leemputte director CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Roch Lambert director 100 CHEROKEE COVE DRIVE, VONORE TN 37855
George Steinbarger officer: Chief Revenue Officer 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Timothy M. Oxley officer: Chief Financial Officer C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855
Scott Womack officer: President, NauticStar 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jay S. Povlin officer: President, NauticStar C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855