1847 Holdings LLC (1847 Holdings LLC) Days Inventory : 84.71 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is 1847 Holdings LLC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 1847 Holdings LLC's Average Total Inventories for the three months ended in Dec. 2023 was $11.48 Mil. 1847 Holdings LLC's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.37 Mil. Hence, 1847 Holdings LLC's Days Inventory for the three months ended in Dec. 2023 was 84.71.

The historical rank and industry rank for 1847 Holdings LLC's Days Inventory or its related term are showing as below:

EFSH' s Days Inventory Range Over the Past 10 Years
Min: 51.76 Med: 63.1 Max: 117.28
Current: 87.83

During the past 11 years, 1847 Holdings LLC's highest Days Inventory was 117.28. The lowest was 51.76. And the median was 63.10.

EFSH's Days Inventory is ranked worse than
56.57% of 449 companies
in the Conglomerates industry
Industry Median: 71.86 vs EFSH: 87.83

1847 Holdings LLC's Days Inventory increased from Dec. 2022 (50.25) to Dec. 2023 (84.71). It might indicate that 1847 Holdings LLC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. 1847 Holdings LLC's Inventory Turnover for the three months ended in Dec. 2023 was 1.08.

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. 1847 Holdings LLC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.76.

1847 Holdings LLC Days Inventory Historical Data

The historical data trend for 1847 Holdings LLC'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.

1847 Holdings LLC Days Inventory Chart

1847 Holdings LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

51.76

63.10

67.64

52.79

53.30

1847 Holdings LLC 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															50.25	86.88	99.40	115.13	84.71

Competitive Comparison of 1847 Holdings LLC's Days Inventory

For the Conglomerates subindustry, 1847 Holdings LLC'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.

1847 Holdings LLC's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, 1847 Holdings LLC's Days Inventory distribution charts can be found below:

* The bar in red indicates where 1847 Holdings LLC's Days Inventory falls into.

1847 Holdings LLC Days Inventory Calculation

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

1847 Holdings LLC'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
=	( (4.184	+	9)	/	2 )	/	45.139	*	365
=	6.592					/	45.139	*	365
=	53.30

1847 Holdings LLC'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
=	( (13.957	+	9)	/	2 )	/	12.365	*	365 / 4
=	11.4785					/	12.365	*	365 / 4
=	84.71

1847 Holdings LLC (AMEX:EFSH) 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.

1847 Holdings LLC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.365	/	11.4785
	=	1.08

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.

1847 Holdings LLC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.4785	/	15.11
	=	0.76

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.

1847 Holdings LLC Days Inventory Related Terms

Thank you for viewing the detailed overview of 1847 Holdings LLC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

1847 Holdings LLC (1847 Holdings LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » 1847 Holdings LLC (AMEX:EFSH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

590 Madison Avenue, 21st Floor, New York, NY, USA, 10022

Website

https://www.1847holdings.com

1847 Holdings LLC is a diversified holding company. It operates in three segments: Retail and appliances, Construction, and Automotive Supplies. The company generates maximum revenue from the Construction segment. The firm, through its subsidiaries, provides a wide range of land application services and sells equipment and parts, primarily to the agricultural, construction, and lawn and garden industries.

Executives

Ellery Roberts	director, 10 percent owner, officer: CEO, President and CFO	590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Strategic Risk, Llc.	10 percent owner	228 PARK AVE S., PMB 828333, NEW YORK NY 10003
Michele A. Chow-tai	director	590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Paul Froning	director	590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Glyn C. Milburn	director	13850 MANCHESTER RD, C/O 1847 GOEDEKER INC., BALLWIN MO 63011
Clark R. Crosnoe	director	13850 MANCHESTER RD, C/O 1847 GOEDEKER INC.,, BALLWIN MO 63011
Taylor Lawrence X. Iii	director	2727 N 3RD STREET, SUITE 201, PHOENIX AZ 85004
Tracy S. Harris	director	C/O 1847 HOLDINGS LLC, 590 MADISON AVE., 21ST FLOOR, NEW YORK NY 10022
Eric Vandam	officer: Chief Operating Officer	C/O 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Edward Tobin	10 percent owner	C/O GEM SURGILIGHT INVESTORS, LLC, 9 WEST 57TH STREET, 46TH FLOOR, NEW YORK NY 10022
Vernice L Howard	officer: Chief Financial Officer	590 MADISON AVENUE, 21ST FLOOR, C/O 1847 HOLDINGS LLC, NEW YORK NY 10022
Jay Amond	officer: Chief Financial Officer	590 MADISON AVENUE, NEW YORK NY 10022
Rita Mallatt	10 percent owner	1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Stephen Jr Mallatt	10 percent owner	1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Robert Barry	director	1847 GOEDEKER INC., 13850 MANCHESTER RD., BALLWIN MO 63011