Acushnet Holdings (Acushnet Holdings) Days Inventory : 256.97 (As of Dec. 2023)

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What is Acushnet Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acushnet Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $572 Mil. Acushnet Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $203 Mil. Hence, Acushnet Holdings's Days Inventory for the three months ended in Dec. 2023 was 256.97.

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

GOLF' s Days Inventory Range Over the Past 10 Years
Min: 136.3 Med: 166.31 Max: 208.47
Current: 195.21

During the past 11 years, Acushnet Holdings's highest Days Inventory was 208.47. The lowest was 136.30. And the median was 166.31.

GOLF's Days Inventory is ranked worse than
83.83% of 668 companies
in the Travel & Leisure industry
Industry Median: 37.185 vs GOLF: 195.21

Acushnet Holdings's Days Inventory increased from Dec. 2022 (247.00) to Dec. 2023 (256.97). It might indicate that Acushnet Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Acushnet Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. Acushnet Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.39.

Acushnet Holdings Days Inventory Historical Data

The historical data trend for Acushnet 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.

Acushnet Holdings Days Inventory Chart

Acushnet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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171.32

176.37

136.68

181.98

208.47

Acushnet 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															247.00	186.96	170.85	174.75	256.97

Competitive Comparison of Acushnet Holdings's Days Inventory

For the Leisure subindustry, Acushnet 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.

Acushnet Holdings's Days Inventory Distribution in the Travel & Leisure Industry

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

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

Acushnet Holdings Days Inventory Calculation

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

Acushnet Holdings'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
=	( (674.684	+	615.535)	/	2 )	/	1129.484	*	365
=	645.1095					/	1129.484	*	365
=	208.47

Acushnet 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
=	( (528.73	+	615.535)	/	2 )	/	203.167	*	365 / 4
=	572.1325					/	203.167	*	365 / 4
=	256.97

Acushnet Holdings (NYSE:GOLF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	203.167	/	572.1325
	=	0.36

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	572.1325	/	412.961
	=	1.39

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.

Acushnet Holdings Days Inventory Related Terms

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

Acushnet Holdings (Acushnet Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (NYSE:GOLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

163:Germany

Address

333 Bridge Street, Fairhaven, MA, USA, 02719

Website

https://www.acushnetholdingscorp.com

Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

Executives

Christopher Aaron Lindner	officer: President, FootJoy	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd.	director, 10 percent owner	1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher	officer: Chief Operating Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan	director	11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron)	director, 10 percent owner	FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer	director	2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719