Life Time Group Holdings (Life Time Group Holdings) Days Inventory : 15.02 (As of Mar. 2024)

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What is Life Time Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Life Time Group Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $53 Mil. Life Time Group Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $322 Mil. Hence, Life Time Group Holdings's Days Inventory for the three months ended in Mar. 2024 was 15.02.

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

LTH' s Days Inventory Range Over the Past 10 Years
Min: 14.75 Med: 15.53 Max: 22.28
Current: 14.75

During the past 6 years, Life Time Group Holdings's highest Days Inventory was 22.28. The lowest was 14.75. And the median was 15.53.

LTH's Days Inventory is ranked better than
62.87% of 668 companies
in the Travel & Leisure industry
Industry Median: 37.185 vs LTH: 14.75

Life Time Group Holdings's Days Inventory declined from Mar. 2023 (15.29) to Mar. 2024 (15.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Life Time Group Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 6.08.

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. Life Time Group Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.09.

Life Time Group Holdings Days Inventory Historical Data

The historical data trend for Life Time Group 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.

Life Time Group Holdings Days Inventory Chart

Life Time Group Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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15.53

22.28

16.71

14.81

15.17

Life Time Group Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial													15.29	14.23	13.81	16.04	15.02

Competitive Comparison of Life Time Group Holdings's Days Inventory

For the Leisure subindustry, Life Time Group 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.

Life Time Group Holdings's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Life Time Group Holdings's Days Inventory falls into.

Life Time Group Holdings Days Inventory Calculation

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

Life Time Group 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
=	( (45.655	+	52.803)	/	2 )	/	1184.37	*	365
=	49.229					/	1184.37	*	365
=	15.17

Life Time Group Holdings'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
=	( (52.803	+	53.14)	/	2 )	/	321.9	*	365 / 4
=	52.9715					/	321.9	*	365 / 4
=	15.02

Life Time Group Holdings (NYSE:LTH) 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.

Life Time Group Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	321.9	/	52.9715
	=	6.08

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.

Life Time Group Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.9715	/	596.717
	=	0.09

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.

Life Time Group Holdings Days Inventory Related Terms

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

Life Time Group Holdings (Life Time Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Time Group Holdings Inc (NYSE:LTH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2902 Corporate Place, Chanhassen, MN, USA, 55317

Website

https://www.lifetime.life

Life Time Group Holdings Inc is engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centres in a resort-like environment, principally in residential locations of metropolitan areas in the United States and Canada.

Executives

Bahram Akradi	director, 10 percent owner, officer: Founder & CEO	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Erik Weaver	officer: SVP & Controller	C/O ORTHO-CLINICAL DIAGNOSTICS, INC., 1001 ROUTE 202, RARITAN NJ 08869
Robert P. Houghton	officer: EVP & CHIEF FINANCIAL OFFICER	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Teacher Retirement System Of Texas	other: Member of a group that is 10%	1000 RED RIVER STREET, AUSTIN TX 78701
Donna Coallier	director	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Jon Winkelried	10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jimena Almendares	director	C/O LIFE TIME GROUP HOLDINGS, INC., 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Lnk Life Time Fund, L.p.	director, 10 percent owner	81 MAIN STREET, WHITE PLAINS NY 10601
Partners Group Private Equity (master Fund), Llc	10 percent owner	1114 AVENUE OF THE AMERICAS, 37TH FLOOR, NEW YORK NY 10036
Green Ltf Holdings Ii Lp	director, 10 percent owner	11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Simon Property Group Inc /de/	10 percent owner	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
John Kristofer Galashan	director, 10 percent owner	LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jss Ltf Holdings Ltd	10 percent owner	MARCY BUILDING, PURCELL ESTATE, P.O. BOX 2416, ROAD TOWN, TORTOLA D8 VG1110
Lifeco Llc	10 percent owner	499 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022