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Scott's Liquid Gold (Scott's Liquid Gold) Days Inventory : 72.22 (As of Mar. 2024)


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What is Scott's Liquid Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scott's Liquid Gold's Average Total Inventories for the three months ended in Mar. 2024 was $0.40 Mil. Scott's Liquid Gold's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.50 Mil. Hence, Scott's Liquid Gold's Days Inventory for the three months ended in Mar. 2024 was 72.22.

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

SLGD' s Days Inventory Range Over the Past 10 Years
Min: 78.65   Med: 110.88   Max: 648.69
Current: 148.83

During the past 13 years, Scott's Liquid Gold's highest Days Inventory was 648.69. The lowest was 78.65. And the median was 110.88.

SLGD's Days Inventory is ranked worse than
77.32% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs SLGD: 148.83

Scott's Liquid Gold's Days Inventory declined from Mar. 2023 (348.04) to Mar. 2024 (72.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Scott's Liquid Gold's Inventory Turnover for the three months ended in Mar. 2024 was 1.26.

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. Scott's Liquid Gold's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.46.

Scott's Liquid Gold Days Inventory Historical Data

The historical data trend for Scott's Liquid Gold'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.

Scott's Liquid Gold Days Inventory Chart

Scott's Liquid Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.96 122.82 92.74 648.69 106.37

Scott's Liquid Gold 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 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 348.04 191.75 73.81 85.55 72.22

Competitive Comparison of Scott's Liquid Gold's Days Inventory

For the Household & Personal Products subindustry, Scott's Liquid Gold'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.

Scott's Liquid Gold's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scott's Liquid Gold's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scott's Liquid Gold's Days Inventory falls into.


Scott's Liquid Gold Days Inventory Calculation

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

Scott's Liquid Gold'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
=( (0.775 + 0.365) / 2 ) / 1.956*365
=0.57 / 1.956*365
=106.37

Scott's Liquid Gold'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
=( (0.365 + 0.428) / 2 ) / 0.501*365 / 4
=0.3965 / 0.501*365 / 4
=72.22

* 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.

Scott's Liquid Gold  (OTCPK:SLGD) 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.

Scott's Liquid Gold's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.501 / 0.3965
=1.26

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.

Scott's Liquid Gold's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.3965 / 0.859
=0.46

* 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.

Scott's Liquid Gold Days Inventory Related Terms

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

Scott's Liquid Gold (Scott's Liquid Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scott's Liquid Gold Inc (OTCPK:SLGD) » Definitions » Days Inventory
Comparable Companies
PURE BMXC SNBH CAWW MNKA NASO DQWS TANH SKVI PGID PG XPAR:OR LSE:ULVR CL BOM:500696 EL KMB LSE:RKT KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
8400 E. Crescent Parkway, Suite 450, Greenwood Village, CO, USA, 80111
Website
http://www.slginc.com
Scott's Liquid Gold Inc develop, market, and sell high-quality, high-value household and personal care products. Its business is divided into two operating segments: household products and health and beauty care products. Its family of brands includes Scott's Liquid Gold, Alpha Skin Care, Prell, Denorex, Kids N Pets, 7th Heaven by Montagne Jeunesse, and Batiste Dry Shampoo. The company generates a vast majority of its revenues from the Household Products segment.
Executives
John Mcannar director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Maran Partners Fund, Lp 10 percent owner 150 FILLMORE STREET, SUITE 150, DENVER CO 80206
Mark E Goldstein director, 10 percent owner, officer: COB/President/CEO 4880 HAVANA ST, DENVER CO 80239
David M Arndt officer: Chief Financial Officer 3184 BARBWIRE WAY, CASTLE ROCK CT 80108
Tisha Pedrazzini director 15276 W. ELLSWORTH PL, GOLDEN CO 80401
R. Rimmy Malhotra director C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235
Maran Capital Management, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Daniel J Roller 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Partners Gp, Llc 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Maran Spv, Lp 10 percent owner 1409 COLUMBINE STREET, DENVER CO 80206
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Andrew Summers director 601 JEFFERSON STREET, HOUSTON TX 77002
Kevin A. Paprzycki officer: Chief Financial Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017