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iPower (iPower) Days Inventory : 148.39 (As of Dec. 2023)


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What is iPower Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iPower's Average Total Inventories for the three months ended in Dec. 2023 was $15.42 Mil. iPower's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.48 Mil. Hence, iPower's Days Inventory for the three months ended in Dec. 2023 was 148.39.

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

IPW' s Days Inventory Range Over the Past 10 Years
Min: 65.19   Med: 109.82   Max: 172.12
Current: 135

During the past 5 years, iPower's highest Days Inventory was 172.12. The lowest was 65.19. And the median was 109.82.

IPW's Days Inventory is ranked worse than
58.71% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs IPW: 135.00

iPower's Days Inventory declined from Dec. 2022 (216.59) to Dec. 2023 (148.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. iPower's Inventory Turnover for the three months ended in Dec. 2023 was 0.61.

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. iPower's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.92.


iPower Days Inventory Historical Data

The historical data trend for iPower'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.

iPower Days Inventory Chart

iPower Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
76.06 65.19 109.82 171.77 172.12

iPower Quarterly Data
Jun19 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 216.59 157.43 127.95 110.28 148.39

Competitive Comparison of iPower's Days Inventory

For the Internet Retail subindustry, iPower'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.


iPower's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iPower's Days Inventory distribution charts can be found below:

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



iPower Days Inventory Calculation

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

iPower'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
=( (30.434 + 20.594) / 2 ) / 54.105*365
=25.514 / 54.105*365
=172.12

iPower'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
=( (15.057 + 15.782) / 2 ) / 9.482*365 / 4
=15.4195 / 9.482*365 / 4
=148.39

* 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.


iPower  (NAS:IPW) 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.

iPower'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.

iPower'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.


iPower Days Inventory Related Terms

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


iPower (iPower) Business Description

Traded in Other Exchanges
N/A
Address
8798 9th Street, Rancho Cucamonga, CA, USA, 91730
iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.
Executives
Kevin Vassily director, officer: Chief Financial Officer C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan director, 10 percent owner, officer: Chief Executive Officer 2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li director C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta director
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010