Interactive Strength (Interactive Strength) Days Inventory : 102.66 (As of Dec. 2023)

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What is Interactive Strength Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Interactive Strength's Average Total Inventories for the three months ended in Dec. 2023 was $2.03 Mil. Interactive Strength's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.80 Mil. Hence, Interactive Strength's Days Inventory for the three months ended in Dec. 2023 was 102.66.

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

TRNR' s Days Inventory Range Over the Past 10 Years
Min: 44.86 Med: 100.39 Max: 201.73
Current: 144.68

During the past 4 years, Interactive Strength's highest Days Inventory was 201.73. The lowest was 44.86. And the median was 100.39.

TRNR's Days Inventory is ranked worse than
86.05% of 86 companies
in the Personal Services industry
Industry Median: 16.425 vs TRNR: 144.68

Interactive Strength's Days Inventory declined from Dec. 2022 (143.43) to Dec. 2023 (102.66).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Interactive Strength's Inventory Turnover for the three months ended in Dec. 2023 was 0.89.

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. Interactive Strength's Inventory-to-Revenue for the three months ended in Dec. 2023 was 11.07.

Interactive Strength Days Inventory Historical Data

The historical data trend for Interactive Strength'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.

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Interactive Strength Days Inventory Chart

Interactive Strength Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

44.86

74.20

126.58

201.73

Interactive Strength Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial						143.43	162.79	133.30	121.55	102.66

Competitive Comparison of Interactive Strength's Days Inventory

For the Personal Services subindustry, Interactive Strength'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.

Interactive Strength's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's Days Inventory distribution charts can be found below:

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

Interactive Strength Days Inventory Calculation

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

Interactive Strength'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
=	( (4.567	+	2.607)	/	2 )	/	6.49	*	365
=	3.587					/	6.49	*	365
=	201.73

Interactive Strength'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
=	( (1.443	+	2.607)	/	2 )	/	1.8	*	365 / 4
=	2.025					/	1.8	*	365 / 4
=	102.66

Interactive Strength (NAS:TRNR) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.8	/	2.025
	=	0.89

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.025	/	0.183
	=	11.07

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.

Interactive Strength Days Inventory Related Terms

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

Interactive Strength (Interactive Strength) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Interactive Strength Inc (NAS:TRNR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

T2I:Germany

Address

1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701

Website

https://www.formelife.com

Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Executives

Bradley James Wickens	10 percent owner	PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok	director	125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer	10 percent owner	C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward	director, officer: Chief Executive Officer	942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan	officer: Principal Financial Officer	370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani	director	27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan	officer: Principal Accounting Officer	22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung	director	99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss	10 percent owner	SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006