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Days Inventory is also known as Days Sales of Inventory (DSI). Mister Car Wash's Average Total Inventories for the three months ended in Mar. 2024 was $8.3 Mil. Mister Car Wash's Cost of Goods Sold for the three months ended in Mar. 2024 was $71.7 Mil. Hence, Mister Car Wash's Days Inventory for the three months ended in Mar. 2024 was 10.57.
The historical rank and industry rank for Mister Car Wash's Days Inventory or its related term are showing as below:
During the past 5 years, Mister Car Wash's highest Days Inventory was 13.34. The lowest was 8.77. And the median was 11.61.
Mister Car Wash's Days Inventory declined from Mar. 2023 (11.89) to Mar. 2024 (10.57).
Inventory Turnover measures how fast the company turns over its inventory within a year. Mister Car Wash's Inventory Turnover for the three months ended in Mar. 2024 was 8.63.
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. Mister Car Wash's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.
The historical data trend for Mister Car Wash'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.
Mister Car Wash Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Days Inventory | 11.61 | 13.34 | 8.77 | 10.54 | 11.84 |
Mister Car Wash Quarterly Data | ||||||||||||||||||
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 | 11.89 | 10.63 | 10.97 | 12.02 | 10.57 |
For the Personal Services subindustry, Mister Car Wash'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.
For the Personal Services industry and Consumer Cyclical sector, Mister Car Wash's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mister Car Wash's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mister Car Wash'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 |
= | ( (9.174 | + | 8.952) | / | 2 ) | / | 279.375 | * | 365 |
= | 9.063 | / | 279.375 | * | 365 | ||||
= | 11.84 |
Mister Car Wash'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 |
= | ( (8.952 | + | 7.647) | / | 2 ) | / | 71.658 | * | 365 / 4 |
= | 8.2995 | / | 71.658 | * | 365 / 4 | ||||
= | 10.57 |
* 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.
Mister Car Wash (NYSE:MCW) 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.
Mister Car Wash's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 71.658 | / | 8.2995 | |
= | 8.63 |
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.
Mister Car Wash's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 8.2995 | / | 239.183 | |
= | 0.03 |
* 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.
Thank you for viewing the detailed overview of Mister Car Wash's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Duane Matheny | officer: See Remarks | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Markus Hartmann | officer: General Counsel | 968 JAMES STREET, SYRACUSE NY 13203 |
John Lo-minn Lai | director, officer: Chief Executive Officer | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Myra I. Chimienti | officer: See Remarks | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Jedidiah Marc Gold | officer: Chief Financial Officer | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Mary Lyn Porter | officer: Chief People Officer | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Casey Penn Lindsay | officer: See Remarks | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Lisa Bossard Funk | officer: General Counsel | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Veronica Rogers | director | C/O MISTER CAR WASH, INC., 222 E 5TH STREET, TUCSON AZ 85705 |
Ronald Kirk | director | TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243 |
Green Equity Investors Vi, L.p. | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
John Kristofer Galashan | director, 10 percent owner | LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025 |
Lgp Associates Vi-a Llc | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Susan E Docherty | director | THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226 |
Lgp Associates Vi-b Llc | director, 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
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