GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » G-III Apparel Group Ltd (FRA:GI4) » Definitions » Days Inventory

G-III Apparel Group (FRA:GI4) Days Inventory : 106.85 (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is G-III Apparel Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G-III Apparel Group's Average Total Inventories for the three months ended in Jan. 2024 was €519 Mil. G-III Apparel Group's Cost of Goods Sold for the three months ended in Jan. 2024 was €443 Mil. Hence, G-III Apparel Group's Days Inventory for the three months ended in Jan. 2024 was 106.85.

The historical rank and industry rank for G-III Apparel Group's Days Inventory or its related term are showing as below:

FRA:GI4' s Days Inventory Range Over the Past 10 Years
Min: 95.3   Med: 106.73   Max: 134.84
Current: 128.06

During the past 13 years, G-III Apparel Group's highest Days Inventory was 134.84. The lowest was 95.30. And the median was 106.73.

FRA:GI4's Days Inventory is ranked better than
51.6% of 1002 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.09 vs FRA:GI4: 128.06

G-III Apparel Group's Days Inventory declined from Jan. 2023 (134.98) to Jan. 2024 (106.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. G-III Apparel Group's Inventory Turnover for the three months ended in Jan. 2024 was 0.85.

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. G-III Apparel Group's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.74.


G-III Apparel Group Days Inventory Historical Data

The historical data trend for G-III Apparel Group'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.

G-III Apparel Group Days Inventory Chart

G-III Apparel Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.39 142.33 92.26 102.79 121.66

G-III Apparel Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 134.98 172.90 171.58 97.91 106.85

Competitive Comparison of G-III Apparel Group's Days Inventory

For the Apparel Manufacturing subindustry, G-III Apparel Group'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.


G-III Apparel Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, G-III Apparel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where G-III Apparel Group's Days Inventory falls into.



G-III Apparel Group Days Inventory Calculation

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

G-III Apparel Group's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (658.272 + 477.751) / 2 ) / 1704.17*365
=568.0115 / 1704.17*365
=121.66

G-III Apparel Group's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (560.179 + 477.751) / 2 ) / 443.211*365 / 4
=518.965 / 443.211*365 / 4
=106.85

* 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.


G-III Apparel Group  (FRA:GI4) 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.

G-III Apparel Group's Inventory Turnover for the three months ended in Jan. 2024 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.

G-III Apparel Group's Inventory to Revenue for the three months ended in Jan. 2024 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.


G-III Apparel Group Days Inventory Related Terms

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


G-III Apparel Group (FRA:GI4) Business Description

Traded in Other Exchanges
Address
512 Seventh Avenue, New York, NY, USA, 10018
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (FRA:GI4) Headlines

No Headlines