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Frasers Group (LSE:FRAS) Days Inventory : 176.48 (As of Oct. 2023)


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What is Frasers Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Frasers Group's Average Total Inventories for the six months ended in Oct. 2023 was £1,528 Mil. Frasers Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £1,580 Mil. Hence, Frasers Group's Days Inventory for the six months ended in Oct. 2023 was 176.48.

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

LSE:FRAS' s Days Inventory Range Over the Past 10 Years
Min: 119.13   Med: 148.19   Max: 206.99
Current: 169.54

During the past 13 years, Frasers Group's highest Days Inventory was 206.99. The lowest was 119.13. And the median was 148.19.

LSE:FRAS's Days Inventory is ranked worse than
69.25% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.635 vs LSE:FRAS: 169.54

Frasers Group's Days Inventory increased from Oct. 2022 (164.10) to Oct. 2023 (176.48). It might indicate that Frasers Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Frasers Group's Inventory Turnover for the six months ended in Oct. 2023 was 1.03.

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. Frasers Group's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.55.


Frasers Group Days Inventory Historical Data

The historical data trend for Frasers 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.

Frasers Group Days Inventory Chart

Frasers Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.53 173.11 206.99 162.86 156.85

Frasers Group Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 165.41 162.43 164.10 160.65 176.48

Competitive Comparison of Frasers Group's Days Inventory

For the Specialty Retail subindustry, Frasers 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.


Frasers Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

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



Frasers Group Days Inventory Calculation

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

Frasers Group's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (1277.6 + 1464.9) / 2 ) / 3191*365
=1371.25 / 3191*365
=156.85

Frasers Group's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (1464.9 + 1590.2) / 2 ) / 1579.7*365 / 2
=1527.55 / 1579.7*365 / 2
=176.48

* 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.


Frasers Group  (LSE:FRAS) 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.

Frasers Group's Inventory Turnover for the six months ended in Oct. 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.

Frasers Group's Inventory to Revenue for the six months ended in Oct. 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.


Frasers Group Days Inventory Related Terms

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


Frasers Group (LSE:FRAS) Business Description

Traded in Other Exchanges
Address
Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The company operates stores in the United Kingdom and continental Europe, including premium lifestyle stores in the U.K. The diversified portfolio, consists of globally recognized brands, such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias.

Frasers Group (LSE:FRAS) Headlines

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