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Skechers USA (Skechers USA) Change In Inventory : $324 Mil (TTM As of Dec. 2023)


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What is Skechers USA Change In Inventory?

Skechers USA's change in inventory for the quarter that ended in Dec. 2023 was $-120 Mil. It means Skechers USA's inventory increased by $120 Mil from Sep. 2023 to Dec. 2023 .

Skechers USA's change in inventory for the fiscal year that ended in Dec. 2023 was $324 Mil. It means Skechers USA's inventory declined by $324 Mil from Dec. 2022 to Dec. 2023 .

Skechers USA's Total Inventories for the quarter that ended in Dec. 2023 was $1,525 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Skechers USA's Days Inventory for the quarter that ended in Dec. 2023 was 144.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Skechers USA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.

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. Skechers USA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.74.


Skechers USA Change In Inventory Historical Data

The historical data trend for Skechers USA's Change In 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.

Skechers USA Change In Inventory Chart

Skechers USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -171.90 78.63 -458.00 -389.03 324.19

Skechers USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In 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 -8.15 325.48 27.62 90.84 -119.75

Skechers USA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $324 Mil.

* 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.


Skechers USA  (NYSE:SKX) Change In Inventory Explanation

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

Skechers USA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1453.718/919.557*365 / 4
=144.26

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Skechers USA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

3. 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.

Skechers USA's Inventory to Revenue for the quarter that 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.


Skechers USA Change In Inventory Related Terms

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Skechers USA (Skechers USA) Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Executives
Robert Greenberg director, 10 percent owner, officer: Chief Executive Officer SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Michael Greenberg director, officer: President SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Phillip Paccione officer: General Counsel & Secretary
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Richard Siskind director C/O R SISKIND & CO, 1385 BROADWAY, NEW YORK NY 10018
Mark A Nason officer: Executive VP
David Weinberg director, officer: Chief Operating Officer
Yolanda Macias director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Zulema Garcia director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Jeffrey Greenberg director
Thomas Walsh director 12548 W. FETLOCK TRAIL, PEORIA AZ 85383
Richard Rappaport director 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
John M Vandemore officer: Chief Financial Officer 6355 S. BUFFALO DRIVE, LAS VEGAS NV 89521
Morton D Erlich director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Geyer Kosinski director