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FIGS (FIGS) Days Inventory : 254.24 (As of Dec. 2023)


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What is FIGS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FIGS's Average Total Inventories for the three months ended in Dec. 2023 was $131.1 Mil. FIGS's Cost of Goods Sold for the three months ended in Dec. 2023 was $47.1 Mil. Hence, FIGS's Days Inventory for the three months ended in Dec. 2023 was 254.24.

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

FIGS' s Days Inventory Range Over the Past 10 Years
Min: 160.33   Med: 209.38   Max: 341.18
Current: 341.18

During the past 5 years, FIGS's highest Days Inventory was 341.18. The lowest was 160.33. And the median was 209.38.

FIGS's Days Inventory is ranked worse than
90.23% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs FIGS: 341.18

FIGS's Days Inventory declined from Dec. 2022 (342.87) to Dec. 2023 (254.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. FIGS's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. FIGS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.90.


FIGS Days Inventory Historical Data

The historical data trend for FIGS'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.

FIGS Days Inventory Chart

FIGS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
167.52 160.33 209.38 318.34 321.34

FIGS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 342.87 473.14 377.35 315.51 254.24

Competitive Comparison of FIGS's Days Inventory

For the Apparel Manufacturing subindustry, FIGS'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.


FIGS's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



FIGS Days Inventory Calculation

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

FIGS'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
=( (177.976 + 119.04) / 2 ) / 168.683*365
=148.508 / 168.683*365
=321.34

FIGS'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
=( (143.183 + 119.04) / 2 ) / 47.058*365 / 4
=131.1115 / 47.058*365 / 4
=254.24

* 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.


FIGS  (NYSE:FIGS) 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.

FIGS's Inventory Turnover for the three months ended in Dec. 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.

FIGS's Inventory to Revenue for the three months 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.


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.


FIGS Days Inventory Related Terms

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


FIGS (FIGS) Business Description

Traded in Other Exchanges
N/A
Address
2834 Colorado Avenue, Suite 100, Santa Monica, CA, USA, 90404
FIGS Inc is a healthcare apparel company. It offers more fitted scrubs for men and women made of its proprietary fabric FIONx, which provides four-way stretch and has anti-odor, anti-wrinkle and moisture-wicking properties.
Executives
Daniella Turenshine officer: Chief Financial Officer C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Heather L. Hasson director, 10 percent owner, officer: Co-Chief Executive Officer C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Mario Jesus Marte director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Catherine Eva Spear director, 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Michael J Soenen director C/O FIGS INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Thomas Tull 10 percent owner 27 N. WACKER DRIVE #523, CHICAGO IL 60606
Jeffrey A Wilke director PO BOX 81226, SEATTLE WA 98108-1226
Alan G Lafley director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Kenneth Jian-hong Lin director C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Tulco, Llc 10 percent owner 1000 COMMERCE DRIVE, 2ND FLOOR, PITTSBURGH PA 15275
Viking Global Investors Lp 10 percent owner 600 WASHINGTON BLVD., FLOOR 11, STAMFORD CT 06901
Sheila Antrum director 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
John Martin Willhite director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Christopher Peter Varelas director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Jeffrey D Lawrence officer: Chief Financial Officer 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105