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Dr. Martens (LSE:DOCS) Days Inventory : 370.63 (As of Sep. 2023)


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What is Dr. Martens Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dr. Martens's Average Total Inventories for the six months ended in Sep. 2023 was £286.2 Mil. Dr. Martens's Cost of Goods Sold for the six months ended in Sep. 2023 was £140.9 Mil. Hence, Dr. Martens's Days Inventory for the six months ended in Sep. 2023 was 370.63.

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

LSE:DOCS' s Days Inventory Range Over the Past 10 Years
Min: 88.24   Med: 106.27   Max: 279.97
Current: 279.97

During the past 6 years, Dr. Martens's highest Days Inventory was 279.97. The lowest was 88.24. And the median was 106.27.

LSE:DOCS's Days Inventory is ranked worse than
86.18% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs LSE:DOCS: 279.97

Dr. Martens's Days Inventory increased from Sep. 2022 (218.14) to Sep. 2023 (370.63). It might indicate that Dr. Martens's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr. Martens's Inventory Turnover for the six months ended in Sep. 2023 was 0.49.

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. Dr. Martens's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.72.


Dr. Martens Days Inventory Historical Data

The historical data trend for Dr. Martens'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.

Dr. Martens Days Inventory Chart

Dr. Martens Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 88.24 97.01 115.53 124.34 181.83

Dr. Martens Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 140.92 118.99 218.14 213.99 370.63

Competitive Comparison of Dr. Martens's Days Inventory

For the Footwear & Accessories subindustry, Dr. Martens'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.


Dr. Martens's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Dr. Martens Days Inventory Calculation

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

Dr. Martens's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (123 + 257.8) / 2 ) / 382.2*365
=190.4 / 382.2*365
=181.83

Dr. Martens's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (257.8 + 314.5) / 2 ) / 140.9*365 / 2
=286.15 / 140.9*365 / 2
=370.63

* 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.


Dr. Martens  (LSE:DOCS) 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.

Dr. Martens's Inventory Turnover for the six months ended in Sep. 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.

Dr. Martens's Inventory to Revenue for the six months ended in Sep. 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.


Dr. Martens Days Inventory Related Terms

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


Dr. Martens (LSE:DOCS) Business Description

Traded in Other Exchanges
Address
28 Jamestown Road, Camden, London, GBR, NW1 7BY
Dr. Martens PLC is engaged in the business of footwear. Its product segments include Originals, Fusion, Kids and Casual, and a complementary range of Accessories. Geographically, it derives a majority of revenue from EMEA and also has a presence in the Americas and APAC.

Dr. Martens (LSE:DOCS) Headlines

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