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Giordano International (HKSE:00709) Days Inventory : 111.77 (As of Dec. 2023)


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What is Giordano International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Giordano International's Average Total Inventories for the six months ended in Dec. 2023 was HK$488 Mil. Giordano International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$796 Mil. Hence, Giordano International's Days Inventory for the six months ended in Dec. 2023 was 111.77.

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

HKSE:00709' s Days Inventory Range Over the Past 10 Years
Min: 80.3   Med: 93.5   Max: 134.47
Current: 119.93

During the past 13 years, Giordano International's highest Days Inventory was 134.47. The lowest was 80.30. And the median was 93.50.

HKSE:00709's Days Inventory is ranked worse than
53.46% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs HKSE:00709: 119.93

Giordano International's Days Inventory declined from Dec. 2022 (129.73) to Dec. 2023 (111.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Giordano International's Inventory Turnover for the six months ended in Dec. 2023 was 1.63.

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. Giordano International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.


Giordano International Days Inventory Historical Data

The historical data trend for Giordano International'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.

Giordano International Days Inventory Chart

Giordano International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.07 129.30 130.90 134.47 123.10

Giordano International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only 137.88 124.30 129.73 124.77 111.77

Competitive Comparison of Giordano International's Days Inventory

For the Apparel Retail subindustry, Giordano International'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.


Giordano International's Days Inventory Distribution in the Retail - Cyclical Industry

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

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



Giordano International Days Inventory Calculation

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

Giordano International'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
=( (612 + 474) / 2 ) / 1610*365
=543 / 1610*365
=123.10

Giordano International'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (501 + 474) / 2 ) / 796*365 / 2
=487.5 / 796*365 / 2
=111.77

* 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.


Giordano International  (HKSE:00709) 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.

Giordano International's Inventory Turnover for the six 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.

Giordano International's Inventory to Revenue for the six 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.


Giordano International Days Inventory Related Terms

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


Giordano International (HKSE:00709) Business Description

Traded in Other Exchanges
Address
777-779 Cheung Sha Wan Road, 5th Floor, Tin On Industrial Building, Kowloon, Hong Kong, HKG
Giordano International Ltd is an apparel manufacturer and retailer with thousands of stores in the Asia-Pacific region. Giordano's has both self-operated and franchised stores. Giordano's sales are similarly dispersed through the following regions: Mainland China, Hong Kong and Taiwan, and Rest of Asia-Pacific. The company also generates significant sales in the Middle East. The Giordano brand, encompassing Giordano Men, Giordano Women, and Giordano Junior, generates the vast majority of the company's sales, mostly through Giordano Men. Other brands include Giordano Ladies, BSX, Beau Monde, and Eula.

Giordano International (HKSE:00709) Headlines

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