Bagir Group (LSE:BAGR) Days Inventory : 62.14 (As of Jun. 2019)

View and export this data going back to 2014. Start your Free Trial

What is Bagir Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bagir Group's Average Total Inventories for the six months ended in Jun. 2019 was £7.76 Mil. Bagir Group's Cost of Goods Sold for the six months ended in Jun. 2019 was £22.79 Mil. Hence, Bagir Group's Days Inventory for the six months ended in Jun. 2019 was 62.14.

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

LSE:BAGR' s Days Inventory Range Over the Past 10 Years
Min: 32.67 Med: 40.91 Max: 59.87
Current: 59.87

During the past 8 years, Bagir Group's highest Days Inventory was 59.87. The lowest was 32.67. And the median was 40.91.

LSE:BAGR's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 131.33 vs LSE:BAGR: 59.87

Bagir Group's Days Inventory increased from Jun. 2018 (60.31) to Jun. 2019 (62.14). It might indicate that Bagir Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bagir Group's Inventory Turnover for the six months ended in Jun. 2019 was 2.94.

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. Bagir Group's Inventory-to-Revenue for the six months ended in Jun. 2019 was 0.30.

Bagir Group Days Inventory Historical Data

The historical data trend for Bagir 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.

Bagir Group Days Inventory Chart

Bagir Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

Get a 7-Day Free Trial

38.06

48.91

41.80

52.24

54.50

Bagir Group Semi-Annual Data
	Dec11	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Days Inventory	Get a 7-Day Free Trial										41.55	55.61	60.31	56.13	62.14

Competitive Comparison of Bagir Group's Days Inventory

For the Apparel Manufacturing subindustry, Bagir 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.

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

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

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

Bagir Group Days Inventory Calculation

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

Bagir Group's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (5.005	+	7.004)	/	2 )	/	40.211	*	365
=	6.0045					/	40.211	*	365
=	54.50

Bagir Group's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

	Days Inventory (Q: Jun. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (7.004	+	8.514)	/	2 )	/	22.786	*	365 / 2
=	7.759					/	22.786	*	365 / 2
=	62.14

Bagir Group (LSE:BAGR) 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.

Bagir Group's Inventory Turnover for the six months ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.786	/	7.759
	=	2.94

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.

Bagir Group's Inventory to Revenue for the six months ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.759	/	25.857
	=	0.30

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.

Bagir Group Days Inventory Related Terms

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

Bagir Group (LSE:BAGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bagir Group Ltd (LSE:BAGR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Israel Pollack Road, Kiryat Gat, ISR, 82101

Website

http://www.bagir.com

Bagir Group Ltd is a tailoring provider engaged in developing, manufacturing and marketing of men and women's tailored fashions. The company markets its suits, jackets, and trousers under retail private labels such as GIR Collection, AR-RED, and Jay Godfrey. Its products are marketed under two geographical segments Europe and the United States of America of which the US generates maximum revenue. Its activities in Europe are concentrated in the United Kingdom.

Bagir Group (LSE:BAGR) Headlines

No Headlines