Wickes Group (LSE:WIX) Days Inventory : 79.11 (As of Dec. 2023)

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What is Wickes Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wickes Group's Average Total Inventories for the six months ended in Dec. 2023 was £199 Mil. Wickes Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £458 Mil. Hence, Wickes Group's Days Inventory for the six months ended in Dec. 2023 was 79.11.

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

LSE:WIX' s Days Inventory Range Over the Past 10 Years
Min: 61.66 Med: 70.32 Max: 73.91
Current: 73.7

During the past 6 years, Wickes Group's highest Days Inventory was 73.91. The lowest was 61.66. And the median was 70.32.

LSE:WIX's Days Inventory is ranked better than
65.82% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs LSE:WIX: 73.70

Wickes Group's Days Inventory declined from Dec. 2022 (80.67) to Dec. 2023 (79.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wickes Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.31.

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. Wickes Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.27.

Wickes Group Days Inventory Historical Data

The historical data trend for Wickes 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.

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Wickes Group Days Inventory Chart

Wickes Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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68.79

62.89

61.66

71.84

73.29

Wickes Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					71.22	67.82	80.67	69.42	79.11

Competitive Comparison of Wickes Group's Days Inventory

For the Home Improvement Retail subindustry, Wickes 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.

Wickes Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

Wickes Group Days Inventory Calculation

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

Wickes Group'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
=	( (201.6	+	195.5)	/	2 )	/	988.8	*	365
=	198.55					/	988.8	*	365
=	73.29

Wickes Group'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
=	( (201.9	+	195.5)	/	2 )	/	458.4	*	365 / 2
=	198.7					/	458.4	*	365 / 2
=	79.11

Wickes Group (LSE:WIX) 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.

Wickes Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	458.4	/	198.7
	=	2.31

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.

Wickes Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	198.7	/	726.1
	=	0.27

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.

Wickes Group Days Inventory Related Terms

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

Wickes Group (LSE:WIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (LSE:WIX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WIXl:UK

Address

19 Colonial Way, Vision House, Watford, GBR, WD24 4JL

Website

https://www.wickesplc.co.uk

Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.