MYT Netherlands Parent BV (MYT Netherlands Parent BV) Days Inventory : 267.63 (As of Mar. 2024)

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What is MYT Netherlands Parent BV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MYT Netherlands Parent BV's Average Total Inventories for the three months ended in Mar. 2024 was $421.7 Mil. MYT Netherlands Parent BV's Cost of Goods Sold for the three months ended in Mar. 2024 was $143.8 Mil. Hence, MYT Netherlands Parent BV's Days Inventory for the three months ended in Mar. 2024 was 267.63.

The historical rank and industry rank for MYT Netherlands Parent BV's Days Inventory or its related term are showing as below:

MYTE' s Days Inventory Range Over the Past 10 Years
Min: 199.98 Med: 230.15 Max: 302.66
Current: 302.66

During the past 7 years, MYT Netherlands Parent BV's highest Days Inventory was 302.66. The lowest was 199.98. And the median was 230.15.

MYTE's Days Inventory is ranked worse than
87.94% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs MYTE: 302.66

MYT Netherlands Parent BV's Days Inventory increased from Mar. 2023 (266.06) to Mar. 2024 (267.63). It might indicate that MYT Netherlands Parent BV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MYT Netherlands Parent BV's Inventory Turnover for the three months ended in Mar. 2024 was 0.34.

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. MYT Netherlands Parent BV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.66.

MYT Netherlands Parent BV Days Inventory Historical Data

The historical data trend for MYT Netherlands Parent BV'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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MYT Netherlands Parent BV Days Inventory Chart

MYT Netherlands Parent BV Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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223.23

232.84

227.46

278.98

276.48

MYT Netherlands Parent BV Quarterly Data
	Jun18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															266.06	299.70	314.52	360.83	267.63

Competitive Comparison of MYT Netherlands Parent BV's Days Inventory

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Days Inventory distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Days Inventory falls into.

MYT Netherlands Parent BV Days Inventory Calculation

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

MYT Netherlands Parent BV's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (243.281	+	390.316)	/	2 )	/	418.231	*	365
=	316.7985					/	418.231	*	365
=	276.48

MYT Netherlands Parent BV's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (447.105	+	396.366)	/	2 )	/	143.795	*	365 / 4
=	421.7355					/	143.795	*	365 / 4
=	267.63

MYT Netherlands Parent BV (NYSE:MYTE) 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.

MYT Netherlands Parent BV's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	143.795	/	421.7355
	=	0.34

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.

MYT Netherlands Parent BV's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	421.7355	/	254.235
	=	1.66

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.

MYT Netherlands Parent BV Days Inventory Related Terms

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

MYT Netherlands Parent BV (MYT Netherlands Parent BV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MYT Netherlands Parent BV (NYSE:MYTE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 9, Munich, BY, DEU, 85609

Website

https://www.mytheresa.com

MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.