What is Digital Brands Group Inventory-to-Revenue?
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. Digital Brands Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $4.75 Mil. Digital Brands Group's Revenue for the
three
months ended in Mar. 2024 was $3.58 Mil.
Digital Brands Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.33.
Digital Brands Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.71) to Dec. 2023 (1.33)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Digital Brands Group's Days Inventory for the
three
months ended in Mar. 2024 was 233.48.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Digital Brands Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.
Digital Brands Group Inventory-to-Revenue Historical Data
The historical data trend for Digital Brands Group's Inventory-to-Revenue 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.
Competitive Comparison of Digital Brands Group's Inventory-to-Revenue
For the Apparel Retail subindustry, Digital Brands Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Digital Brands Group's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Digital Brands Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Digital Brands Group's Inventory-to-Revenue falls into.
Digital Brands Group Inventory-to-Revenue Calculation
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.
Digital Brands Group's Inventory-to-Revenue for the fiscal year that 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.
Digital Brands Group (NAS:DBGI) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Digital Brands Group's Days Inventory for the
three
months ended in Mar. 2024 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.
Digital Brands Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Digital Brands Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Digital Brands Group (Digital Brands Group) Business Description
Digital Brands Group Inc offers a variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company has expanded into an omnichannel brand offering the styles and content not only online but at selected wholesale and retail storefronts. Its brand portfolio consists of Bailey 44, DSTLD, Harper & Jones, Stateside, and Sundry.
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