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Digital Brands Group (Digital Brands Group) Total Inventories : $4.65 Mil (As of Mar. 2024)


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What is Digital Brands Group Total Inventories?

Digital Brands Group's total inventories for the quarter that ended in Mar. 2024 was $4.65 Mil. Digital Brands Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $4.75 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Digital Brands Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-11.14.

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.

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 quarter that ended in Mar. 2024 was 1.33.


Digital Brands Group Total Inventories Historical Data

The historical data trend for Digital Brands Group's Total Inventories 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.

Digital Brands Group Total Inventories Chart

Digital Brands Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
1.06 1.16 2.76 5.12 4.85

Digital Brands Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories 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 4.93 4.77 4.71 4.85 4.65

Digital Brands Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Digital Brands Group  (NAS:DBGI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Digital Brands Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.011+0.75 * 0.334+0.5 * 4.648-21.869
-0-0)/1.73072
=-11.14

2. 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:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=4.749/1.856*365 / 4
=233.48

3. 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 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1.856 / 4.749
=0.39

4. 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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=4.749 / 3.577
=1.33

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Digital Brands Group Total Inventories Related Terms

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Digital Brands Group (Digital Brands Group) Business Description

Traded in Other Exchanges
N/A
Address
1400 Lavaca Street, Austin, TX, USA, 78701
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.
Executives
Drew Jones 10 percent owner 2736 ROUTH STREET, DALLAS TX 75202
Huong Doan director 1400 LAVACA STREET, AUSTIN TX 78701
Trevor Pettennude director 1400 LAVACA STREET, AUSTIN TX 78701
Moise Emquies director 1400 LAVACA STREET, AUSTIN TX 78701
Laura Dowling officer: Chief Marketing Officer 1400 LAVACA STREET, AUSTIN TX 78701
Jameeka Aaron director 1400 LAVACA STREET, AUSTIN TX 78701
Reid William Yeoman officer: Chief Financial Officer 1400 LAVACA STREET, AUSTIN TX 78701
Mark Thomas Lynn director 1400 LAVACA STREET, AUSTIN TX 78791
Davis John Hilburn Iv officer: Pres., CEO 1400 LAVACA STREET, AUSTIN TX 78701