GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Foschini Group Ltd (JSE:TFG) » Definitions » Days Inventory

Foschini Group (JSE:TFG) Days Inventory : 169.27 (As of Sep. 2023)


View and export this data going back to 1941. Start your Free Trial

What is Foschini Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Foschini Group's Average Total Inventories for the six months ended in Sep. 2023 was R12,916 Mil. Foschini Group's Cost of Goods Sold for the six months ended in Sep. 2023 was R13,926 Mil. Hence, Foschini Group's Days Inventory for the six months ended in Sep. 2023 was 169.27.

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

JSE:TFG' s Days Inventory Range Over the Past 10 Years
Min: 125.69   Med: 159.36   Max: 176.07
Current: 159.21

During the past 13 years, Foschini Group's highest Days Inventory was 176.07. The lowest was 125.69. And the median was 159.36.

JSE:TFG's Days Inventory is ranked worse than
65.57% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.78 vs JSE:TFG: 159.21

Foschini Group's Days Inventory increased from Sep. 2022 (164.38) to Sep. 2023 (169.27). It might indicate that Foschini Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Foschini Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.08.

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. Foschini Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.49.


Foschini Group Days Inventory Historical Data

The historical data trend for Foschini 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.

Foschini Group Days Inventory Chart

Foschini Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.20 176.07 170.33 144.41 151.79

Foschini Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory 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 Premium Member Only Premium Member Only 158.17 129.43 164.38 152.52 169.27

Competitive Comparison of Foschini Group's Days Inventory

For the Specialty Retail subindustry, Foschini 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.


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

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

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



Foschini Group Days Inventory Calculation

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

Foschini Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (9349.2 + 13074) / 2 ) / 26959.6*365
=11211.6 / 26959.6*365
=151.79

Foschini Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (13074 + 12758.9) / 2 ) / 13926.2*365 / 2
=12916.45 / 13926.2*365 / 2
=169.27

* 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.


Foschini Group  (JSE:TFG) 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.

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

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.

Foschini Group's Inventory to Revenue for the six months ended in Sep. 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.


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.


Foschini Group Days Inventory Related Terms

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


Foschini Group (JSE:TFG) Business Description

Traded in Other Exchanges
Address
340 Voortrekker Road, Stanley Lewis Centre, Parow East, Cape Town, WC, ZAF, 7500
Foschini Group Ltd is a South African fashion retailer. The company offers ladieswear, footwear, accessories, cosmetics and fragrances, kidswear, homewares, sportswear, cellular and jewelry mainly in South Africa, as well as financial services. The Foschini Group portfolio consists of multiple brands, including @home, @homelivingpace, American Swiss, Sterns, Charles and Keith, Colette, DonnaClaire, Phase Eight, Soda Bloc, Duesouth, Exact, Fabiani, The Fix, Foschini, G-star Raw, hi, Markham, Mat and May, and Whistles. The Group consists of four operating segments: TFG Africa retail division, TFG London, TFG Australia, and Credit.

Foschini Group (JSE:TFG) Headlines