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Rocky Brands (Rocky Brands) Days Inventory

: 220.74 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Rocky Brands's Average Total Inventories for the three months ended in Dec. 2023 was $182.0 Mil. Rocky Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $75.2 Mil. Hence, Rocky Brands's Days Inventory for the three months ended in Dec. 2023 was 220.74.

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

RCKY' s Days Inventory Range Over the Past 10 Years
Min: 142.66   Med: 160.6   Max: 268.51
Current: 268.51

During the past 13 years, Rocky Brands's highest Days Inventory was 268.51. The lowest was 142.66. And the median was 160.60.

RCKY's Days Inventory is ranked worse than
84.49% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs RCKY: 268.51

Rocky Brands's Days Inventory declined from Dec. 2022 (277.74) to Dec. 2023 (220.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rocky Brands's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. Rocky Brands's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.44.


Rocky Brands Days Inventory Historical Data

The historical data trend for Rocky Brands'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.

Rocky Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 158.02 163.18 176.99 218.79 260.70

Rocky Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 277.74 314.40 324.29 238.33 220.74

Competitive Comparison

For the Footwear & Accessories subindustry, Rocky Brands'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.


Rocky Brands Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rocky Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rocky Brands's Days Inventory falls into.



Rocky Brands Days Inventory Calculation

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

Rocky Brands'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
=( (235.4 + 169.201) / 2 ) / 283.235*365
=202.3005 / 283.235*365
=260.70

Rocky Brands'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (194.734 + 169.201) / 2 ) / 75.223*365 / 4
=181.9675 / 75.223*365 / 4
=220.74

* 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.


Rocky Brands  (NAS:RCKY) 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.

Rocky Brands's Inventory Turnover for the three months ended in Dec. 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.

Rocky Brands's Inventory to Revenue for the three months 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.


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.


Rocky Brands Days Inventory Related Terms

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


Rocky Brands (Rocky Brands) Business Description

Traded in Other Exchanges
Address
39 East Canal Street, Nelsonville, OH, USA, 45764
Rocky Brands Inc acts as a designer, manufacturer, and marketer of premium-quality footwear and apparel. The company's family of brands includes Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation, and the licensed brand Michelin footwear. The company operates its business through three business segments: Wholesale, Retail and Contract. It generates majority of the revenue from Wholesale segment.
Executives
Mike Brooks director, officer: Chairman, President and CEO 39 E CANAL ST, NELSONVILLE OH 45764
Curtis A Loveland director, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Moore Robert Burton Jr. director 39 E. CANAL ST., NELSONVILLE OH 45764
Haning G Courtney director 110 N. MAIN ST., NEW LEXINGTON OH 43764
Michael L Finn director 2555 INTERNATIONAL STREET, COLUMBUS OH 43221
Dwight Eric Smith director 518 EAST BROAD STREET, COLUMBUS OH 43215
Sarah E O'connor officer: SVP, CFO and Treasurer 39 EAST CANAL STREET, NELSONVILLE OH 45764
Jason Brooks officer: President-US Wholesale Sales 39 E. CANAL ST., NELSONVILLE OH 45764
Thomas D. Robertson officer: Chief Financial Officer 39 E. CANAL ST., NELSONVILLE OH 45764
James L Stewart director 39 EAST CANAL ST, NELSONVILLE OH 45764
Robyn R. Hahn director 39 E. CANAL ST., NELSONVILLE OH 45764
William L Jordan director 810 DSW DRIVE, COLUMBUS OH 43219
Byron Wortham officer: Pres CoreBrndSalesMktg&ProdDev 39 E. CANAL ST., NELSONVILLE OH 45764
Tracie A. Winbigler director 39 E. CANAL ST., NELSONVILLE OH 45764
Richard Simms officer: President-Retail Sales 39 E. CANAL ST., NELSONVILLE OH 45764

Rocky Brands (Rocky Brands) Headlines