Days Inventory is also known as Days Sales of Inventory (DSI). Weyco Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $77.2 Mil. Weyco Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $40.0 Mil.
Hence, Weyco Group's Days Inventory for the
three
months ended in Dec. 2023 was 176.05.
The historical rank and industry rank for Weyco Group's Days Inventory or its related term are showing as below:
WEYS'
s Days Inventory Range Over the Past 10 Years
Min: 122.22 Med: 156.99 Max: 227.68
Current: 205.44
During the past 13 years, Weyco Group's highest Days Inventory was 227.68. The lowest was 122.22. And the median was 156.99.
Weyco Group's Days Inventory
declined
from Dec. 2022 (206.86) to Dec. 2023 (176.05).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Weyco Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.52.
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.
Weyco Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.96.
Weyco Group Days Inventory Historical Data
The historical data trend for Weyco 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.
Competitive Comparison of Weyco Group's Days Inventory
For the Footwear & Accessories subindustry, Weyco 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.
Weyco Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weyco Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Weyco Group's Days Inventory falls into.
Weyco Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Weyco Group's Days Inventory 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.
Weyco Group (NAS:WEYS) 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.
Weyco Group'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.
Weyco Group'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.
Weyco Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Weyco Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Weyco Group Inc is a company, engaged in the manufacturing, designing and distribution of footwear. The company designs and markets footwear for men, women, and children. The company organizes its business into two segments; the North American wholesale and the North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WEYS has been successfully added to your 