Billabong International (Billabong International) Days Inventory : 140.44 (As of Dec. 2017)

View and export this data going back to 2008. Start your Free Trial

What is Billabong International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Billabong International's Average Total Inventories for the six months ended in Dec. 2017 was $133.9 Mil. Billabong International's Cost of Goods Sold for the six months ended in Dec. 2017 was $174.0 Mil. Hence, Billabong International's Days Inventory for the six months ended in Dec. 2017 was 140.44.

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

BLLAY's Days Inventory is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 110.545
* Ranked among companies with meaningful Days Inventory only.

Billabong International's Days Inventory increased from Dec. 2016 (135.62) to Dec. 2017 (140.44). It might indicate that Billabong International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Billabong International's Inventory Turnover for the six months ended in Dec. 2017 was 1.30.

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. Billabong International's Inventory-to-Revenue for the six months ended in Dec. 2017 was 0.37.

Billabong International Days Inventory Historical Data

The historical data trend for Billabong International'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.

Billabong International Days Inventory Chart

Billabong International Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Days Inventory

Get a 7-Day Free Trial

161.67

147.54

149.53

128.07

130.39

Billabong International Semi-Annual Data
	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Days Inventory	Get a 7-Day Free Trial															140.05	134.01	135.62	135.88	140.44

Competitive Comparison of Billabong International's Days Inventory

For the Apparel Retail subindustry, Billabong International'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.

Billabong International's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Billabong International's Days Inventory falls into.

Billabong International Days Inventory Calculation

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

Billabong International's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

	Days Inventory (A: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (137.347	+	122.777)	/	2 )	/	364.074	*	365
=	130.062					/	364.074	*	365
=	130.39

Billabong International's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

	Days Inventory (Q: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (122.777	+	145.037)	/	2 )	/	174.005	*	365 / 2
=	133.907					/	174.005	*	365 / 2
=	140.44

Billabong International (OTCPK:BLLAY) 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.

Billabong International's Inventory Turnover for the six months ended in Dec. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	174.005	/	133.907
	=	1.30

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.

Billabong International's Inventory to Revenue for the six months ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	133.907	/	364.27
	=	0.37

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.

Billabong International Days Inventory Related Terms

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

Billabong International (Billabong International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Billabong International Ltd (OTCPK:BLLAY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.billabongbiz.com

Billabong International Ltd engages the marketing, distribution, wholesaling and retailing of apparel, accessories, eyewear, wetsuits and hardgoods in the boardsports sector. Billabong's products are licensed and distributed in more than 100 countries and are available in approximately 11,000 stores worldwide. Products are distributed through specialised boardsports retailers and through the company's own-branded retail outlets.

Billabong International (Billabong International) Headlines

From GuruFocus

Boardriders Reaffirms Billabong Acquisition is Best Value for Shareholders

By PRNewswire PRNewswire • 03-23-2018

Boardriders Statement on Billabong Transaction

By PRNewswire PRNewswire • 03-23-2018

Billabong Shareholders Approve Boardriders Acquisition

By PRNewswire PRNewswire • 03-28-2018