Hermes International (Hermes International) Days Inventory

: 220.21 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Hermes International's Average Total Inventories for the six months ended in Dec. 2023 was $2,444 Mil. Hermes International's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,025 Mil. Hence, Hermes International's Days Inventory for the six months ended in Dec. 2023 was 220.21.

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

HESAY' s Days Inventory Range Over the Past 10 Years
Min: 173.83 Med: 200.76 Max: 230.58
Current: 205.2

During the past 13 years, Hermes International's highest Days Inventory was 230.58. The lowest was 173.83. And the median was 200.76.

HESAY's Days Inventory is ranked worse than
77.32% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 110.39 vs HESAY: 205.20

Hermes International's Days Inventory increased from Dec. 2022 (171.70) to Dec. 2023 (220.21). It might indicate that Hermes International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hermes International's Inventory Turnover for the six months ended in Dec. 2023 was 0.83.

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. Hermes International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.33.

Hermes International Days Inventory Historical Data

The historical data trend for Hermes 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.

Hermes International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

182.01

210.64

200.66

179.03

203.21

Hermes International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																195.06	182.15	171.70	187.12	220.21

Competitive Comparison

For the Luxury Goods subindustry, Hermes 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.

Hermes International Days Inventory Distribution

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

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

Hermes International Days Inventory Calculation

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

Hermes International'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
=	( (1884.534	+	2632.497)	/	2 )	/	4056.707	*	365
=	2258.5155					/	4056.707	*	365
=	203.21

Hermes International'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2254.605	+	2632.497)	/	2 )	/	2025.082	*	365 / 2
=	2443.551					/	2025.082	*	365 / 2
=	220.21

Hermes International (OTCPK:HESAY) 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.

Hermes International's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2025.082	/	2443.551
	=	0.83

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.

Hermes International's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2443.551	/	7338.059
	=	0.33

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.

Hermes International Days Inventory Related Terms

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

Hermes International (Hermes International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HESAF:USA RMSp:UK 0HV2:UK RMS:France HMI:Germany

Address

24 rue du Faubourg Saint Honore, Paris, FRA, 75008

Website

https://www.hermes.com

Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.