Days Inventory is also known as Days Sales of Inventory (DSI). Indigo Books & Music's Average Total Inventories for the
three
months ended in Dec. 2023 was $201.4 Mil. Indigo Books & Music's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $171.2 Mil.
Hence, Indigo Books & Music's Days Inventory for the
three
months ended in Dec. 2023 was 107.39.
The historical rank and industry rank for Indigo Books & Music's Days Inventory or its related term are showing as below:
IDGBF'
s Days Inventory Range Over the Past 10 Years
Min: 141.11 Med: 148.61 Max: 171.42
Current: 171.42
During the past 13 years, Indigo Books & Music's highest Days Inventory was 171.42. The lowest was 141.11. And the median was 148.61.
IDGBF's Days Inventory is ranked worse than 70.23% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 110.2
vs IDGBF: 171.42
Indigo Books & Music's Days Inventory
declined
from Dec. 2022 (125.45) to Dec. 2023 (107.39).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Indigo Books & Music's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.85.
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.
Indigo Books & Music's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.73.
Indigo Books & Music Days Inventory Historical Data
The historical data trend for Indigo Books & Music'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.
Indigo Books & Music Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Days Inventory
154.89
166.63
139.09
144.57
153.63
Indigo Books & Music Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
125.45
210.90
217.20
211.81
107.39
Competitive Comparison
For the Specialty Retail subindustry, Indigo Books & Music'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.
Indigo Books & Music Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Indigo Books & Music's Days Inventory distribution charts can be found below:
* The bar in red indicates where Indigo Books & Music's Days Inventory falls into.
Indigo Books & Music Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Indigo Books & Music's Days Inventory for the fiscal year that ended in Mar. 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.
Indigo Books & Music (OTCPK:IDGBF) 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.
Indigo Books & Music'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.
Indigo Books & Music'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.
Indigo Books & Music Days Inventory Related Terms
Thank you for viewing the detailed overview of Indigo Books & Music's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Indigo Books & Music (Indigo Books & Music) Business Description
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.
Indigo Books & Music (Indigo Books & Music) Headlines
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