SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'DaysInventory'
SWGAY (The Swatch Group AG) Days Inventory
Days Inventory is also known as Days Sales of Inventory (DSI). The Swatch Group AG's Average Total Inventories for the
six
months ended in Dec. 2023 was $8,217 Mil. The Swatch Group AG's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $1,142 Mil.
Hence, The Swatch Group AG's Days Inventory for the
six
months ended in Dec. 2023 was 1,312.58.
The historical rank and industry rank for The Swatch Group AG's Days Inventory or its related term are showing as below:
SWGAY'
s Days Inventory Range Over the Past 10 Years
Min: 966.39 Med: 1285.73 Max: 1669.81
Current: 1669.81
During the past 13 years, The Swatch Group AG's highest Days Inventory was 1669.81. The lowest was 966.39. And the median was 1285.73.
SWGAY's Days Inventory is ranked worse than 98.4% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 110.2
vs SWGAY: 1669.81
The Swatch Group AG's Days Inventory
increased
from Dec. 2022 (1,213.26) to Dec. 2023 (1,312.58).
It might indicate that The Swatch Group AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Swatch Group AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.14.
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.
The Swatch Group AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 1.84.
The Swatch Group AG Days Inventory Historical Data
The historical data trend for The Swatch Group AG'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.
For the Luxury Goods subindustry, The Swatch Group AG'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.
The Swatch Group AG Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Swatch Group AG's Days Inventory falls into.
The Swatch Group AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Swatch Group AG'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.
The Swatch Group AG (OTCPK:SWGAY) 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.
The Swatch Group AG's Inventory Turnover for the
six
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.
The Swatch Group AG's Inventory to Revenue for the
six
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.
The Swatch Group AG Days Inventory Related Terms
Thank you for viewing the detailed overview of The Swatch Group AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Swatch Group AG (The Swatch Group AG) Business Description
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.
The Swatch Group AG (The Swatch Group AG) Headlines
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