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Geox SpA (FRA:GHH) Days Inventory : 291.71 (As of Dec. 2023)


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What is Geox SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Geox SpA's Average Total Inventories for the six months ended in Dec. 2023 was €290.5 Mil. Geox SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €181.7 Mil. Hence, Geox SpA's Days Inventory for the six months ended in Dec. 2023 was 291.71.

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

FRA:GHH' s Days Inventory Range Over the Past 10 Years
Min: 247.26   Med: 259.06   Max: 333.33
Current: 298.55

During the past 13 years, Geox SpA's highest Days Inventory was 333.33. The lowest was 247.26. And the median was 259.06.

FRA:GHH's Days Inventory is ranked worse than
88.22% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs FRA:GHH: 298.55

Geox SpA's Days Inventory increased from Dec. 2022 (243.58) to Dec. 2023 (291.71). It might indicate that Geox SpA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Geox SpA's Inventory Turnover for the six months ended in Dec. 2023 was 0.63.

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. Geox SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.79.


Geox SpA Days Inventory Historical Data

The historical data trend for Geox SpA'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.

Geox SpA Days Inventory Chart

Geox SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.52 333.33 285.73 250.63 291.04

Geox SpA 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260.04 255.67 243.58 313.43 291.71

Competitive Comparison of Geox SpA's Days Inventory

For the Footwear & Accessories subindustry, Geox SpA'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.


Geox SpA's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Geox SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Geox SpA's Days Inventory falls into.



Geox SpA Days Inventory Calculation

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

Geox SpA'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
=( (290.165 + 275.979) / 2 ) / 355.011*365
=283.072 / 355.011*365
=291.04

Geox SpA'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
=( (305.004 + 275.979) / 2 ) / 181.739*365 / 2
=290.4915 / 181.739*365 / 2
=291.71

* 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.


Geox SpA  (FRA:GHH) 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.

Geox SpA'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.

Geox SpA'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.


Geox SpA Days Inventory Related Terms

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


Geox SpA (FRA:GHH) Business Description

Traded in Other Exchanges
Address
Via Feltrina Centro, 16, Biadene di Montebelluna, Treviso, ITA, 31044
Geox SpA is engaged in the production and sales of footwear and apparel to retail and end-customers under the Geox brand. Due to technological solutions. It also grants distribution rights and the use of the brand name to third parties in the markets where it has no direct presence. The operating segments of the group are based on its products, namely Footwear and Apparel. It derives a majority of the revenue from the Footwear segment which relates to the sale of footwear products. The company has a commercial presence in Italy, Europe, North America, and other countries where its key revenue comes from Europe.

Geox SpA (FRA:GHH) Headlines

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