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Halfords Group (Halfords Group) Days Inventory : 102.84 (As of Sep. 2023)


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What is Halfords Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Halfords Group's Average Total Inventories for the six months ended in Sep. 2023 was $318 Mil. Halfords Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $565 Mil. Hence, Halfords Group's Days Inventory for the six months ended in Sep. 2023 was 102.84.

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

HLFDF' s Days Inventory Range Over the Past 10 Years
Min: 90.93   Med: 115.34   Max: 121.12
Current: 107.09

During the past 13 years, Halfords Group's highest Days Inventory was 121.12. The lowest was 90.93. And the median was 115.34.

HLFDF's Days Inventory is ranked better than
50.94% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.765 vs HLFDF: 107.09

Halfords Group's Days Inventory declined from Sep. 2022 (121.88) to Sep. 2023 (102.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Halfords Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.77.

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. Halfords Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.29.


Halfords Group Days Inventory Historical Data

The historical data trend for Halfords Group'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.

Halfords Group Days Inventory Chart

Halfords Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.19 115.53 85.59 103.19 112.30

Halfords Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 86.41 112.69 121.88 106.51 102.84

Competitive Comparison of Halfords Group's Days Inventory

For the Specialty Retail subindustry, Halfords Group'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.


Halfords Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Halfords Group's Days Inventory falls into.



Halfords Group Days Inventory Calculation

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

Halfords Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (292.622 + 310.922) / 2 ) / 980.825*365
=301.772 / 980.825*365
=112.30

Halfords Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (310.922 + 325.371) / 2 ) / 564.604*365 / 2
=318.1465 / 564.604*365 / 2
=102.84

* 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.


Halfords Group  (OTCPK:HLFDF) 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.

Halfords Group's Inventory Turnover for the six months ended in Sep. 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.

Halfords Group's Inventory to Revenue for the six months ended in Sep. 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.


Halfords Group Days Inventory Related Terms

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


Halfords Group (Halfords Group) Business Description

Traded in Other Exchanges
Address
Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a British retailer of automotive and cycling products. The company also provides repair services. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: retail and auto centers. The retail segment operates retail outlets for its automotive, leisure, and cycling products. The auto centers segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.

Halfords Group (Halfords Group) Headlines