Truworths International (JSE:TRU) Days Inventory : 72.39 (As of Dec. 2023)

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What is Truworths International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Truworths International's Average Total Inventories for the six months ended in Dec. 2023 was R2,166 Mil. Truworths International's Cost of Goods Sold for the six months ended in Dec. 2023 was R5,461 Mil. Hence, Truworths International's Days Inventory for the six months ended in Dec. 2023 was 72.39.

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

JSE:TRU' s Days Inventory Range Over the Past 10 Years
Min: 65.22 Med: 83.18 Max: 93.18
Current: 79.58

During the past 13 years, Truworths International's highest Days Inventory was 93.18. The lowest was 65.22. And the median was 83.18.

JSE:TRU's Days Inventory is ranked better than
63.52% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs JSE:TRU: 79.58

Truworths International's Days Inventory increased from Dec. 2022 (71.26) to Dec. 2023 (72.39). It might indicate that Truworths International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Truworths International's Inventory Turnover for the six months ended in Dec. 2023 was 2.52.

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. Truworths International's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.18.

Truworths International Days Inventory Historical Data

The historical data trend for Truworths 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.

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Truworths International Days Inventory Chart

Truworths International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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87.19

93.18

85.44

78.43

78.51

Truworths 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	Get a 7-Day Free Trial															69.18	81.41	71.26	90.44	72.39

Competitive Comparison of Truworths International's Days Inventory

For the Apparel Retail subindustry, Truworths 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.

Truworths International's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

Truworths International Days Inventory Calculation

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

Truworths International's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1819	+	2244)	/	2 )	/	9445	*	365
=	2031.5					/	9445	*	365
=	78.51

Truworths 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
=	( (2244	+	2088)	/	2 )	/	5461	*	365 / 2
=	2166					/	5461	*	365 / 2
=	72.39

Truworths International (JSE:TRU) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5461	/	2166
	=	2.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2166	/	11774
	=	0.18

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.

Truworths International Days Inventory Related Terms

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

Truworths International (JSE:TRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Truworths International Ltd (JSE:TRU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TRW:Namibia IUE:Germany

Address

Number 1 Mostert Street, CBD, Cape Town, WC, ZAF, 8001

Website

https://www.truworthsinternational.com

Truworths International Ltd is a clothing and footwear retailer with nearly a thousand stores in Africa and Europe. Its African brands include Truworths, Daniel Hechter, Inwear, Identity, and LTD. Its European brands include Office and Offspring footwear retailers. The company's stores generally sell only proprietary brands, but Office primarily sells global third-party footwear brands. Most of the company's retail locations and sales are in South Africa. Collectively, South Africa and the United Kingdom account for roughly 90% of the company's business. E-commerce sales make up a small portion of total revenue.