GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Spectrum Group International Inc (OTCPK:SPGZ) » Definitions » Days Inventory

Spectrum Group International (Spectrum Group International) Days Inventory : 11.52 (As of Dec. 2013)


View and export this data going back to 1993. Start your Free Trial

What is Spectrum Group International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Spectrum Group International's Average Total Inventories for the three months ended in Dec. 2013 was $189 Mil. Spectrum Group International's Cost of Goods Sold for the three months ended in Dec. 2013 was $1,498 Mil. Hence, Spectrum Group International's Days Inventory for the three months ended in Dec. 2013 was 11.52.

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

SPGZ's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 109.96
* Ranked among companies with meaningful Days Inventory only.

Spectrum Group International's Days Inventory increased from Dec. 2012 (8.73) to Dec. 2013 (11.52). It might indicate that Spectrum Group International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectrum Group International's Inventory Turnover for the three months ended in Dec. 2013 was 7.92.

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. Spectrum Group International's Inventory-to-Revenue for the three months ended in Dec. 2013 was 0.13.


Spectrum Group International Days Inventory Historical Data

The historical data trend for Spectrum Group 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.

* Premium members only.

Spectrum Group International Days Inventory Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.66 7.75 8.28 8.09 8.76

Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 8.73 6.86 6.92 11.51 11.52

Competitive Comparison of Spectrum Group International's Days Inventory

For the Specialty Retail subindustry, Spectrum Group 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.


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

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

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



Spectrum Group International Days Inventory Calculation

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

Spectrum Group International's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

Days Inventory (A: Jun. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count ) / Cost of Goods Sold (A: Jun. 2013 )*Days in Period
=( (164.78 + 188.253) / 2 ) / 7355.18*365
=176.5165 / 7355.18*365
=8.76

Spectrum Group International's Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory (Q: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2013 ) + Total Inventories (Q: Dec. 2013 )) / count ) / Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=( (195.733 + 182.63) / 2 ) / 1498.108*365 / 4
=189.1815 / 1498.108*365 / 4
=11.52

* 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.


Spectrum Group International  (OTCPK:SPGZ) 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.

Spectrum Group International's Inventory Turnover for the three months ended in Dec. 2013 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.

Spectrum Group International's Inventory to Revenue for the three months ended in Dec. 2013 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.


Spectrum Group International Days Inventory Related Terms

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


Spectrum Group International (Spectrum Group International) Business Description

Traded in Other Exchanges
N/A
Address
1063 McGaw, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.The Trading segment operates through A-Mar.
Executives
Gregory N Roberts director, 10 percent owner, officer: President and CEO 2625 ST ANDREWS, TUSTIN CA 92660
Carol Meltzer officer: General Counsel and EVP 775 PASSAIC AVE, WEST CALDWELL NJ 07006
Jeffrey D Benjamin director 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
William A Richardson 10 percent owner 2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
William Montgomery director 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Joel R Anderson director 202 NORTH COURT STREET, FLORENCE AL 35630
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Jess M Ravich director 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Silver Bow Ventures Llc 10 percent owner C/O SPECTRUM GROUP INTERNATIONAL, 1063 MCGAW, IRVINE CA 92614
Moorhead John director 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Nolan Christopher William Sr director 15 TILGHMAN DRIVE, WAYNE NJ 07470
Thor Gjerdrum officer: Chief Financial Officer & EVP 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Mark B Segall director 251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Matthew M Walsh officer: CFO AND EXE. V.P. ALLERGAN, 5 GIRALDA FARMS, MADISON NJ 07940

Spectrum Group International (Spectrum Group International) Headlines

No Headlines