Global Fashion Group (XTER:GFG) Days Inventory : 94.16 (As of Dec. 2023)

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What is Global Fashion Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Fashion Group's Average Total Inventories for the six months ended in Dec. 2023 was €123.0 Mil. Global Fashion Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €238.4 Mil. Hence, Global Fashion Group's Days Inventory for the six months ended in Dec. 2023 was 94.16.

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

XTER:GFG' s Days Inventory Range Over the Past 10 Years
Min: 92.54 Med: 103.52 Max: 148.96
Current: 104.39

During the past 8 years, Global Fashion Group's highest Days Inventory was 148.96. The lowest was 92.54. And the median was 103.52.

XTER:GFG's Days Inventory is ranked better than
52.34% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.235 vs XTER:GFG: 104.39

Global Fashion Group's Days Inventory declined from Dec. 2022 (154.72) to Dec. 2023 (94.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Fashion Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.94.

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. Global Fashion Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Global Fashion Group Days Inventory Historical Data

The historical data trend for Global Fashion 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.

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Global Fashion Group Days Inventory Chart

Global Fashion Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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95.10

101.43

148.96

134.37

105.60

Global Fashion Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									242.33	204.58	154.72	113.07	94.16

Competitive Comparison of Global Fashion Group's Days Inventory

For the Apparel Retail subindustry, Global Fashion 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.

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

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

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

Global Fashion Group Days Inventory Calculation

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

Global Fashion Group'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
=	( (170.2	+	110.5)	/	2 )	/	485.1	*	365
=	140.35					/	485.1	*	365
=	105.60

Global Fashion Group'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
=	( (135.5	+	110.5)	/	2 )	/	238.4	*	365 / 2
=	123					/	238.4	*	365 / 2
=	94.16

Global Fashion Group (XTER:GFG) 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.

Global Fashion Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	238.4	/	123
	=	1.94

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.

Global Fashion Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	123	/	415.7
	=	0.30

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.

Global Fashion Group Days Inventory Related Terms

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

Global Fashion Group (XTER:GFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global Fashion Group SA (XTER:GFG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GFGT:Austria

Address

5, Heienhaff, Senningerberg, LUX, L-1736

Website

https://www.global-fashion-group.com

Global Fashion Group SA is an online fashion portal operating under various brands such as The Iconic, Zalora, Dafiti and Lamoda. The business segments of the company include Asia Pacific(APAC), Latin America(LATAM), and the Commonwealth of Independent States(CIS). Majority revenue is generated from ANZ segment; It operates under The Iconic banner in Australia and New Zealand.

Executives

Partan Limited	PCA to Cynthia Gordon, PDMR and Chairperson of the Supervisory Board of Global Fashion Group S.A.
Patrick Schmidt	Co-CEO and member of the management board
Matthew Price	CFO and member of the management board

Global Fashion Group (XTER:GFG) Headlines

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