Articore Group (ASX:ATG) Days Inventory

: 3.73 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Articore Group's Average Total Inventories for the six months ended in Dec. 2023 was A$3.9 Mil. Articore Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$191.6 Mil. Hence, Articore Group's Days Inventory for the six months ended in Dec. 2023 was 3.73.

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

ASX:ATG' s Days Inventory Range Over the Past 10 Years
Min: 0.19 Med: 2.95 Max: 11.94
Current: 6.23

During the past 8 years, Articore Group's highest Days Inventory was 11.94. The lowest was 0.19. And the median was 2.95.

ASX:ATG's Days Inventory is ranked better than
96.91% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.295 vs ASX:ATG: 6.23

Articore Group's Days Inventory increased from Dec. 2022 (3.33) to Dec. 2023 (3.73). It might indicate that Articore Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Articore Group's Inventory Turnover for the six months ended in Dec. 2023 was 48.95.

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. Articore Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Articore Group Days Inventory Historical Data

The historical data trend for Articore 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.

Articore Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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0.19

11.94

5.94

4.97

5.16

Articore Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											2.92	12.25	3.33	13.59	3.73

Competitive Comparison

For the Internet Retail subindustry, Articore 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.

Articore Group Days Inventory Distribution

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

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

Articore Group Days Inventory Calculation

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

Articore Group'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
=	( (4.42	+	3.915)	/	2 )	/	295.049	*	365
=	4.1675					/	295.049	*	365
=	5.16

Articore 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
=	( (3.915	+	0)	/	1 )	/	191.641	*	365 / 2
=	3.915					/	191.641	*	365 / 2
=	3.73

Articore Group (ASX:ATG) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	191.641	/	3.915
	=	48.95

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.915	/	302.732
	=	0.01

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.

Articore Group Days Inventory Related Terms

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

Articore Group (ASX:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Articore Group Ltd (ASX:ATG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RDBBF:USA WAB0:Germany

Address

697 Collins Street, Level 12, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.redbubble.com

Articore Group Ltd is an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The name of the marketplace is Redbubble.com and TeePublic.com. The products are produced and shipped by third-party service providers (i.e. product manufacturers, printers, and shipping companies) referred to as fulfillers. The company's primary geographic markets are Australia, the United States, the United Kingdom, and the rest of the world. The majority of its revenue is derived from the United States.

Articore Group (ASX:ATG) Headlines

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