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Angling Direct (LSE:ANG) Days Inventory : 122.62 (As of Jul. 2023)


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What is Angling Direct Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Angling Direct's Average Total Inventories for the six months ended in Jul. 2023 was £18.91 Mil. Angling Direct's Cost of Goods Sold for the six months ended in Jul. 2023 was £28.15 Mil. Hence, Angling Direct's Days Inventory for the six months ended in Jul. 2023 was 122.62.

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

LSE:ANG' s Days Inventory Range Over the Past 10 Years
Min: 100.19   Med: 108.55   Max: 150.43
Current: 132.12

During the past 9 years, Angling Direct's highest Days Inventory was 150.43. The lowest was 100.19. And the median was 108.55.

LSE:ANG's Days Inventory is ranked worse than
58.24% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs LSE:ANG: 132.12

Angling Direct's Days Inventory increased from Jul. 2022 (121.32) to Jul. 2023 (122.62). It might indicate that Angling Direct's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Angling Direct's Inventory Turnover for the six months ended in Jul. 2023 was 1.49.

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. Angling Direct's Inventory-to-Revenue for the six months ended in Jul. 2023 was 0.44.


Angling Direct Days Inventory Historical Data

The historical data trend for Angling Direct'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.

Angling Direct Days Inventory Chart

Angling Direct Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 104.66 113.69 106.46 114.42 128.77

Angling Direct Semi-Annual Data
Jan15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 107.14 133.67 121.32 141.23 122.62

Competitive Comparison of Angling Direct's Days Inventory

For the Specialty Retail subindustry, Angling Direct'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.


Angling Direct's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Angling Direct's Days Inventory falls into.



Angling Direct Days Inventory Calculation

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

Angling Direct's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

Days Inventory (A: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (16.273 + 17.813) / 2 ) / 48.307*365
=17.043 / 48.307*365
=128.77

Angling Direct's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

Days Inventory (Q: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2023 ) + Total Inventories (Q: Jul. 2023 )) / count ) / Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=( (17.813 + 20.013) / 2 ) / 28.149*365 / 2
=18.913 / 28.149*365 / 2
=122.62

* 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.


Angling Direct  (LSE:ANG) 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.

Angling Direct's Inventory Turnover for the six months ended in Jul. 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.

Angling Direct's Inventory to Revenue for the six months ended in Jul. 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.


Angling Direct Days Inventory Related Terms

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


Angling Direct (LSE:ANG) Business Description

Traded in Other Exchanges
N/A
Address
2D Wendover Road, Rackheath Industrial Estate, Rackheath, Norwich, Norfolk, GBR, NR13 6LH
Angling Direct PLC is a United Kingdom-based fishing tackle retailer company. The company is engaged in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. The company operates into two operating segments: Stores and Online. The company derives revenue from Retail store sales and E-commerce and also sells baits, additives, sunglasses, waders, boots, seat box accessories, buckets, rod pods, nets, indicators, reels, umbrellas, and other products and services. The company operates in the UK.

Angling Direct (LSE:ANG) Headlines

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