Days Inventory is also known as Days Sales of Inventory (DSI). Movado Group's Average Total Inventories for the
three
months ended in Jan. 2024 was $160.0 Mil. Movado Group's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $82.8 Mil.
Hence, Movado Group's Days Inventory for the
three
months ended in Jan. 2024 was 176.24.
The historical rank and industry rank for Movado Group's Days Inventory or its related term are showing as below:
MOV'
s Days Inventory Range Over the Past 10 Years
Min: 182.23 Med: 204 Max: 250.65
Current: 213.27
During the past 13 years, Movado Group's highest Days Inventory was 250.65. The lowest was 182.23. And the median was 204.00.
MOV's Days Inventory is ranked worse than 78.63% of 1067
companies
in the Retail - Cyclical industry
Industry Median: 110.39
vs MOV: 213.27
Movado Group's Days Inventory
declined
from Jan. 2023 (215.31) to Jan. 2024 (176.24).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Movado Group's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.52.
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.
Movado Group's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.89.
Movado Group Days Inventory Historical Data
The historical data trend for Movado 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.
Movado Group Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Days Inventory
188.46
250.65
182.23
198.85
201.84
Movado Group Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
215.31
276.67
241.70
188.90
176.24
Competitive Comparison
For the Luxury Goods subindustry, Movado 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.
Movado Group Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Movado Group's Days Inventory falls into.
Movado Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Movado Group's Days Inventory for the fiscal year that ended in Jan. 2024 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.
Movado Group (NYSE:MOV) 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.
Movado Group's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Movado Group's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Movado Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Movado Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
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