Allbirds (Allbirds) Days Inventory : 140.81 (As of Dec. 2023)

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What is Allbirds Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Allbirds's Average Total Inventories for the three months ended in Dec. 2023 was $68.8 Mil. Allbirds's Cost of Goods Sold for the three months ended in Dec. 2023 was $44.6 Mil. Hence, Allbirds's Days Inventory for the three months ended in Dec. 2023 was 140.81.

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

BIRD' s Days Inventory Range Over the Past 10 Years
Min: 170.6 Med: 212.62 Max: 242.78
Current: 222.57

During the past 5 years, Allbirds's highest Days Inventory was 242.78. The lowest was 170.60. And the median was 212.62.

BIRD's Days Inventory is ranked worse than
80.81% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.945 vs BIRD: 222.57

Allbirds's Days Inventory declined from Dec. 2022 (231.83) to Dec. 2023 (140.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Allbirds's Inventory Turnover for the three months ended in Dec. 2023 was 0.65.

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. Allbirds's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.96.

Allbirds Days Inventory Historical Data

The historical data trend for Allbirds'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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Allbirds Days Inventory Chart

Allbirds Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

170.60

177.35

231.73

242.78

212.62

Allbirds Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											231.83	317.33	228.90	243.68	140.81

Competitive Comparison of Allbirds's Days Inventory

For the Apparel Retail subindustry, Allbirds'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.

Allbirds's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

Allbirds Days Inventory Calculation

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

Allbirds'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
=	( (116.796	+	57.763)	/	2 )	/	149.833	*	365
=	87.2795					/	149.833	*	365
=	212.62

Allbirds'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (79.933	+	57.763)	/	2 )	/	44.615	*	365 / 4
=	68.848					/	44.615	*	365 / 4
=	140.81

Allbirds (NAS:BIRD) 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.

Allbirds's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.615	/	68.848
	=	0.65

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.

Allbirds's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.848	/	71.99
	=	0.96

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.

Allbirds Days Inventory Related Terms

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

Allbirds (Allbirds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Allbirds Inc (NAS:BIRD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Montgomery Street, San Francisco, CA, USA, 94111

Website

https://www.allbirds.com

Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.

Executives

Joseph Vernachio	officer: Chief Operating Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Ann Mitchell	officer: Chief Financial Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Dan Levitan	director, 10 percent owner	505 FIFTH AVE S, STE 600, SEATTLE WA 98104
Michael J Bufano	officer: Chief Financial Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Joseph Zwillinger	director, 10 percent owner, officer: Co-Chief Executive Officer	C/O BIG SKY GROWTH PARTNERS, INC., 1201 WESTERN AVENUE, SUITE 406, SEATTLE WA 98101
Ann Freeman	director	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Timothy O. Brown	director, 10 percent owner, officer: Co-Chief Executive Officer	C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Sachs International Goldman	10 percent owner	PLUMTREE COURT, 25 SHOE LANE, LONDON X0 EC4A 4AU
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Maveron Equity Partners V, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron General Partner V, Llc	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron V Entrepreneurs' Fund, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Mep Associates V, L.p.	10 percent owner	411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Neil Harris Blumenthal	director	C/O WARBY PARKER INC., 233 SPRING STREET, 6TH FLOOR, NEW YORK NY 10013