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The Dixie Group (The Dixie Group) Days Inventory

: 146.46 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). The Dixie Group's Average Total Inventories for the three months ended in Dec. 2023 was $78.1 Mil. The Dixie Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $48.6 Mil. Hence, The Dixie Group's Days Inventory for the three months ended in Dec. 2023 was 146.46.

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

DXYN' s Days Inventory Range Over the Past 10 Years
Min: 104.14   Med: 126.08   Max: 154.09
Current: 145.19

During the past 13 years, The Dixie Group's highest Days Inventory was 154.09. The lowest was 104.14. And the median was 126.08.

DXYN's Days Inventory is ranked worse than
54.84% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs DXYN: 145.19

The Dixie Group's Days Inventory increased from Dec. 2022 (133.54) to Dec. 2023 (146.46). It might indicate that The Dixie Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Dixie Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. The Dixie Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.17.


The Dixie Group Days Inventory Historical Data

The historical data trend for The Dixie 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.

The Dixie Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.02 154.09 104.14 121.53 144.14

The Dixie Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.54 155.03 137.00 144.22 146.46

Competitive Comparison

For the Textile Manufacturing subindustry, The Dixie 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.


The Dixie Group Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, The Dixie Group's Days Inventory distribution charts can be found below:

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



The Dixie Group Days Inventory Calculation

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

The Dixie 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
=( (83.699 + 76.211) / 2 ) / 202.464*365
=79.955 / 202.464*365
=144.14

The Dixie 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (79.94 + 76.211) / 2 ) / 48.643*365 / 4
=78.0755 / 48.643*365 / 4
=146.46

* 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.


The Dixie Group  (NAS:DXYN) 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.

The Dixie Group's Inventory Turnover for the three months ended in Dec. 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.

The Dixie Group's Inventory to Revenue for the three months ended in Dec. 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.


The Dixie Group Days Inventory Related Terms

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


The Dixie Group (The Dixie Group) Business Description

Traded in Other Exchanges
Address
475 Reed Road, Dalton, GA, USA, 30720
The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality.
Executives
Lowry F Kline director PO BOX 2007, DALTON GA 30722
Allen L Danzey officer: Chief Financial Officer PO BOX 2007, DALTON GA 30722-2007
Frierson Daniel K Jr officer: President, Masland Residential PO BOX 2007, DALTON GA 30722
Jon A Faulkner officer: VP Planning & Development PO BOX 2007, DALTON GA 30722
Daniel K Frierson director, 10 percent owner, officer: Chairman of the Board & CEO PO BOX 2007, DALTON GA 30722
W Derek Davis officer: VP - Human Resources PO BOX 2007, DALTON GA 30722
Murrey John W Iii director 4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Thomas Martin Nuckols officer: Executive Vice President 475 REED ROAD, DALTON GA 30720
Blue William F Jr director PO BOX 2007, DALTON GA 30722
David E Hobbs officer: VP - Pres Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571
Paul B Comiskey officer: Vice Pres/President Dixie Home PO BOX 2007, DALTON GA 30722
D Eugene Lasater officer: Controller 2208 S. HAMILTON STREET, DALTON GA 30721
Starr T Klein officer: Secretary PO BOX 25107, CHATTANOOGA TN 37422-5107
Michael L. Owens director PO BOX 2007, DALTON GA 30722
Vinson Lee Martin officer: VP-President Masland Contract 716 BILL MYLES DRIVE, SARALAND AL 36571