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ASOS (ASOMF) Days Inventory

: 137.90 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). ASOS's Average Total Inventories for the six months ended in Feb. 2024 was $862 Mil. ASOS's Cost of Goods Sold for the six months ended in Feb. 2024 was $1,141 Mil. Hence, ASOS's Days Inventory for the six months ended in Feb. 2024 was 137.90.

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

ASOMF' s Days Inventory Range Over the Past 10 Years
Min: 109.84   Med: 113.9   Max: 161.19
Current: 156.52

During the past 13 years, ASOS's highest Days Inventory was 161.19. The lowest was 109.84. And the median was 113.90.

ASOMF's Days Inventory is ranked worse than
68.17% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 110.2 vs ASOMF: 156.52

ASOS's Days Inventory declined from Feb. 2023 (158.91) to Feb. 2024 (137.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. ASOS's Inventory Turnover for the six months ended in Feb. 2024 was 1.32.

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. ASOS's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.45.


ASOS Days Inventory Historical Data

The historical data trend for ASOS'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.

ASOS Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.26 109.47 112.40 165.14 155.78

ASOS Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 144.69 185.61 158.91 169.41 137.90

Competitive Comparison

For the Internet Retail subindustry, ASOS'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.


ASOS Days Inventory Distribution

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

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



ASOS Days Inventory Calculation

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

ASOS's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (1291.497 + 975.858) / 2 ) / 2656.29*365
=1133.6775 / 2656.29*365
=155.78

ASOS's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (975.858 + 748.106) / 2 ) / 1140.783*365 / 2
=861.982 / 1140.783*365 / 2
=137.90

* 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.


ASOS  (OTCPK:ASOMF) 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.

ASOS's Inventory Turnover for the six months ended in Feb. 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.

ASOS's Inventory to Revenue for the six months ended in Feb. 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.


ASOS Days Inventory Related Terms

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


ASOS (ASOMF) Business Description

Address
Hampstead Road, Greater London House, London, GBR, NW1 7FB
Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).

ASOS (ASOMF) Headlines

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