Phoenix Footwear Group (Phoenix Footwear Group) Days Inventory : 305.75 (As of Jun. 2023)

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What is Phoenix Footwear Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Phoenix Footwear Group's Average Total Inventories for the three months ended in Jun. 2023 was $9.78 Mil. Phoenix Footwear Group's Cost of Goods Sold for the three months ended in Jun. 2023 was $2.92 Mil. Hence, Phoenix Footwear Group's Days Inventory for the three months ended in Jun. 2023 was 305.75.

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

PXFG' s Days Inventory Range Over the Past 10 Years
Min: 123.74 Med: 175.33 Max: 574.95
Current: 574.95

During the past 13 years, Phoenix Footwear Group's highest Days Inventory was 574.95. The lowest was 123.74. And the median was 175.33.

PXFG's Days Inventory is ranked worse than
96.55% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.52 vs PXFG: 574.95

Phoenix Footwear Group's Days Inventory declined from Jun. 2020 (452.80) to Jun. 2023 (305.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Footwear Group's Inventory Turnover for the three months ended in Jun. 2023 was 0.30.

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. Phoenix Footwear Group's Inventory-to-Revenue for the three months ended in Jun. 2023 was 2.09.

Phoenix Footwear Group Days Inventory Historical Data

The historical data trend for Phoenix Footwear 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.

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Phoenix Footwear Group Days Inventory Chart

Phoenix Footwear Group Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec18

Dec19

Days Inventory

Get a 7-Day Free Trial

304.45

212.70

174.28

194.68

268.94

Phoenix Footwear Group Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar22	Jun22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															452.80	278.34	-	278.49	305.75

Competitive Comparison of Phoenix Footwear Group's Days Inventory

For the Footwear & Accessories subindustry, Phoenix Footwear 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.

Phoenix Footwear Group's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Phoenix Footwear Group Days Inventory Calculation

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

Phoenix Footwear Group's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (8.335	+	8.541)	/	2 )	/	11.452	*	365
=	8.438					/	11.452	*	365
=	268.94

Phoenix Footwear Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (10.041	+	9.52)	/	2 )	/	2.919	*	365 / 4
=	9.7805					/	2.919	*	365 / 4
=	305.75

Phoenix Footwear Group (OTCPK:PXFG) 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.

Phoenix Footwear Group's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.919	/	9.7805
	=	0.30

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.

Phoenix Footwear Group's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.7805	/	4.68
	=	2.09

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.

Phoenix Footwear Group Days Inventory Related Terms

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

Phoenix Footwear Group (Phoenix Footwear Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Phoenix Footwear Group Inc (OTCPK:PXFG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008

Website

https://www.phoenixfootwear.com

Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, SAVA, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.

Executives

Riedman Corp	other: member of 10% group	45 EAST AVENUE ROCHESTER NY 14604
Steven Tannenbaum	10 percent owner	125 COUNTRY CLUB ROAD NEWTON MA 02459
Greenwood Investments, Inc.	10 percent owner	222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Capital Limited Partnership	10 percent owner	222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Investors Limited Partnership	10 percent owner	222 BERKELEY STREET FLOOR 17 BOSTON MA 02116
Gregory W Slack	officer: CFO	2765 LOKER AVENUE WEST CARLSBAD CA 92010
Robby Lee Carter	other: Executive Vice President	303 YARD DRIVE LAKE ST. LOUIS MO 63367
Kevin G Wulff	director	1740 MONROVIA AVENUE COSTA MESA CA 92627
Dennis Nelson	officer: CFO, Secretary and Treasurer	5840 EL CAMINO REAL, SUITE 106, CARLSBAD CA 92008
Cathy B Taylor	director, officer: Chief Executive Officer	5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Paul Douglas Ford	officer: Senior VP of Operations	5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Willie Pfander	director, officer: Senior VP-Sourcing and Develop
Greg Harden	director
Steven Deperrier	director
John C Kratzer	director	PO BOX 116 4806 EL MARLO RANCHO SANTA FE CA 92067

Phoenix Footwear Group (Phoenix Footwear Group) Headlines

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