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Wolford AG (WBO:WOL) Days Inventory

: 1,007.08 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Wolford AG's Average Total Inventories for the six months ended in Jun. 2023 was €39.2 Mil. Wolford AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €7.1 Mil. Hence, Wolford AG's Days Inventory for the six months ended in Jun. 2023 was 1,007.08.

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

WBO:WOL' s Days Inventory Range Over the Past 10 Years
Min: 495.97   Med: 558.13   Max: 717.73
Current: 582.75

During the past 13 years, Wolford AG's highest Days Inventory was 717.73. The lowest was 495.97. And the median was 558.13.

WBO:WOL's Days Inventory is ranked worse than
96.94% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs WBO:WOL: 582.75

Wolford AG's Days Inventory increased from Jun. 2022 (809.34) to Jun. 2023 (1,007.08). It might indicate that Wolford AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wolford AG's Inventory Turnover for the six months ended in Jun. 2023 was 0.18.

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. Wolford AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.67.


Wolford AG Days Inventory Historical Data

The historical data trend for Wolford AG'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.

Wolford AG Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 583.58 542.46 589.86 570.28 495.97

Wolford AG Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Jun21 Dec21 Jun22 Dec22 Jun23
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 755.44 465.57 809.34 394.36 1,007.08

Competitive Comparison

For the Apparel Manufacturing subindustry, Wolford AG'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.


Wolford AG Days Inventory Distribution

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

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



Wolford AG Days Inventory Calculation

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

Wolford AG's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (30.874 + 36.371) / 2 ) / 24.744*365
=33.6225 / 24.744*365
=495.97

Wolford AG'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: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (36.371 + 41.988) / 2 ) / 7.1*365 / 2
=39.1795 / 7.1*365 / 2
=1,007.08

* 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.


Wolford AG  (WBO:WOL) 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.

Wolford AG's Inventory Turnover for the six months ended in Jun. 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.

Wolford AG's Inventory to Revenue for the six months ended in Jun. 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.


Wolford AG Days Inventory Related Terms

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


Wolford AG (WBO:WOL) Business Description

Traded in Other Exchanges
Address
Wolfordstrasse 1, Bregenz, AUT, 6900
Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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