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Delta Apparel (Delta Apparel) Total Inventories : $196.3 Mil (As of Dec. 2023)


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What is Delta Apparel Total Inventories?

Delta Apparel's total inventories for the quarter that ended in Dec. 2023 was $196.3 Mil. Delta Apparel's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $204.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Delta Apparel's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-22.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delta Apparel's Days Inventory for the three months ended in Dec. 2023 was 261.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta Apparel's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.35.

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. Delta Apparel's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.56.


Delta Apparel Total Inventories Historical Data

The historical data trend for Delta Apparel's Total Inventories 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.

Delta Apparel Total Inventories Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.11 145.52 161.70 248.54 212.37

Delta Apparel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial 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 258.89 243.17 226.20 212.37 196.35

Delta Apparel Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Delta Apparel  (AMEX:DLA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Delta Apparel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.377+0.75 * 32.273+0.5 * 196.348-282.927
-0--0.713)/7.05115
=-22.61

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

Delta Apparel's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=204.3565/71.187*365 / 4
=261.95

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Delta Apparel's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=71.187 / 204.3565
=0.35

4. 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.

Delta Apparel's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=204.3565 / 79.934
=2.56

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Delta Apparel Total Inventories Related Terms

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Delta Apparel (Delta Apparel) Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
Executives
Jeffery Neil Stillwell officer: President, Salt Life Group 24 12TH STREET, COLUMBUS GA 29601
Billy Charles Hardgrave director 2750 PREMIERE PKWY., SUITE 100, DULUTH GA 30097
Glenda E Hood director
David G Whalen director 4 HOLLY LANE, BARRINGTON RI 02806
James Bradley Campbell director 215 MCDANIEL AVENUE, GREENVILLE SC 29601
Nancy P Bubanich officer: VP & Chief Accounting Officer 201 WEST MCBEE AVENUE, SUITE 320, GREENVILLE SC 29601
George Jay Gogue director 322 S. MAIN STREET, GREENVILLE SC 29601
Justin Marshall Grow officer: General Counsel 322 S. MAIN STREET, GREENVILLE SC 29601
Taylor A Alexander Ii director 4080 JENKINS ROAD, CHATTANOOGA TN 31421
Sonya E Medina director P.O. BOX 99900, LOUISVILLE KY 40269
Matthew Joel Miller officer: President, Delta Group 2859 PACES FERRY RD., #2000, ATLANTA GA 30339
Deborah H Merrill officer: VP Chief Accounting Officer 2750 PREMIERE PARKWAY, DULUTH GA 30097
Simone C Walsh officer: VP, CFO & Treasurer 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Encalada Arjona Carlos Enrique officer: V.P. of Manufacturing 322 SOUTH MAIN STREET, GREENVILLE SC 29601
Sandra Lauren Satterfield officer: Deputy GC & Corp. Secretary 2750 PREMIERE PARKWAY, SUITE 100, DULUTH SC 29601

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