G-III Apparel Group's total inventories for the quarter that ended in Jan. 2024 was $520 Mil. G-III Apparel Group's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $556 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. G-III Apparel Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $1.29.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
G-III Apparel Group's Days Inventory for the
three
months ended in Jan. 2024 was 105.08.
Inventory Turnover measures how fast the company turns over its inventory within a year.
G-III Apparel Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.87.
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.
G-III Apparel Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.73.
G-III Apparel Group Total Inventories Historical Data
The historical data trend for G-III Apparel Group'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.
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.
G-III Apparel Group (NAS:GIII) 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.
G-III Apparel Group's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is
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.
G-III Apparel Group's Inventory to Revenue for the quarter that ended in Jan. 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
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.
G-III Apparel Group Total Inventories Related Terms
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G-III Apparel Group (G-III Apparel Group) Business Description
G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.
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