Generation Next Fashions (DHA:GENNEXT) Days Inventory: 241.98 (As of Mar. 2024)

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DHA:GENNEXT Generation Next Fashions Ltd DHA:GENNEXT
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What is Generation Next Fashions Days Inventory?

Generation Next Fashions DHA:GENNEXT -3.13% 5 Days Inventory is 241.98 as of Mar. 2024. GuruFocus rates DHA:GENNEXT with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Generation Next Fashions's Average Total Inventories for the three months ended in Mar. 2024 was BDT2,973 Mil. Generation Next Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,121 Mil. Hence, Generation Next Fashions's Days Inventory for the three months ended in Mar. 2024 was 241.98.

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

DHA:GENNEXT's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.61
* Ranked among companies with meaningful Days Inventory only.

Generation Next Fashions's Days Inventory increased from Mar. 2023 (153.53) to Mar. 2024 (241.98). It might indicate that Generation Next Fashions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Generation Next Fashions's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

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. Generation Next Fashions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.27.


Generation Next Fashions  (DHA:GENNEXT) 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.

Generation Next Fashions's Inventory Turnover for the three months ended in Mar. 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.

Generation Next Fashions's Inventory to Revenue for the three months ended in Mar. 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.


Generation Next Fashions Days Inventory Related Terms


Generation Next Fashions Days Inventory Historical Data

* Premium members only.

The historical data trend for Generation Next Fashions'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.

Generation Next Fashions Days Inventory Chart

Generation Next Fashions Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.88 304.59 415.99 294.14 204.36

Generation Next Fashions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory 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 153.53 328.19 438.47 303.39 241.98

DHA:GENNEXT vs RL, LEVI, VFC: Days Inventory Comparison

For the Apparel Manufacturing subindustry, Generation Next Fashions'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.


Generation Next Fashions Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Generation Next Fashions's Days Inventory falls into.


DHA:GENNEXT
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Generation Next Fashions Ltd DHA:GENNEXT
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Generation Next Fashions Days Inventory Calculation

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

Generation Next Fashions's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2878.82 + 2952.11) / 2 ) / 5207.23*365
=2915.465 / 5207.23*365
=204.36

Generation Next Fashions's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2961.899 + 2983.864) / 2 ) / 1121.063*365 / 4
=2972.8815 / 1121.063*365 / 4
=241.98

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 241.98 mean?
Generation Next Fashions (DHA:GENNEXT) has a Days Inventory of 241.98 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Generation Next Fashions and its competitors.
Is Generation Next Fashions' Days Inventory too high?
Generation Next Fashions' current Days Inventory is 241.98. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Generation Next Fashions' value of 241.98 is 82.5% above this industry median. Overall, Generation Next Fashions has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Generation Next Fashions' Days Inventory compare to RL and LEVI?
Generation Next Fashions' Days Inventory of 241.98 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.61. Generation Next Fashions' value of 241.98 is 82.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Generation Next Fashions's current Days Inventory of 241.98 is 82.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Generation Next Fashions and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Next Fashions's current Days Inventory is 241.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Next Fashions stock overvalued right now?
Generation Next Fashions (DHA:GENNEXT) has a current Days Inventory of 241.98. The current Days Inventory is 241.98 and 82.5% above the Manufacturing - Apparel & Accessories industry median of 132.61. Generation Next Fashions' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Generation Next Fashions (DHA:GENNEXT), the current Days Inventory is 241.98 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Generation Next Fashions Business Description

Address Building No. 348, Road No. 5, DOHS Baridhara, Dhaka, BGD, 1206
Generation Next Fashions Ltd is a textile and apparel company. The company is engaged in the knitting, dying, and manufacturing of textiles and readymade garments. The company offers wearable goods for Men, Women, and Kids. It offers products such as T-shirts, trousers, hoodies, jackets, nightwear, and others.
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