DLAPQ (Delta Apparel) Days Inventory: 213.24 (As of Mar. 2024)


DLAPQ Delta Apparel Inc DLAPQ
16 GF Score
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What is Delta Apparel Days Inventory?

Delta Apparel DLAPQ -99.00% 16 Days Inventory is 213.24 as of Mar. 2024. GuruFocus rates DLAPQ with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Delta Apparel's Average Total Inventories for the three months ended in Mar. 2024 was $176.6 Mil. Delta Apparel's Cost of Goods Sold for the three months ended in Mar. 2024 was $75.6 Mil. Hence, Delta Apparel's Days Inventory for the three months ended in Mar. 2024 was 213.24.

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

DLAPQ's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.82
* Ranked among companies with meaningful Days Inventory only.

Delta Apparel's Days Inventory declined from Mar. 2023 (243.36) to Mar. 2024 (213.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta Apparel's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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 three months ended in Mar. 2024 was 2.24.


Delta Apparel  (OTCPK:DLAPQ) 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.

Delta Apparel'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.

Delta Apparel'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.


Delta Apparel Days Inventory Related Terms


Delta Apparel Days Inventory Historical Data

* Premium members only.

The historical data trend for Delta Apparel'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.

Delta Apparel Days Inventory Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.46 189.48 167.43 199.11 232.79

Delta Apparel 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 243.36 231.80 246.55 261.95 213.24

DLAPQ vs RL, VFC, LEVI: Days Inventory Comparison

For the Apparel Manufacturing subindustry, Delta Apparel'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.


Delta Apparel Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Delta Apparel's Days Inventory falls into.


DLAPQ
16GF Score
Delta Apparel Inc DLAPQ
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Delta Apparel Days Inventory Calculation

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 fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (248.538 + 212.365) / 2 ) / 361.338*365
=230.4515 / 361.338*365
=232.79

Delta Apparel'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
=( (196.348 + 156.894) / 2 ) / 75.58*365 / 4
=176.621 / 75.58*365 / 4
=213.24

* 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 213.24 mean?
Delta Apparel (DLAPQ) has a Days Inventory of 213.24 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Delta Apparel and its competitors.
Is Delta Apparel's Days Inventory too high?
Delta Apparel's current Days Inventory is 213.24. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.82. Delta Apparel's value of 213.24 is 60.5% above this industry median. Overall, Delta Apparel has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Delta Apparel's Days Inventory compare to RL and VFC?
Delta Apparel's Days Inventory of 213.24 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.82. Delta Apparel's value of 213.24 is 60.5% 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 132.82, based on 1,007 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. Delta Apparel's current Days Inventory of 213.24 is 60.5% 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 Delta Apparel and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Apparel's current Days Inventory is 213.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Apparel stock overvalued right now?
Delta Apparel (DLAPQ) has a current Days Inventory of 213.24. The current Days Inventory is 213.24 and 60.5% above the Manufacturing - Apparel & Accessories industry median of 132.82. Delta Apparel's overall GF Score™ is 16/100. 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 Delta Apparel (DLAPQ), the current Days Inventory is 213.24 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.

Delta Apparel Business Description

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.
16GF Score

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