Days Inventory is also known as Days Sales of Inventory (DSI). Myer Holdings's Average Total Inventories for the
six
months ended in Jan. 2024 was €227 Mil. Myer Holdings's Cost of Goods Sold for the
six
months ended in Jan. 2024 was €500 Mil.
Hence, Myer Holdings's Days Inventory for the
six
months ended in Jan. 2024 was 82.75.
The historical rank and industry rank for Myer Holdings's Days Inventory or its related term are showing as below:
FRA:30M'
s Days Inventory Range Over the Past 10 Years
Min: 85.75 Med: 92.74 Max: 98.69
Current: 92.39
During the past 13 years, Myer Holdings's highest Days Inventory was 98.69. The lowest was 85.75. And the median was 92.74.
FRA:30M's Days Inventory is ranked better than 57.16% of 1069
companies
in the Retail - Cyclical industry
Industry Median: 110.7
vs FRA:30M: 92.39
Myer Holdings's Days Inventory
increased
from Jan. 2023 (80.75) to Jan. 2024 (82.75).
It might indicate that Myer Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Myer Holdings's Inventory Turnover for the
six
months ended in Jan. 2024 was 2.21.
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.
Myer Holdings's Inventory-to-Revenue for the
six
months ended in Jan. 2024 was 0.25.
Myer Holdings Days Inventory Historical Data
The historical data trend for Myer Holdings'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.
Competitive Comparison of Myer Holdings's Days Inventory
For the Department Stores subindustry, Myer Holdings'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.
Myer Holdings's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Myer Holdings's Days Inventory falls into.
Myer Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Myer Holdings's Days Inventory for the fiscal year that ended in Jul. 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.
Myer Holdings (FRA:30M) 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.
Myer Holdings's Inventory Turnover for the
six
months ended in Jan. 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.
Myer Holdings's Inventory to Revenue for the
six
months 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
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.
Myer Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Myer Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:30M has been successfully added to your 