Delta Apparel (FRA:DA7) Days Inventory : 212.85 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Delta Apparel Days Inventory?

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 €162.2 Mil. Delta Apparel's Cost of Goods Sold for the three months ended in Mar. 2024 was €69.5 Mil. Hence, Delta Apparel's Days Inventory for the three months ended in Mar. 2024 was 212.85.

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

FRA:DA7' s Days Inventory Range Over the Past 10 Years
Min: 157.08 Med: 187.97 Max: 244.94
Current: 244.94

During the past 13 years, Delta Apparel's highest Days Inventory was 244.94. The lowest was 157.08. And the median was 187.97.

FRA:DA7's Days Inventory is ranked worse than
80.89% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs FRA:DA7: 244.94

Delta Apparel's Days Inventory declined from Mar. 2023 (244.70) to Mar. 2024 (212.85).

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 2.23.

Delta Apparel Days Inventory Historical Data

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.

* Premium members only.

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

181.28

196.75

167.34

186.68

242.57

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															244.70	233.23	244.65	264.92	212.85

Competitive Comparison of Delta Apparel's Days Inventory

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's Days Inventory Distribution in the 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.

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
=	( (251.023	+	198.986)	/	2 )	/	338.574	*	365
=	225.0045					/	338.574	*	365
=	242.57

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
=	( (180.051	+	144.342)	/	2 )	/	69.533	*	365 / 4
=	162.1965					/	69.533	*	365 / 4
=	212.85

Delta Apparel (FRA:DA7) 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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	69.533	/	162.1965
	=	0.43

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	162.1965	/	72.621
	=	2.23

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

Thank you for viewing the detailed overview of Delta Apparel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Delta Apparel (FRA:DA7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Apparel Inc (FRA:DA7) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DLA:USA

Address

2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097

Website

https://www.deltaapparelinc.com

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.

Delta Apparel (FRA:DA7) Headlines

No Headlines