Days Inventory is also known as Days Sales of Inventory (DSI). Lindex Group's Average Total Inventories for the
three
months ended in Mar. 2024 was €171.3 Mil. Lindex Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €84.3 Mil.
Hence, Lindex Group's Days Inventory for the
three
months ended in Mar. 2024 was 185.42.
The historical rank and industry rank for Lindex Group's Days Inventory or its related term are showing as below:
FRA:SOMB'
s Days Inventory Range Over the Past 10 Years
Min: 105.49 Med: 130.24 Max: 165.08
Current: 165.08
During the past 13 years, Lindex Group's highest Days Inventory was 165.08. The lowest was 105.49. And the median was 130.24.
FRA:SOMB's Days Inventory is ranked worse than 68.16% of 1071
companies
in the Retail - Cyclical industry
Industry Median: 109.11
vs FRA:SOMB: 165.08
Lindex Group's Days Inventory
declined
from Mar. 2023 (190.10) to Mar. 2024 (185.42).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lindex Group's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.49.
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.
Lindex Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.89.
Lindex Group Days Inventory Historical Data
The historical data trend for Lindex Group'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 Lindex Group's Days Inventory
For the Department Stores subindustry, Lindex Group'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.
Lindex Group's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lindex Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lindex Group's Days Inventory falls into.
Lindex Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lindex Group's Days Inventory for the fiscal year that ended in Dec. 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.
Lindex Group (FRA:SOMB) 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.
Lindex Group'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.
Lindex Group'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.
Lindex Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Lindex Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Stockmann Oyj Abp is a retail trader based in Finland. It sells variants of products and operates under two divisions, which are Lindex and Stockmann. Stockmann has a further classification of Stockmann Retail and Real estate. Stockmann Retail includes non-food department store operations in Finland and non-food and food operations in the Baltic countries. It offers an extensive product range and customer service expertise in an international shopping environment. The Real Estate comprises the properties owned by the Group in Helsinki, St Petersburg, Tallinn, and Riga. The company operates its fashion chains segment through Lindex, which has a wide network of shops and e-commerce businesses throughout the European Union and Norway.
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