IG Design Group (LSE:IGR) Days Inventory : 111.59 (As of Sep. 2023)

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What is IG Design Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IG Design Group's Average Total Inventories for the six months ended in Sep. 2023 was £173.4 Mil. IG Design Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £283.7 Mil. Hence, IG Design Group's Days Inventory for the six months ended in Sep. 2023 was 111.59.

The historical rank and industry rank for IG Design Group's Days Inventory or its related term are showing as below:

LSE:IGR' s Days Inventory Range Over the Past 10 Years
Min: 59.58 Med: 86.9 Max: 128.3
Current: 128.3

During the past 13 years, IG Design Group's highest Days Inventory was 128.30. The lowest was 59.58. And the median was 86.90.

LSE:IGR's Days Inventory is ranked worse than
56.38% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.78 vs LSE:IGR: 128.30

IG Design Group's Days Inventory increased from Sep. 2022 (97.27) to Sep. 2023 (111.59). It might indicate that IG Design Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IG Design Group's Inventory Turnover for the six months ended in Sep. 2023 was 1.64.

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. IG Design Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.48.

IG Design Group Days Inventory Historical Data

The historical data trend for IG Design 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.

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IG Design Group Days Inventory Chart

IG Design Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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59.58

87.57

92.85

86.22

100.83

IG Design Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															97.80	100.12	97.27	138.05	111.59

Competitive Comparison of IG Design Group's Days Inventory

For the Specialty Retail subindustry, IG Design 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.

IG Design Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, IG Design Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where IG Design Group's Days Inventory falls into.

IG Design Group Days Inventory Calculation

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

IG Design Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (175.242	+	170.095)	/	2 )	/	625.061	*	365
=	172.6685					/	625.061	*	365
=	100.83

IG Design Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (170.095	+	176.786)	/	2 )	/	283.663	*	365 / 2
=	173.4405					/	283.663	*	365 / 2
=	111.59

IG Design Group (LSE:IGR) 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.

IG Design Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	283.663	/	173.4405
	=	1.64

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.

IG Design Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	173.4405	/	358.792
	=	0.48

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.

IG Design Group Days Inventory Related Terms

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

IG Design Group (LSE:IGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IG Design Group PLC (LSE:IGR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IGR.GB:UK

Address

Howard Way, Howard House, Interchange Park, Newport Pagnell, GBR, MK16 9PX

Website

https://www.thedesigngroup.com

IG Design Group PLC is a UK-based company that operates in a single segment of design, manufacture, and distribution of Celebrations, Craft and creative play, Stationery, Gifting, and 'Not-for-resale' consumable products. Its Celebrations products are greetings cards, gift wrap, Christmas crackers, gift bags, and partyware. Gifting items include food and non-food gifts, photo Frames and Albums, and Calendars. Its Craft product ranges include Ribbons and Trim, Sewing Patterns, Buttons, Needlecrafts, and Kids Craft lines. The not-For-resale category includes Paper Twist Handle Bags and Polaris. It operates in two geographical segments: DG Americas, which includes overseas operations; and DG International, which consists of the UK and associated Asian operations, Europe, and Australia.