Birkenstock Holding (MEX:BIRK) Days Inventory : 242.17 (As of Jun. 2024)

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What is Birkenstock Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Birkenstock Holding's Average Total Inventories for the three months ended in Jun. 2024 was MXN11,976 Mil. Birkenstock Holding's Cost of Goods Sold for the three months ended in Jun. 2024 was MXN4,513 Mil. Hence, Birkenstock Holding's Days Inventory for the three months ended in Jun. 2024 was 242.17.

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

MEX:BIRK' s Days Inventory Range Over the Past 10 Years
Min: 164.98 Med: 301.14 Max: 356.25
Current: 327.85

During the past 4 years, Birkenstock Holding's highest Days Inventory was 356.25. The lowest was 164.98. And the median was 301.14.

MEX:BIRK's Days Inventory is ranked worse than
89.74% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.745 vs MEX:BIRK: 327.85

Birkenstock Holding's Days Inventory declined from Jun. 2023 (297.98) to Jun. 2024 (242.17).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Birkenstock Holding's Inventory Turnover for the three months ended in Jun. 2024 was 0.38.

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. Birkenstock Holding's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.08.

Birkenstock Holding Days Inventory Historical Data

The historical data trend for Birkenstock Holding'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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Birkenstock Holding Days Inventory Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Days Inventory

164.98

257.17

359.77

376.82

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial							297.98	410.60	480.00	284.97	242.17

Competitive Comparison of Birkenstock Holding's Days Inventory

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Birkenstock Holding's Days Inventory falls into.

Birkenstock Holding Days Inventory Calculation

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

Birkenstock Holding'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
=	( (10667.024	+	11062.803)	/	2 )	/	10524.174	*	365
=	10864.9135					/	10524.174	*	365
=	376.82

Birkenstock Holding's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (11742.987	+	12209.294)	/	2 )	/	4512.641	*	365 / 4
=	11976.1405					/	4512.641	*	365 / 4
=	242.17

Birkenstock Holding (MEX:BIRK) 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.

Birkenstock Holding's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4512.641	/	11976.1405
	=	0.38

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.

Birkenstock Holding's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11976.1405	/	11137.163
	=	1.08

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.

Birkenstock Holding Days Inventory Related Terms

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Birkenstock Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (MEX:BIRK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).