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MYTE (MYT Netherlands Parent BV) Days Inventory : 292.33 (As of Sep. 2024)


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What is MYT Netherlands Parent BV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MYT Netherlands Parent BV's Average Total Inventories for the three months ended in Sep. 2024 was $402.0 Mil. MYT Netherlands Parent BV's Cost of Goods Sold for the three months ended in Sep. 2024 was $125.5 Mil. Hence, MYT Netherlands Parent BV's Days Inventory for the three months ended in Sep. 2024 was 292.33.

The historical rank and industry rank for MYT Netherlands Parent BV's Days Inventory or its related term are showing as below:

MYTE' s Days Inventory Range Over the Past 10 Years
Min: 199.98   Med: 232.84   Max: 297.6
Current: 297.6

During the past 8 years, MYT Netherlands Parent BV's highest Days Inventory was 297.60. The lowest was 199.98. And the median was 232.84.

MYTE's Days Inventory is ranked worse than
87.27% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 108.325 vs MYTE: 297.60

MYT Netherlands Parent BV's Days Inventory declined from Sep. 2023 (314.51) to Sep. 2024 (292.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. MYT Netherlands Parent BV's Inventory Turnover for the three months ended in Sep. 2024 was 0.31.

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. MYT Netherlands Parent BV's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.80.


MYT Netherlands Parent BV Days Inventory Historical Data

The historical data trend for MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV Days Inventory Chart

MYT Netherlands Parent BV Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial 232.84 227.46 278.98 276.48 293.25

MYT Netherlands Parent BV Quarterly Data
Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 314.51 360.83 267.63 287.25 292.33

Competitive Comparison of MYT Netherlands Parent BV's Days Inventory

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.


MYT Netherlands Parent BV's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Days Inventory distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Days Inventory falls into.



MYT Netherlands Parent BV Days Inventory Calculation

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

MYT Netherlands Parent BV's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (390.316 + 398.961) / 2 ) / 491.195*365
=394.6385 / 491.195*365
=293.25

MYT Netherlands Parent BV's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (398.961 + 405.08) / 2 ) / 125.491*365 / 4
=402.0205 / 125.491*365 / 4
=292.33

* 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.


MYT Netherlands Parent BV  (NYSE:MYTE) 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.

MYT Netherlands Parent BV's Inventory Turnover for the three months ended in Sep. 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.

MYT Netherlands Parent BV's Inventory to Revenue for the three months ended in Sep. 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.


MYT Netherlands Parent BV Days Inventory Related Terms

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


MYT Netherlands Parent BV Business Description

Traded in Other Exchanges
N/A
Address
Einsteinring 9, Munich, BY, DEU, 85609
MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories. The company operates in two segments which include the online segment and Retail store segments in which the majority of its revenue is generated from the Online segment.