Olaplex Holdings (Olaplex Holdings) Days Inventory : 272.51 (As of Dec. 2023)

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What is Olaplex Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Olaplex Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $104.3 Mil. Olaplex Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.9 Mil. Hence, Olaplex Holdings's Days Inventory for the three months ended in Dec. 2023 was 272.51.

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

OLPX' s Days Inventory Range Over the Past 10 Years
Min: 87.97 Med: 193.42 Max: 320.73
Current: 320.73

During the past 5 years, Olaplex Holdings's highest Days Inventory was 320.73. The lowest was 87.97. And the median was 193.42.

OLPX's Days Inventory is ranked worse than
89.4% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs OLPX: 320.73

Olaplex Holdings's Days Inventory declined from Dec. 2022 (349.24) to Dec. 2023 (272.51).

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. Olaplex Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Olaplex Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.93.

Olaplex Holdings Days Inventory Historical Data

The historical data trend for Olaplex Holdings'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.

Olaplex Holdings Days Inventory Chart

Olaplex Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

186.09

87.97

193.42

239.90

314.05

Olaplex Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											349.24	382.46	374.43	275.15	272.51

Competitive Comparison of Olaplex Holdings's Days Inventory

For the Specialty Retail subindustry, Olaplex Holdings'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.

Olaplex Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Olaplex Holdings's Days Inventory falls into.

Olaplex Holdings Days Inventory Calculation

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

Olaplex Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (144.425	+	95.922)	/	2 )	/	139.668	*	365
=	120.1735					/	139.668	*	365
=	314.05

Olaplex Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (112.762	+	95.922)	/	2 )	/	34.939	*	365 / 4
=	104.342					/	34.939	*	365 / 4
=	272.51

Olaplex Holdings (NAS:OLPX) 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.

Olaplex Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.939	/	104.342
	=	0.33

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.

Olaplex Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	104.342	/	111.717
	=	0.93

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.

Olaplex Holdings Days Inventory Related Terms

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

Olaplex Holdings (Olaplex Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olaplex Holdings Inc (NAS:OLPX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1187 Coast Village Road, Suite 1-520, Santa Barbara, CA, USA, 93108

Website

https://www.olaplex.com

Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.

Executives

John P Bilbrey	director
Advent International Gp, Llc	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David M Mussafer	director	C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Tricia Glynn	director	C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Michael James White	director	C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Eric Tiziani	officer: Chief Financial Officer	1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Kristi A Belhumeur	officer: See Remarks	6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Morfitt Martha A M	director	P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Advent International Corp/ma	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Ix-b Cayman Limited Partnership	director, 10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199-8069
Emily White	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Christine Dagousset	director	9 W 57TH STREET, C/O CHANEL, NEW YORK NY 10019
Tiffany Walden	director, officer: See Remarks	1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Paula Zusi	director	481 MYRTLE AVENUE, OCEANPORT NJ 07757
Janet Gurwitch	director	1284 NORTH TELEGRPAH, MONROE MI 48162