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Rizzo Group AB (OSTO:RIZZO B) Days Inventory : 52.95 (As of Nov. 2023)


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What is Rizzo Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rizzo Group AB's Average Total Inventories for the three months ended in Nov. 2023 was kr15.2 Mil. Rizzo Group AB's Cost of Goods Sold for the three months ended in Nov. 2023 was kr26.2 Mil. Hence, Rizzo Group AB's Days Inventory for the three months ended in Nov. 2023 was 52.95.

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

OSTO:RIZZO B' s Days Inventory Range Over the Past 10 Years
Min: 21.67   Med: 146.4   Max: 163.2
Current: 27.24

During the past 13 years, Rizzo Group AB's highest Days Inventory was 163.20. The lowest was 21.67. And the median was 146.40.

OSTO:RIZZO B's Days Inventory is ranked better than
88.52% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.96 vs OSTO:RIZZO B: 27.24

Rizzo Group AB's Days Inventory declined from Nov. 2022 (61.02) to Nov. 2023 (52.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rizzo Group AB's Inventory Turnover for the three months ended in Nov. 2023 was 1.72.

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. Rizzo Group AB's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.29.


Rizzo Group AB Days Inventory Historical Data

The historical data trend for Rizzo Group AB'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.

Rizzo Group AB Days Inventory Chart

Rizzo Group AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.51 143.08 146.39 76.45 21.67

Rizzo Group AB Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 61.02 22.27 14.28 10.46 52.95

Competitive Comparison of Rizzo Group AB's Days Inventory

For the Apparel Retail subindustry, Rizzo Group AB'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.


Rizzo Group AB's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Rizzo Group AB's Days Inventory falls into.



Rizzo Group AB Days Inventory Calculation

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

Rizzo Group AB's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (8.467 + 7.308) / 2 ) / 132.833*365
=7.8875 / 132.833*365
=21.67

Rizzo Group AB's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (7.308 + 23.1) / 2 ) / 26.2*365 / 4
=15.204 / 26.2*365 / 4
=52.95

* 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.


Rizzo Group AB  (OSTO:RIZZO B) 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.

Rizzo Group AB's Inventory Turnover for the three months ended in Nov. 2023 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.

Rizzo Group AB's Inventory to Revenue for the three months ended in Nov. 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.


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.


Rizzo Group AB Days Inventory Related Terms

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


Rizzo Group AB (OSTO:RIZZO B) Business Description

Traded in Other Exchanges
Address
Linnegatan 89 C, Stockholm, SWE, 104 50
Rizzo Group AB retails accessories, travel accessories and footwear products. The company operates through two business areas namely the Rizzo and, Accent and Morris chains. In the accessories business area, the Accent and Morris chains offer a selection of accessories and travel goods. The Rizzo business area, is involved in the manufacture of footwear and accessories.

Rizzo Group AB (OSTO:RIZZO B) Headlines

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