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iFabric (TSX:IFA) Days Inventory : 292.73 (As of Sep. 2024)


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What is iFabric Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iFabric's Average Total Inventories for the three months ended in Sep. 2024 was C$8.10 Mil. iFabric's Cost of Goods Sold for the three months ended in Sep. 2024 was C$2.52 Mil. Hence, iFabric's Days Inventory for the three months ended in Sep. 2024 was 292.73.

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

TSX:IFA' s Days Inventory Range Over the Past 10 Years
Min: 93.55   Med: 199.61   Max: 316.8
Current: 314.18

During the past 13 years, iFabric's highest Days Inventory was 316.80. The lowest was 93.55. And the median was 199.61.

TSX:IFA's Days Inventory is ranked worse than
88.55% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.745 vs TSX:IFA: 314.18

iFabric's Days Inventory increased from Mar. 2023 (223.23) to Sep. 2024 (292.73). It might indicate that iFabric's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. iFabric'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. iFabric's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.89.


iFabric Days Inventory Historical Data

The historical data trend for iFabric'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.

iFabric Days Inventory Chart

iFabric Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.89 186.71 192.27 148.86 93.55

iFabric Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 223.23 252.48 206.24 233.70 292.73

Competitive Comparison of iFabric's Days Inventory

For the Apparel Manufacturing subindustry, iFabric'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.


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

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

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



iFabric Days Inventory Calculation

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

iFabric's Days Inventory for the fiscal year that ended in Sep. 2021 is calculated as

Days Inventory (A: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2020 ) + Total Inventories (A: Sep. 2021 )) / count ) / Cost of Goods Sold (A: Sep. 2021 )*Days in Period
=( (3.138 + 3.015) / 2 ) / 12.003*365
=3.0765 / 12.003*365
=93.55

iFabric'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
=( (8.464 + 7.73) / 2 ) / 2.524*365 / 4
=8.097 / 2.524*365 / 4
=292.73

* 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.


iFabric  (TSX:IFA) 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.

iFabric'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.

iFabric'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.


iFabric Days Inventory Related Terms

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


iFabric Business Description

Traded in Other Exchanges
Address
525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8
iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intelligent Fabrics segment and its geographical location of Canada.
Executives
Mark Cochran Director
Richard Macary Director
Hylton Karon 10% Security Holder, Senior Officer

iFabric Headlines

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