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Westwing Group SE (Westwing Group SE) Days Inventory : 56.25 (As of Mar. 2024)


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What is Westwing Group SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Westwing Group SE's Average Total Inventories for the three months ended in Mar. 2024 was $35.4 Mil. Westwing Group SE's Cost of Goods Sold for the three months ended in Mar. 2024 was $57.4 Mil. Hence, Westwing Group SE's Days Inventory for the three months ended in Mar. 2024 was 56.25.

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

WTWGF' s Days Inventory Range Over the Past 10 Years
Min: 39   Med: 55.35   Max: 80.05
Current: 60.29

During the past 10 years, Westwing Group SE's highest Days Inventory was 80.05. The lowest was 39.00. And the median was 55.35.

WTWGF's Days Inventory is ranked better than
77.92% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.38 vs WTWGF: 60.29

Westwing Group SE's Days Inventory declined from Mar. 2023 (76.50) to Mar. 2024 (56.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Westwing Group SE's Inventory Turnover for the three months ended in Mar. 2024 was 1.62.

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. Westwing Group SE's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.30.


Westwing Group SE Days Inventory Historical Data

The historical data trend for Westwing Group SE'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.

Westwing Group SE Days Inventory Chart

Westwing Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.35 43.00 60.06 82.98 60.92

Westwing Group SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 76.50 70.91 70.55 42.51 56.25

Competitive Comparison of Westwing Group SE's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Westwing Group SE'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.


Westwing Group SE's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Westwing Group SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Westwing Group SE's Days Inventory falls into.



Westwing Group SE Days Inventory Calculation

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

Westwing Group SE'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
=( (47.881 + 30.643) / 2 ) / 235.224*365
=39.262 / 235.224*365
=60.92

Westwing Group SE's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (30.643 + 40.109) / 2 ) / 57.391*365 / 4
=35.376 / 57.391*365 / 4
=56.25

* 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.


Westwing Group SE  (OTCPK:WTWGF) 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.

Westwing Group SE's Inventory Turnover for the three months ended in Mar. 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.

Westwing Group SE's Inventory to Revenue for the three months ended in Mar. 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.


Westwing Group SE Days Inventory Related Terms

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


Westwing Group SE (Westwing Group SE) Business Description

Traded in Other Exchanges
Address
Moosacher Strasse 88, Munich, BY, DEU, 80809
Westwing Group SE is the platform for home and living eCommerce in Europe. It offers Home and Living categories such as Textiles, furniture, lighting, and kitchenware. Its operating segments are DACH and International. DACH comprises businesses in Germany, Austria, and Switzerland. International includes its operation in Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia. It generates its revenue from the DACH segment.

Westwing Group SE (Westwing Group SE) Headlines

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