Generation Next Fashions (DHA:GENNEXT) Inventory Turnover: 0.38 (As of Mar. 2024)

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DHA:GENNEXT Generation Next Fashions Ltd DHA:GENNEXT
5 GF Score
Price BDT3.10
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What is Generation Next Fashions Inventory Turnover?

Generation Next Fashions DHA:GENNEXT -3.13% 5 Inventory Turnover is 0.38 as of Mar. 2024. GuruFocus rates DHA:GENNEXT with a GF Score™ of 5/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Generation Next Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,121 Mil. Generation Next Fashions's Average Total Inventories for the quarter that ended in Mar. 2024 was BDT2,973 Mil. Generation Next Fashions's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Generation Next Fashions's Days Inventory for the three months ended in Mar. 2024 was 241.98.

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. Generation Next Fashions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.27.

Generation Next Fashions  (DHA:GENNEXT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Generation Next Fashions's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2972.8815/1121.063*365 / 4
=241.98

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.

Generation Next Fashions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2972.8815 / 1308.849
=2.27

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Generation Next Fashions Inventory Turnover Related Terms

Generation Next Fashions Inventory Turnover Historical Data

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The historical data trend for Generation Next Fashions's Inventory Turnover 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.

Generation Next Fashions Inventory Turnover Chart

Generation Next Fashions Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 1.20 0.88 1.24 1.79

Generation Next Fashions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover 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 0.59 0.28 0.21 0.30 0.38
DHA:GENNEXT
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Generation Next Fashions Ltd DHA:GENNEXT
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Generation Next Fashions Inventory Turnover Calculation

Generation Next Fashions's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=5207.23 / ((2878.82 + 2952.11) / 2 )
=5207.23 / 2915.465
=1.79

Generation Next Fashions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=1121.063 / ((2961.899 + 2983.864) / 2 )
=1121.063 / 2972.8815
=0.38

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.38 mean?
Generation Next Fashions (DHA:GENNEXT) has a Inventory Turnover of 0.38 as of Mar. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Generation Next Fashions and its competitors.
Is Generation Next Fashions' Inventory Turnover too high?
Generation Next Fashions' current Inventory Turnover is 0.38. Overall, Generation Next Fashions has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Generation Next Fashions' Inventory Turnover compare to RL and LEVI?
Generation Next Fashions' Inventory Turnover of 0.38 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Generation Next Fashions and its competitors. Generation Next Fashions's current Inventory Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Next Fashions stock overvalued right now?
Generation Next Fashions (DHA:GENNEXT) has a current Inventory Turnover of 0.38. The current Inventory Turnover is 0.38. Generation Next Fashions' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Generation Next Fashions (DHA:GENNEXT), the current Inventory Turnover is 0.38 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Generation Next Fashions Business Description

Address Building No. 348, Road No. 5, DOHS Baridhara, Dhaka, BGD, 1206
Generation Next Fashions Ltd is a textile and apparel company. The company is engaged in the knitting, dying, and manufacturing of textiles and readymade garments. The company offers wearable goods for Men, Women, and Kids. It offers products such as T-shirts, trousers, hoodies, jackets, nightwear, and others.
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