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Fossil Group's total inventories for the quarter that ended in Sep. 2024 was $226 Mil. Fossil Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $214 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fossil Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-5.61.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fossil Group's Days Inventory for the three months ended in Sep. 2024 was 134.29.
Inventory Turnover measures how fast the company turns over its inventory within a year. Fossil Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.68.
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. Fossil Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.74.
The historical data trend for Fossil Group's Total Inventories 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.
Fossil Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 474.68 | 311.95 | 359.17 | 386.86 | 262.59 |
Fossil Group Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Inventories | Get a 7-Day Free Trial | 326.72 | 262.59 | 224.14 | 202.13 | 226.39 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Fossil Group (NAS:FOSL) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Fossil Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
Net-Net Working Capital Per Share (Q: Sep. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (106.308 | + | 0.75 * 173.7 | + | 0.5 * 226.389 | - | 650.5 |
- | 0 | - | -2.469) | / | 53.1543 | ||
= | -5.61 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fossil Group's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 214.2585 | / | 145.587 | * | 365 / 4 | |
= | 134.29 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Fossil Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 145.587 | / | 214.2585 | |
= | 0.68 |
4. 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.
Fossil Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 214.2585 | / | 287.819 | |
= | 0.74 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Fossil Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Suzanne M Coulter | director | 6301 FITCH PATH, NEW ALBANY OH 43054 |
Kosta N Kartsotis | director, 10 percent owner, officer: Pres. & CEO | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080 |
Diane L Neal | director | |
Melissa B Lowenkron | officer: SVP, General Manager, Fossil | 901 S CENTRAL EXPY, RICHARDSON TX 75080 |
Holly Briedis | officer: EVP, Chief Digital Officer | 901 S CENTRAL EXPY, RICHARDSON TX 75080 |
Gregory A Mckelvey | officer: Executive Vice President | 2515 MCKINNEY AVE., SUITE 1200, DALLAS TX 75201 |
Darren E. Hart | officer: Executive Vice President | 2280 N. GREENVILLE AVENUE, RICHARDSON TX 75082 |
Steve Andrew Evans | officer: Executive Vice President | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080 |
Gail B Tifford | director | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75134 |
Marc Rey | director | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080 |
Sunil M Doshi | officer: SVP, Chief Accounting Officer | 5760 STATE HIGHWAY 121, SUITE 250, PLANO TX 75024 |
Martin Frey | officer: EVP | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080 |
William B Chiasson | director | C/O LEAPFROG ENTERPRISES, INC., 6401 HOLLIS STREET, SUITE 150, EMERYVILLE CA 94608 |
Kim Harris Jones | director | THREE LAKES DRIVE, NORTHFIELD IL 60093 |
Kevin Mansell | director | C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051 |
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