Industria De Diseno Textil (Industria De Diseno Textil) Inventory Turnover : 1.32 (As of Jan. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Industria De Diseno Textil Inventory Turnover?

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. Industria De Diseno Textil's Cost of Goods Sold for the three months ended in Jan. 2024 was $5,207 Mil. Industria De Diseno Textil's Average Total Inventories for the quarter that ended in Jan. 2024 was $3,941 Mil. Industria De Diseno Textil's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Industria De Diseno Textil's Days Inventory for the three months ended in Jan. 2024 was 69.06.

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. Industria De Diseno Textil's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.35.

Industria De Diseno Textil Inventory Turnover Historical Data

The historical data trend for Industria De Diseno Textil'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.

* Premium members only.

Industria De Diseno Textil Inventory Turnover Chart

Industria De Diseno Textil Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

Get a 7-Day Free Trial

4.93

4.11

4.30

4.39

4.96

Industria De Diseno Textil Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															1.21	0.88	1.14	0.84	1.32

Industria De Diseno Textil Inventory Turnover Calculation

Industria De Diseno Textil's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	16542.484	/ (	(3438.578	+	3230.937)	/	2 )
=	16542.484	/	3334.7575
=	4.96

Industria De Diseno Textil's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	5206.972	/ (	(4650.475	+	3230.937)	/	2 )
=	5206.972	/	3940.706
=	1.32

Industria De Diseno Textil (OTCPK:IDEXY) 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.

Industria De Diseno Textil's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	3940.706	/	5206.972	*	365 / 4
	=	69.06

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.

Industria De Diseno Textil's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	3940.706	/	11261.438
	=	0.35

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.

Industria De Diseno Textil Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Industria De Diseno Textil's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Industria De Diseno Textil (Industria De Diseno Textil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Industria De Diseno Textil SA (OTCPK:IDEXY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

IDEXF:USA ITX:Mexico ITXe:UK 0QWI:UK ITX:Spain IXD1:Germany

Address

Edificio Inditex, Avenida de la Diputación, Arteixo, ESP, 15142

Website

https://www.inditex.com

Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Industria De Diseno Textil (Industria De Diseno Textil) Headlines

From GuruFocus

Industria De Diseno Textil SA's Dividend Analysis

By GuruFocus Research • 10-30-2023