Focusrite (LSE:TUNE) Days Inventory : 242.02 (As of Feb. 2024)

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What is Focusrite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Focusrite's Average Total Inventories for the six months ended in Feb. 2024 was £55.3 Mil. Focusrite's Cost of Goods Sold for the six months ended in Feb. 2024 was £41.7 Mil. Hence, Focusrite's Days Inventory for the six months ended in Feb. 2024 was 242.02.

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

LSE:TUNE' s Days Inventory Range Over the Past 10 Years
Min: 81.53 Med: 96.43 Max: 218.74
Current: 218.74

During the past 12 years, Focusrite's highest Days Inventory was 218.74. The lowest was 81.53. And the median was 96.43.

LSE:TUNE's Days Inventory is ranked worse than
86.31% of 672 companies
in the Travel & Leisure industry
Industry Median: 34.995 vs LSE:TUNE: 218.74

Focusrite's Days Inventory increased from Feb. 2023 (198.07) to Feb. 2024 (242.02). It might indicate that Focusrite's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focusrite's Inventory Turnover for the six months ended in Feb. 2024 was 0.75.

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. Focusrite's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.72.

Focusrite Days Inventory Historical Data

The historical data trend for Focusrite'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.

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Focusrite Days Inventory Chart

Focusrite Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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99.18

89.77

81.53

125.52

201.96

Focusrite Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Inventory	Get a 7-Day Free Trial															85.43	132.97	198.07	201.40	242.02

Competitive Comparison of Focusrite's Days Inventory

For the Leisure subindustry, Focusrite'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.

Focusrite's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Focusrite's Days Inventory distribution charts can be found below:

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

Focusrite Days Inventory Calculation

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

Focusrite's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (48.34	+	55.256)	/	2 )	/	93.616	*	365
=	51.798					/	93.616	*	365
=	201.96

Focusrite's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (55.256	+	55.298)	/	2 )	/	41.683	*	365 / 2
=	55.277					/	41.683	*	365 / 2
=	242.02

Focusrite (LSE:TUNE) 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.

Focusrite's Inventory Turnover for the six months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.683	/	55.277
	=	0.75

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.

Focusrite's Inventory to Revenue for the six months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.277	/	76.884
	=	0.72

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.

Focusrite Days Inventory Related Terms

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

Focusrite (LSE:TUNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Focusrite PLC (LSE:TUNE) » Definitions » Days Inventory

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Traded in Other Exchanges

FOCIF:USA

Address

Hillbottom Road, Artisan, High Wycombe, Buckinghamshire, GBR, HP12 4HJ

Website

https://www.focusriteplc.com

Focusrite PLC is a music and audio products company supplying hardware and software products used by professional and amateur musicians. The company's operating segment includes Focusrite, Novation, ADAM Audio, Martin Audio, Sequential, and Sonox. It generates maximum revenue from the Focusrite segment. Focusrite segment includes sales of Focusrite and Focusrite Pro branded products. Geographically, majority of its revenue is generated from North America.