Digital Days Of Inventory On Hand from 2010 to 2024

DBGI Stock  USD 3.69  0.16  4.16%   
Digital Brands' Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to 138.57. For the period between 2010 and 2024, Digital Brands, Days Of Inventory On Hand quarterly trend regression had mean deviation of  68.42 and range of 208. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
211.41522592
Current Value
138.57
Quarterly Volatility
75.47293731
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers, such as Interest Expense of 3.2 M, Tax Provision of 386.4 K or Depreciation And Amortization of 3.4 M, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0 or PTB Ratio of 45.46. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
  
Check out the analysis of Digital Brands Correlation against competitors.

Latest Digital Brands' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Digital Brands Group over the last few years. It is Digital Brands' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Brands' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Digital Days Of Inventory On Hand Regression Statistics

Arithmetic Mean146.05
Geometric Mean127.90
Coefficient Of Variation51.68
Mean Deviation68.42
Median117.34
Standard Deviation75.47
Sample Variance5,696
Range208
R-Value0.65
Mean Square Error3,550
R-Squared0.42
Significance0.01
Slope10.95
Total Sum of Squares79,746

Digital Days Of Inventory On Hand History

2024 138.57
2023 211.42
2022 237.49
2021 214.47
2020 90.61
2019 238.31
2018 262.17

About Digital Brands Financial Statements

Investors use fundamental indicators, such as Digital Brands' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Digital Brands' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 211.42  138.57 

Currently Active Assets on Macroaxis

When determining whether Digital Brands Group is a strong investment it is important to analyze Digital Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Brands' future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:
Check out the analysis of Digital Brands Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digital Brands. If investors know Digital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(335.51)
Revenue Per Share
11.245
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.21)
Return On Equity
(3.73)
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digital Brands' market value can be influenced by many factors that don't directly affect Digital Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.