Switch to:
JC Penney Co Inc (NYSE:JCP)
Change In Inventory
\$-204 Mil (As of Apr. 2016)

JC Penney Co Inc's change in inventory for the quarter that ended in Apr. 2016 was \$-204 Mil. It means JC Penney Co Inc's inventory declined by \$204 Mil from Jan. 2016 to Apr. 2016 .

JC Penney Co Inc's change in inventory for the fiscal year that ended in Jan. 2016 was \$-69 Mil. It means JC Penney Co Inc's inventory declined by \$69 Mil from Jan. 2015 to Jan. 2016 .

JC Penney Co Inc's inventory for the quarter that ended in Apr. 2016 was \$2,925 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. JC Penney Co Inc's days inventory for the quarter that ended in Apr. 2016 was 143.67.

Inventory can be measured by Days Sales of Inventory (DSI). JC Penney Co Inc's days sales of inventory (DSI) for the quarter that ended in Apr. 2016 was 91.64.

Inventory turnover measures how fast the company turns over its inventory within a year. JC Penney Co Inc's inventory turnover for the quarter that ended in Apr. 2016 was 0.64.

Inventory to revenue ratio 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. JC Penney Co Inc's inventory to revenue ratio for the quarter that ended in Apr. 2016 was 1.00.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’s ending inventory.

Explanation

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

JC Penney Co Inc's Days Inventory for the quarter that ended in Apr. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 2823 / 1793 * 365 / 4 = 143.67

2. Inventory can be measured by Days Sales of Inventory (DSI).

JC Penney Co Inc's Days Sales of Inventory for the quarter that ended in Apr. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 2823 / 2811 * 365 / 4 = 91.64

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

JC Penney Co Inc's Inventory Turnover for the quarter that ended in Apr. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 1793 / 2823 = 0.64

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.

JC Penney Co Inc's Inventory to Revenue for the quarter that ended in Apr. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 2823 / 2811 = 1.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

JC Penney Co Inc Annual Data

 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 ChangeInInventory -190 -241 382 235 -189 297 575 -594 283 -69

JC Penney Co Inc Quarterly Data

 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 ChangeInInventory 100 -13 -510 706 -159 -194 -664 948 -204 -56
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)