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JC Penney Co Inc (NYSE:JCP)
Change In Inventory
$-510 Mil (As of Oct. 2014)

JC Penney Co Inc's change in inventory for the quarter that ended in Oct. 2014 was $-510 Mil. It means JC Penney Co Inc's inventory declined by $510 Mil from Jul. 2014 to Oct. 2014 .

JC Penney Co Inc's change in inventory for the fiscal year that ended in Jan. 2014 was $-594 Mil. It means JC Penney Co Inc's inventory declined by $594 Mil from Jan. 2013 to Jan. 2014 .

JC Penney Co Inc's inventory for the quarter that ended in Oct. 2014 was $3,358 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 Oct. 2014 was 161.71.

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 Oct. 2014 was 102.44.

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 Oct. 2014 was 0.56.

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 Oct. 2014 was 1.12.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’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 Oct. 2014 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=3103/1751*365 / 4
=161.71

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 Oct. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=3103/2764*365 / 4
=102.44

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 Oct. 2014 is calculated as

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 Oct. 2014 is calculated as

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


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ChangeInInventory -7-67-190-241382235-189297575-594

JC Penney Co Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
ChangeInInventory 91-3691,021-457-357-592812100-13-510
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