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PetSmart Inc (NAS:PETM)
Change In Inventory
\$-57 Mil (As of Oct. 2014)

PetSmart Inc's change in inventory for the quarter that ended in Oct. 2014 was \$-57 Mil. It means PetSmart Inc's inventory declined by \$57 Mil from Jul. 2014 to Oct. 2014 .

PetSmart Inc's change in inventory for the fiscal year that ended in Jan. 2014 was \$-64 Mil. It means PetSmart Inc's inventory declined by \$64 Mil from Jan. 2013 to Jan. 2014 .

PetSmart Inc's inventory for the quarter that ended in Oct. 2014 was \$857 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. PetSmart Inc's days inventory for the quarter that ended in Oct. 2014 was 61.38.

Inventory can be measured by Days Sales of Inventory (DSI). PetSmart Inc's days sales of inventory (DSI) for the quarter that ended in Oct. 2014 was 43.31.

Inventory turnover measures how fast the company turns over its inventory within a year. PetSmart Inc's inventory turnover for the quarter that ended in Oct. 2014 was 1.49.

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. PetSmart Inc's inventory to revenue ratio for the quarter that ended in Oct. 2014 was 0.47.

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.

PetSmart 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 = 825.352 / 1226.954 * 365 / 4 = 61.38

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

PetSmart 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 = 825.352 / 1739.117 * 365 / 4 = 43.31

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

PetSmart Inc's Inventory Turnover for the quarter that ended in Oct. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 1226.954 / 825.352 = 1.49

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.

PetSmart Inc's Inventory to Revenue for the quarter that ended in Oct. 2014 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 825.352 / 1739.117 = 0.47

* 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.

PetSmart Inc Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 ChangeInInventory -62 -88 -9 -86 23 -51 -29 -34 -64 0

PetSmart Inc Quarterly Data

 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 ChangeInInventory -74 87 -60 -33 -27 55 -51 -1 -57 0
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