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VF Corp (NYSE:VFC)
Change In Inventory
$406 Mil (As of Dec. 2016)

VF Corp's change in inventory for the quarter that ended in Dec. 2016 was $406 Mil. It means VF Corp's inventory declined by $406 Mil from Sep. 2016 to Dec. 2016 .

VF Corp's change in inventory for the fiscal year that ended in Dec. 2016 was $-37 Mil. It means VF Corp's inventory increased by $37 Mil from Dec. 2015 to Dec. 2016 .

VF Corp's inventory for the quarter that ended in Dec. 2016 was $1,569 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. VF Corp's days inventory for the quarter that ended in Dec. 2016 was 96.34.

Inventory can be measured by Days Sales of Inventory (DSI). VF Corp's days sales of inventory (DSI) for the quarter that ended in Dec. 2016 was 49.04.

Inventory turnover measures how fast the company turns over its inventory within a year. VF Corp's inventory turnover for the quarter that ended in Dec. 2016 was 0.95.

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. VF Corp's inventory to revenue ratio for the quarter that ended in Dec. 2016 was 0.54.


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.

VF Corp's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=1784.6605/1690.405*365 / 4
=96.34

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

VF Corp's Days Sales of Inventory for the quarter that ended in Dec. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1784.6605/3320.574*365 / 4
=49.04

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

VF Corp's Inventory Turnover for the quarter that ended in Dec. 2016 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.

VF Corp's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=1784.6605 / 3320.574
=0.54

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

VF Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ChangeInInventory -24-38209-114-888-47-131-175-37

VF Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ChangeInInventory -235324-165-123-299413-135-81-227406
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