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Abercrombie & Fitch Co (NYSE:ANF)
Days Inventory
132.50 (As of Jul. 2016)

Abercrombie & Fitch Co's average inventory for the three months ended in Jul. 2016 was $444 Mil. Abercrombie & Fitch Co's cost of goods sold for the three months ended in Jul. 2016 was $306 Mil. Hence, Abercrombie & Fitch Co's days inventory for the three months ended in Jul. 2016 was 132.50.

ANF' s Days Inventory Range Over the Past 10 Years
Min: 101.58   Max: 132.92
Current: 132.92

101.58
132.92

During the past 13 years, Abercrombie & Fitch Co's highest Days Inventory was 132.92. The lowest was 101.58. And the median was 119.27.

ANF's Days Inventory is ranked lower than
71% of the 886 Companies
in the Global Apparel Stores industry.

( Industry Median: 86.93 vs. ANF: 132.92 )

Abercrombie & Fitch Co's days inventory declined from Jul. 2015 (136.27) to Jul. 2016 (132.50).

Inventory can be measured by Days Sales of Inventory (DSI). Abercrombie & Fitch Co's days sales of inventory (DSI) for the three months ended in Jul. 2016 was 51.78.

Inventory turnover measures how fast the company turns over its inventory within a year. Abercrombie & Fitch Co's inventory turnover for the three months ended in Jul. 2016 was 0.69.

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. Abercrombie & Fitch Co's inventory to revenue ratio for the three months ended in Jul. 2016 was 0.57.


Definition

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

Abercrombie & Fitch Co's Days Inventory for the fiscal year that ended in Jan. 2016 is calculated as

Days Inventory (A: Jan. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jan. 2015 ) + Inventory (A: Jan. 2016 )) / 2 ) / COGS (A: Jan. 2016 )*Days in Period
=( (460.794 + 436.701) / 2 ) / 1361.137*365
=448.7475 / 1361.137*365
=120.34

Abercrombie & Fitch Co's Days Inventory for the quarter that ended in Jul. 2016 is calculated as:

Days Inventory (Q: Jul. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Apr. 2016 ) + Inventory (Q: Jul. 2016 )) / 2 ) / COGS (Q: Jul. 2016 )*Days in Period
=( (435.663 + 453.175) / 2 ) / 306.053*365 / 4
=444.419 / 306.053*365 / 4
=132.50

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


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

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

Abercrombie & Fitch Co's Days Sales of Inventory for the three months ended in Jul. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=444.419/783.16*365 / 4
=51.78

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

Abercrombie & Fitch Co's Inventory Turnover for the three months ended in Jul. 2016 is calculated as

3. 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.

Abercrombie & Fitch Co's Inventory to Revenue for the three months ended in Jul. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=444.419 / 783.16
=0.57

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


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, 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.

Abercrombie & Fitch Co Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysInventory 129.98112.08111.68119.29101.58120.97119.24113.32126.43120.34

Abercrombie & Fitch Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysInventory 149.19140.02154.71112.41138.13136.27154.59108.50153.22132.50
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