Switch to:
Buckle Inc (NYSE:BKE)
Days Inventory
91.47 (As of Oct. 2015)

Buckle Inc's average inventory for the three months ended in Oct. 2015 was $163 Mil. Buckle Inc's cost of goods sold for the three months ended in Oct. 2015 was $163 Mil. Hence, Buckle Inc's days inventory for the three months ended in Oct. 2015 was 91.47.

BKE' s Days Inventory Range Over the Past 10 Years
Min: 59.21   Max: 81.46
Current: 84.16

59.21
81.46

During the past 13 years, Buckle Inc's highest Days Inventory was 81.46. The lowest was 59.21. And the median was 65.96.

BKE's Days Inventory is ranked higher than
51% of the 887 Companies
in the Global Apparel Stores industry.

( Industry Median: 88.17 vs. BKE: 84.16 )

Buckle Inc's days inventory increased from Oct. 2014 (76.43) to Oct. 2015 (91.47). It might indicate that Buckle Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Buckle Inc's days sales of inventory (DSI) for the three months ended in Oct. 2015 was 53.19.

Inventory turnover measures how fast the company turns over its inventory within a year. Buckle Inc's inventory turnover for the three months ended in Oct. 2015 was 1.00.

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. Buckle Inc's inventory to revenue ratio for the three months ended in Oct. 2015 was 0.58.


Definition

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

Buckle Inc's Days Inventory for the fiscal year that ended in Jan. 2015 is calculated as

Days Inventory (A: Jan. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jan. 2014 ) + Inventory (A: Jan. 2015 )) / 2 ) / COGS (A: Jan. 2015 )*Days in Period
=( (124.141 + 129.921) / 2 ) / 645.81*365
=127.031 / 645.81*365
=71.80

Buckle Inc's Days Inventory for the quarter that ended in Oct. 2015 is calculated as:

Days Inventory (Q: Oct. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jul. 2015 ) + Inventory (Q: Oct. 2015 )) / 2 ) / COGS (Q: Oct. 2015 )*Days in Period
=( (150.789 + 175.852) / 2 ) / 162.923*365 / 4
=163.3205 / 162.923*365 / 4
=91.47

* 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).

Buckle Inc's Days Sales of Inventory for the three months ended in Oct. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=163.3205/280.187*365 / 4
=53.19

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

Buckle Inc's Inventory Turnover for the three months ended in Oct. 2015 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.

Buckle Inc's Inventory to Revenue for the three months ended in Oct. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=163.3205 / 280.187
=0.58

* 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.

Buckle Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysInventory 78.6273.9065.7563.1360.7959.2160.7866.1771.8079.92

Buckle Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
DaysInventory 79.5369.4871.8780.1676.4367.9475.0790.4491.4784.32
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)

GuruFocus Premium Plus Membership

FEEDBACK