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Christopher & Banks Corp (NYSE:CBK)
Days Inventory
69.73 (As of Apr. 2014)

Christopher & Banks Corp's inventory for the three months ended in Apr. 2014 was \$50.2 Mil. Christopher & Banks Corp's cost of goods sold for the three months ended in Apr. 2014 was \$65.5 Mil. Hence, Christopher & Banks Corp's days inventory for the three months ended in Apr. 2014 was 69.73.

Christopher & Banks Corp's days inventory increased from Apr. 2013 (54.83) to Apr. 2014 (69.73). It might indicate that Christopher & Banks Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Christopher & Banks Corp's days sales of inventory (DSI) for the three months ended in Apr. 2014 was 44.16.

Inventory turnover measures how fast the company turns over its inventory within a year. Christopher & Banks Corp's inventory turnover for the three months ended in Apr. 2014 was 1.31.

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. Christopher & Banks Corp's inventory to revenue ratio for the three months ended in Apr. 2014 was 0.49.

Definition

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

Christopher & Banks Corp's Days Inventory for the fiscal year that ended in Jan. 2014 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 44.877 / 284.723 * 365 = 57.53

Christopher & Banks Corp's Days Inventory for the quarter that ended in Apr. 2014 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 50.158 / 65.461 * 91 = 69.73

* 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).

Christopher & Banks Corp's Days Sales of Inventory for the three months ended in Apr. 2014 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 50.158 / 103.366 * 91 = 44.16

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

Christopher & Banks Corp's Inventory Turnover for the three months ended in Apr. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 65.461 / 50.158 = 1.31

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.

Christopher & Banks Corp's Inventory to Revenue for the three months ended in Apr. 2014 is calculated as

 Inventory to Revenue = Inventory / Revenue = 50.158 / 103.366 = 0.49

* 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

Historical Data

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

Christopher & Banks Corp Annual Data

 Feb04 Feb05 Feb06 Feb07 Feb08 Feb09 Feb10 Feb11 Jan13 Jan14 DaysInventory 50.67 54.59 47.33 57.82 45.14 41.47 48.60 48.89 51.33 57.53

Christopher & Banks Corp Quarterly Data

 Nov11 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 DaysInventory 54.54 56.21 47.06 69.71 47.97 54.83 52.57 61.29 57.65 69.73
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