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Christopher & Banks Corp (NYSE:CBK)
Days Inventory
73.02 (As of Oct. 2014)

Christopher & Banks Corp's average inventory for the three months ended in Oct. 2014 was $53.5 Mil. Christopher & Banks Corp's cost of goods sold for the three months ended in Oct. 2014 was $66.9 Mil. Hence, Christopher & Banks Corp's days inventory for the three months ended in Oct. 2014 was 73.02.

Christopher & Banks Corp's days inventory increased from Oct. 2013 (55.72) to Oct. 2014 (73.02). 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 Oct. 2014 was 44.15.

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 Oct. 2014 was 1.25.

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 Oct. 2014 was 0.48.


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 (A: Jan. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jan. 2013 ) + Inventory (A: Jan. 2014 )) / 2 ) / COGS (A: Jan. 2014 )*Days in Period
=( (42.704 + 44.877) / 2 ) / 284.723*365
=43.7905 / 284.723*365
=56.14

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

Days Inventory (Q: Oct. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jul. 2014 ) + Inventory (Q: Oct. 2014 )) / 2 ) / COGS (Q: Oct. 2014 )*Days in Period
=( (48.218 + 58.806) / 2 ) / 66.873*365 / 4
=53.512 / 66.873*365 / 4
=73.02

* 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 Oct. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=53.512/110.61*365 / 4
=44.15

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 Oct. 2014 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.

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

* 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.

Christopher & Banks Corp Annual Data

Feb04Feb05Feb06Feb07Feb08Feb09Feb10Feb11Jan13Jan14
DaysInventory 44.8748.3848.9949.8349.5344.1548.8148.4549.2356.14

Christopher & Banks Corp Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
DaysInventory 50.7358.1756.8254.7754.6855.7260.6366.2465.0573.02
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