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Crown Crafts Inc (NAS:CRWS)
Days Inventory
127.32 (As of Jun. 2016)

Crown Crafts Inc's average inventory for the three months ended in Jun. 2016 was $15.78 Mil. Crown Crafts Inc's cost of goods sold for the three months ended in Jun. 2016 was $11.31 Mil. Hence, Crown Crafts Inc's days inventory for the three months ended in Jun. 2016 was 127.32.

CRWS' s Days Inventory Range Over the Past 10 Years
Min: 57.19   Max: 105.31
Current: 105.31

57.19
105.31

During the past 13 years, Crown Crafts Inc's highest Days Inventory was 105.31. The lowest was 57.19. And the median was 69.26.

CRWS's Days Inventory is ranked higher than
51% of the 699 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: 107.43 vs. CRWS: 105.31 )

Crown Crafts Inc's days inventory increased from Jun. 2015 (117.22) to Jun. 2016 (127.32). It might indicate that Crown Crafts Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Crown Crafts Inc's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 92.33.

Inventory turnover measures how fast the company turns over its inventory within a year. Crown Crafts Inc's inventory turnover for the three months ended in Jun. 2016 was 0.72.

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. Crown Crafts Inc's inventory to revenue ratio for the three months ended in Jun. 2016 was 1.01.


Definition

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

Crown Crafts Inc's Days Inventory for the fiscal year that ended in Mar. 2016 is calculated as

Days Inventory (A: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Mar. 2015 ) + Inventory (A: Mar. 2016 )) / 2 ) / COGS (A: Mar. 2016 )*Days in Period
=( (15.468 + 14.785) / 2 ) / 60.529*365
=15.1265 / 60.529*365
=91.22

Crown Crafts Inc's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (14.785 + 16.783) / 2 ) / 11.312*365 / 4
=15.784 / 11.312*365 / 4
=127.32

* 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).

Crown Crafts Inc's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=15.784/15.599*365 / 4
=92.33

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

Crown Crafts Inc's Inventory Turnover for the three months ended in Jun. 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.

Crown Crafts Inc's Inventory to Revenue for the three months ended in Jun. 2016 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.

Crown Crafts Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysInventory 57.1967.8468.0261.5562.7170.4970.8576.2185.0091.22

Crown Crafts Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 79.73126.42115.97102.2582.21117.22108.50110.8481.85127.32
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