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CSS Industries Inc (NYSE:CSS)
Days Inventory
120.99 (As of Sep. 2016)

CSS Industries Inc's average inventory for the three months ended in Sep. 2016 was $92.4 Mil. CSS Industries Inc's cost of goods sold for the three months ended in Sep. 2016 was $69.7 Mil. Hence, CSS Industries Inc's days inventory for the three months ended in Sep. 2016 was 120.99.

CSS' s Days Inventory Range Over the Past 10 Years
Min: 86.1   Max: 139.18
Current: 139.18

86.1
139.18

During the past 13 years, CSS Industries Inc's highest Days Inventory was 139.18. The lowest was 86.10. And the median was 102.08.

CSS's Days Inventory is ranked lower than
72% of the 890 Companies
in the Global Specialty Retail industry.

( Industry Median: 89.73 vs. CSS: 139.18 )

CSS Industries Inc's days inventory increased from Sep. 2015 (99.91) to Sep. 2016 (120.99). It might indicate that CSS Industries Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). CSS Industries Inc's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 83.24.

Inventory turnover measures how fast the company turns over its inventory within a year. CSS Industries Inc's inventory turnover for the three months ended in Sep. 2016 was 0.75.

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. CSS Industries Inc's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.91.


Definition

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

CSS Industries 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
=( (65.491 + 73.022) / 2 ) / 214.746*365
=69.2565 / 214.746*365
=117.71

CSS Industries Inc's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

Days Inventory (Q: Sep. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2016 ) + Inventory (Q: Sep. 2016 )) / 2 ) / COGS (Q: Sep. 2016 )*Days in Period
=( (91.109 + 93.701) / 2 ) / 69.691*365 / 4
=92.405 / 69.691*365 / 4
=120.99

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

CSS Industries Inc's Days Sales of Inventory for the three months ended in Sep. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=92.405/101.291*365 / 4
=83.24

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

CSS Industries Inc's Inventory Turnover for the three months ended in Sep. 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.

CSS Industries Inc's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=92.405 / 101.291
=0.91

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

CSS Industries Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysInventory 86.1094.95105.3296.60108.26101.8396.06102.33107.72117.71

CSS Industries Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 184.6598.0691.37152.44211.8499.9196.24160.23226.78120.99
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