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Dick's Sporting Goods, Inc. (NYSE:DKS)
Days Inventory
84.98 (As of Jan. 2014)

Dick's Sporting Goods, Inc.'s inventory for the three months ended in Jan. 2014 was $1,232 Mil. Dick's Sporting Goods, Inc.'s cost of goods sold for the three months ended in Jan. 2014 was $1,319 Mil. Hence, Dick's Sporting Goods, Inc.'s days inventory for the three months ended in Jan. 2014 was 84.98.

Dick's Sporting Goods, Inc.'s days inventory increased from Jan. 2013 (81.99) to Jan. 2014 (84.98). It might indicate that Dick's Sporting Goods, Inc.'s sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Dick's Sporting Goods, Inc.'s days sales of inventory (DSI) for the three months ended in Jan. 2014 was 57.57.

Inventory turnover measures how fast the company turns over its inventory within a year. Dick's Sporting Goods, Inc.'s inventory turnover for the three months ended in Jan. 2014 was 1.07.

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. Dick's Sporting Goods, Inc.'s inventory to revenue ratio for the three months ended in Jan. 2014 was 0.63.


Definition

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

Dick's Sporting Goods, Inc.'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
=1232.065/4269.223*365
=105.34

Dick's Sporting Goods, Inc.'s Days Inventory for the quarter that ended in Jan. 2014 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=1232.065/1319.351*91
=84.98

* 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).

Dick's Sporting Goods, Inc.'s Days Sales of Inventory for the three months ended in Jan. 2014 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=1232.065/1947.418*91
=57.57

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

Dick's Sporting Goods, Inc.'s Inventory Turnover for the three months ended in Jan. 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.

Dick's Sporting Goods, Inc.'s Inventory to Revenue for the three months ended in Jan. 2014 is calculated as

Inventory to Revenue=Inventory / Revenue
=1232.065 / 1947.418
=0.63

* 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.

Dick's Sporting Goods, Inc. Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysInventory 109.68103.60105.59118.62105.90102.3195.65102.43100.05105.34

Dick's Sporting Goods, Inc. Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
DaysInventory 136.4484.06123.28104.37138.8981.99129.56110.30146.4384.98
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