Switch to:
HRG Group Inc (NYSE:HRG)
Days Inventory
96.61 (As of Jun. 2015)

HRG Group Inc's average inventory for the three months ended in Jun. 2015 was $861 Mil. HRG Group Inc's cost of goods sold for the three months ended in Jun. 2015 was $814 Mil. Hence, HRG Group Inc's days inventory for the three months ended in Jun. 2015 was 96.61.

HRG Group Inc's days inventory increased from Jun. 2014 (91.71) to Jun. 2015 (96.61). It might indicate that HRG Group Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). HRG Group Inc's days sales of inventory (DSI) for the three months ended in Jun. 2015 was 50.59.

Inventory turnover measures how fast the company turns over its inventory within a year. HRG Group Inc's inventory turnover for the three months ended in Jun. 2015 was 0.94.

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. HRG Group Inc's inventory to revenue ratio for the three months ended in Jun. 2015 was 0.55.


Definition

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

HRG Group Inc's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

Days Inventory (A: Sep. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Sep. 2013 ) + Inventory (A: Sep. 2014 )) / 2 ) / COGS (A: Sep. 2014 )*Days in Period
=( (632.9 + 635.2) / 2 ) / 2945.2*365
=634.05 / 2945.2*365
=78.58

HRG Group Inc's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2015 ) + Inventory (Q: Jun. 2015 )) / 2 ) / COGS (Q: Jun. 2015 )*Days in Period
=( (819 + 903.7) / 2 ) / 813.6*365 / 4
=861.35 / 813.6*365 / 4
=96.61

* 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).

HRG Group Inc's Days Sales of Inventory for the three months ended in Jun. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=861.35/1553.5*365 / 4
=50.59

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

HRG Group Inc's Inventory Turnover for the three months ended in Jun. 2015 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.

HRG Group Inc's Inventory to Revenue for the three months ended in Jun. 2015 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.

HRG Group Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14
DaysInventory 0.000.000.000.000.000.0038.5475.7872.3278.58

HRG Group Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
DaysInventory 93.7788.8980.6381.6594.6691.7179.0283.8095.5496.61
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK