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Johnson Outdoors Inc (NAS:JOUT)
Days Inventory
105.81 (As of Mar. 2016)

Johnson Outdoors Inc's average inventory for the three months ended in Mar. 2016 was $91.8 Mil. Johnson Outdoors Inc's cost of goods sold for the three months ended in Mar. 2016 was $79.2 Mil. Hence, Johnson Outdoors Inc's days inventory for the three months ended in Mar. 2016 was 105.81.

JOUT' s Days Inventory Range Over the Past 10 Years
Min: 91.59   Max: 121.36
Current: 116.03

91.59
121.36

During the past 13 years, Johnson Outdoors Inc's highest Days Inventory was 121.36. The lowest was 91.59. And the median was 104.09.

JOUT's Days Inventory is ranked lower than
84% of the 675 Companies
in the Global Leisure industry.

( Industry Median: 25.79 vs. JOUT: 116.03 )

Johnson Outdoors Inc's days inventory increased from Mar. 2015 (91.16) to Mar. 2016 (105.81). It might indicate that Johnson Outdoors Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Johnson Outdoors Inc's days sales of inventory (DSI) for the three months ended in Mar. 2016 was 62.45.

Inventory turnover measures how fast the company turns over its inventory within a year. Johnson Outdoors Inc's inventory turnover for the three months ended in Mar. 2016 was 0.86.

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. Johnson Outdoors Inc's inventory to revenue ratio for the three months ended in Mar. 2016 was 0.68.


Definition

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

Johnson Outdoors Inc's Days Inventory for the fiscal year that ended in Sep. 2015 is calculated as

Days Inventory (A: Sep. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Sep. 2014 ) + Inventory (A: Sep. 2015 )) / 2 ) / COGS (A: Sep. 2015 )*Days in Period
=( (66.341 + 79.919) / 2 ) / 258.756*365
=73.13 / 258.756*365
=103.16

Johnson Outdoors Inc's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2015 ) + Inventory (Q: Mar. 2016 )) / 2 ) / COGS (Q: Mar. 2016 )*Days in Period
=( (93.898 + 89.769) / 2 ) / 79.197*365 / 4
=91.8335 / 79.197*365 / 4
=105.81

* 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).

Johnson Outdoors Inc's Days Sales of Inventory for the three months ended in Mar. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=91.8335/134.192*365 / 4
=62.45

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

Johnson Outdoors Inc's Inventory Turnover for the three months ended in Mar. 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.

Johnson Outdoors Inc's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=91.8335 / 134.192
=0.68

* 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.

Johnson Outdoors Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysInventory 91.59107.55121.36119.97106.18105.0199.74102.48101.42103.16

Johnson Outdoors Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysInventory 152.19104.4987.86123.59156.0891.1687.81138.94152.51105.81
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