Days Inventory is also known as Days Sales of Inventory (DSI). La-Z-Boy's Average Total Inventories for the
three
months ended in Jan. 2024 was $273 Mil. La-Z-Boy's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $287 Mil.
Hence, La-Z-Boy's Days Inventory for the
three
months ended in Jan. 2024 was 86.64.
The historical rank and industry rank for La-Z-Boy's Days Inventory or its related term are showing as below:
LZB'
s Days Inventory Range Over the Past 10 Years
Min: 59.96 Med: 67.7 Max: 90.85
Current: 90.85
During the past 13 years, La-Z-Boy's highest Days Inventory was 90.85. The lowest was 59.96. And the median was 67.70.
LZB's Days Inventory is ranked better than 58.02% of 405
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 106.06
vs LZB: 90.85
La-Z-Boy's Days Inventory
declined
from Jan. 2023 (87.46) to Jan. 2024 (86.64).
Inventory Turnover measures how fast the company turns over its inventory within a year.
La-Z-Boy's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.05.
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.
La-Z-Boy's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.54.
La-Z-Boy Days Inventory Historical Data
The historical data trend for La-Z-Boy's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
La-Z-Boy Annual Data
Trend
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Apr23
Days Inventory
66.81
70.31
74.87
67.05
78.87
La-Z-Boy Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
87.46
98.46
90.23
84.97
86.64
Competitive Comparison
For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
La-Z-Boy Days Inventory Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Days Inventory distribution charts can be found below:
* The bar in red indicates where La-Z-Boy's Days Inventory falls into.
La-Z-Boy Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
La-Z-Boy's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
La-Z-Boy (NYSE:LZB) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
La-Z-Boy's Inventory Turnover for the
three
months ended in Jan. 2024 is calculated as
2. 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.
La-Z-Boy's Inventory to Revenue for the
three
months ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange 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.
La-Z-Boy Days Inventory Related Terms
Thank you for viewing the detailed overview of La-Z-Boy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.
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