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Finish Line (Finish Line) Days Inventory : 84.73 (As of Feb. 2018)


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What is Finish Line Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Finish Line's Average Total Inventories for the three months ended in Feb. 2018 was $357 Mil. Finish Line's Cost of Goods Sold for the three months ended in Feb. 2018 was $384 Mil. Hence, Finish Line's Days Inventory for the three months ended in Feb. 2018 was 84.73.

The historical rank and industry rank for Finish Line's Days Inventory or its related term are showing as below:

FINL's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.73
* Ranked among companies with meaningful Days Inventory only.

Finish Line's Days Inventory increased from Feb. 2017 (84.56) to Feb. 2018 (84.73). It might indicate that Finish Line's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finish Line's Inventory Turnover for the three months ended in Feb. 2018 was 1.08.

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. Finish Line's Inventory-to-Revenue for the three months ended in Feb. 2018 was 0.64.


Finish Line Days Inventory Historical Data

The historical data trend for Finish Line'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.

Finish Line Days Inventory Chart

Finish Line Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.06 99.96 101.51 95.63 91.17

Finish Line Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.56 101.49 87.41 113.64 84.73

Competitive Comparison of Finish Line's Days Inventory

For the Specialty Retail subindustry, Finish Line'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.


Finish Line's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Finish Line's Days Inventory distribution charts can be found below:

* The bar in red indicates where Finish Line's Days Inventory falls into.



Finish Line Days Inventory Calculation

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

Finish Line's Days Inventory for the fiscal year that ended in Feb. 2018 is calculated as

Days Inventory (A: Feb. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2017 ) + Total Inventories (A: Feb. 2018 )) / count ) / Cost of Goods Sold (A: Feb. 2018 )*Days in Period
=( (331.146 + 321.742) / 2 ) / 1306.859*365
=326.444 / 1306.859*365
=91.17

Finish Line's Days Inventory for the quarter that ended in Feb. 2018 is calculated as:

Days Inventory (Q: Feb. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2017 ) + Total Inventories (Q: Feb. 2018 )) / count ) / Cost of Goods Sold (Q: Feb. 2018 )*Days in Period
=( (392.099 + 321.742) / 2 ) / 384.377*365 / 4
=356.9205 / 384.377*365 / 4
=84.73

* 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.


Finish Line  (NAS:FINL) 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.

Finish Line's Inventory Turnover for the three months ended in Feb. 2018 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.

Finish Line's Inventory to Revenue for the three months ended in Feb. 2018 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.


Finish Line Days Inventory Related Terms

Thank you for viewing the detailed overview of Finish Line's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Finish Line (Finish Line) Business Description

Traded in Other Exchanges
N/A
Address
Finish Line is a United States-based specialty retailer that is principally engaged in the sale of athletic footwear, apparel, and accessories, with presence in the United States, Puerto Rico, and the District of Columbia. The company operates business through physical stores and digital formats under two brands: Finish Line and JackRabbit. Finish Line is a mall-based retailer offering brand names including Nike, Brand Jordan, Adidas, Under Armour, and Puma. JackRabbit is a lifestyle community-based retailer offering brand names, such as Brooks, Asics, Nike, Saucony, New Balance, and others. The company also operates unbranded stores at Macy's, without Finish Line signage. The company generates the majority of its total net sales from the Finish Line division.
Executives
Torrence Boone director 3308 N MITTHOEFFER, INDIANAPOLIS IN 46235
Richard P Crystal director THE FINISH LINE 3308 N. MITTHOEFFER RD. INDIANAPOLIS IN 46235
William P Carmichael director 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Imran Jooma officer: EVP, Div Pres, Omni Strat 3333 BEVERLY ROAD HOFFMAN ESTATES IL 60179
Alan H Cohen director, 10 percent owner, officer: Chairman of the Board 3308 MITTHOEFFER RD, C/O THE FINISH LINE INC, INDIANAPOLIS IN 46236
Schultze Asset Management, Llc 10 percent owner 3000 WESTCHESTER AVENUE, PURCHASE NY 10577
George J Schultze 10 percent owner C/O SCHULTZE ASSET MANAGEMENT, LLC, 3000 WESTCHESTER AVENUE, PURCHASE NY 10577
Kevin S Wampler officer: Executive Vice President - CFO 3308 N MITTHOEFFER RD, INDIANAPOLIS IN 46235
Jeffrey H Smulyan director

Finish Line (Finish Line) Headlines

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