Switch to:
New York & Company Inc (NYSE:NWY)
Days Inventory
49.36 (As of Jul. 2014)

New York & Company Inc's average inventory for the three months ended in Jul. 2014 was $89.0 Mil. New York & Company Inc's cost of goods sold for the three months ended in Jul. 2014 was $164.1 Mil. Hence, New York & Company Inc's days inventory for the three months ended in Jul. 2014 was 49.36.

New York & Company Inc's days inventory increased from Jul. 2013 (46.63) to Jul. 2014 (49.36). It might indicate that New York & Company Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). New York & Company Inc's days sales of inventory (DSI) for the three months ended in Jul. 2014 was 35.84.

Inventory turnover measures how fast the company turns over its inventory within a year. New York & Company Inc's inventory turnover for the three months ended in Jul. 2014 was 1.84.

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. New York & Company Inc's inventory to revenue ratio for the three months ended in Jul. 2014 was 0.39.


Definition

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

New York & Company Inc's Days Inventory for the fiscal year that ended in Jan. 2014 is calculated as

Days Inventory
=( (Inventory (A: Jan. 2013 )+Inventory (A: Jan. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (80.198+83.479)/ 2 )/674.793*365
=81.8385/674.793*365
=44.27

New York & Company Inc's Days Inventory for the quarter that ended in Jul. 2014 is calculated as:

Days Inventory
=( (Inventory (Q: Apr. 2014 )+Inventory (Q: Jul. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (93.162+84.896)/ 2 )/164.148*91
=89.029/164.148*91
=49.36

* 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).

New York & Company Inc's Days Sales of Inventory for the three months ended in Jul. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=89.029/226.066*91
=35.84

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

New York & Company Inc's Inventory Turnover for the three months ended in Jul. 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.

New York & Company Inc's Inventory to Revenue for the three months ended in Jul. 2014 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=89.029 / 226.066
=0.39

* 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.

New York & Company Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysInventory 45.8648.5049.0145.8645.1746.4539.1540.5842.0244.27

New York & Company Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysInventory 49.8447.4556.3642.5446.5646.6359.6948.4651.0749.36
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)
Free 7-day Trial
FEEDBACK