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Express, (Express,) Days Inventory : 118.74 (As of Oct. 2023)


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What is Express, Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Express,'s Average Total Inventories for the three months ended in Oct. 2023 was $448 Mil. Express,'s Cost of Goods Sold for the three months ended in Oct. 2023 was $345 Mil. Hence, Express,'s Days Inventory for the three months ended in Oct. 2023 was 118.74.

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

EXPRQ' s Days Inventory Range Over the Past 10 Years
Min: 51.97   Med: 60.26   Max: 106.67
Current: 106.67

During the past 13 years, Express,'s highest Days Inventory was 106.67. The lowest was 51.97. And the median was 60.26.

EXPRQ's Days Inventory is ranked better than
51.5% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs EXPRQ: 106.67

Express,'s Days Inventory increased from Oct. 2022 (111.89) to Oct. 2023 (118.74). It might indicate that Express,'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Express,'s Inventory Turnover for the three months ended in Oct. 2023 was 0.77.

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. Express,'s Inventory-to-Revenue for the three months ended in Oct. 2023 was 0.99.


Express, Days Inventory Historical Data

The historical data trend for Express,'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.

Express, Days Inventory Chart

Express, Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.24 60.65 72.90 86.69 98.99

Express, Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 111.89 91.86 101.77 103.89 118.74

Competitive Comparison of Express,'s Days Inventory

For the Apparel Retail subindustry, Express,'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.


Express,'s Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Express,'s Days Inventory falls into.



Express, Days Inventory Calculation

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

Express,'s Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

Days Inventory (A: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (358.795 + 365.649) / 2 ) / 1335.588*365
=362.222 / 1335.588*365
=98.99

Express,'s Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (415.81 + 480.867) / 2 ) / 344.546*365 / 4
=448.3385 / 344.546*365 / 4
=118.74

* 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.


Express,  (OTCPK:EXPRQ) 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.

Express,'s Inventory Turnover for the three months ended in Oct. 2023 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.

Express,'s Inventory to Revenue for the three months ended in Oct. 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.


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.


Express, Days Inventory Related Terms

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


Express, (Express,) Business Description

Traded in Other Exchanges
N/A
Address
1 Express Drive, Columbus, OH, USA, 43230
Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.
Executives
Stewart Glendinning director, officer: Chief Executive Officer 1 EXPRESS DRIVE, COLUMBUS OH 43230
Yehuda Shmidman director C/O ICONIX BRAND GROUP, INC., 1450 BROADWAY, 4TH FLOOR, NEW YORK NY 10018
Satish Mehta director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Jason N Judd officer: SVP, CFO and Treasurer 50 N THIRD ST, NEWARK OH 43055
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Antonio Lucio director C/O EXPRESS INC., 1 EXPRESS DRIVE, COLUMBUS OH 43230
Laurel Krueger officer: Chief Legal Officer & Corp Sec ONE EXPRESS DRIVE, COLUMBUS OH 43230
Periclis Pericleous officer: SVP, CFO and Treasurer 1 EXPRESS DR., COLUMBUS OH 43230
Matthew C Moellering officer: EVP, CAO,CFO, Treasurer & Sec. C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Malissa Akay officer: EVP, Chief Merch. Officer 1 EXPRESS DR., COLUMBUS OH 43230
Sara Tervo officer: EVP, Chief Marketing Officer 1 EXPRESS DR., COLUMBUS OH 43230
Timothy G Baxter director, officer: Chief Executive Officer C/O EXPRESS, INC., 1 EXPRESS DR., COLUMBUS OH 43230
Contrarius Investment Management Ltd 10 percent owner 2 BOND STREET, ST. HELIER Y9 JE2 3NP
Contrarius Investment Management (bermuda) Ltd 10 percent owner VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON D0 HM 10
James A Hilt officer: EVP, CMO, and ECommerce 1 EXPRESS DRIVE, COLUMBUS OH 43230

Express, (Express,) Headlines

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