Sally Beauty Holdings (Sally Beauty Holdings) Days Inventory

: 194.92 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Sally Beauty Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $991 Mil. Sally Beauty Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $464 Mil. Hence, Sally Beauty Holdings's Days Inventory for the three months ended in Dec. 2023 was 194.92.

The historical rank and industry rank for Sally Beauty Holdings's Days Inventory or its related term are showing as below:

SBH' s Days Inventory Range Over the Past 10 Years
Min: 157.77 Med: 171.06 Max: 199.53
Current: 199.53

During the past 13 years, Sally Beauty Holdings's highest Days Inventory was 199.53. The lowest was 157.77. And the median was 171.06.

SBH's Days Inventory is ranked worse than
76.38% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 110.39 vs SBH: 199.53

Sally Beauty Holdings's Days Inventory increased from Dec. 2022 (187.30) to Dec. 2023 (194.92). It might indicate that Sally Beauty Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sally Beauty Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. Sally Beauty Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.06.

Sally Beauty Holdings Days Inventory Historical Data

The historical data trend for Sally Beauty Holdings'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.

Sally Beauty Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

176.13

179.32

160.11

173.97

190.64

Sally Beauty Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																187.30	203.68	201.98	197.79	194.92

Competitive Comparison

For the Specialty Retail subindustry, Sally Beauty Holdings'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.

Sally Beauty Holdings Days Inventory Distribution

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

* The bar in red indicates where Sally Beauty Holdings's Days Inventory falls into.

Sally Beauty Holdings Days Inventory Calculation

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

Sally Beauty Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (936.374	+	975.218)	/	2 )	/	1829.951	*	365
=	955.796					/	1829.951	*	365
=	190.64

Sally Beauty Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (975.218	+	1007.628)	/	2 )	/	464.126	*	365 / 4
=	991.423					/	464.126	*	365 / 4
=	194.92

Sally Beauty Holdings (NYSE:SBH) 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.

Sally Beauty Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	464.126	/	991.423
	=	0.47

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.

Sally Beauty Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	991.423	/	931.302
	=	1.06

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.

Sally Beauty Holdings Days Inventory Related Terms

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

Sally Beauty Holdings (Sally Beauty Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sally Beauty Holdings Inc (NYSE:SBH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

S7V:Germany

Address

3001 Colorado Boulevard, Denton, TX, USA, 76210

Website

https://www.sallybeautyholdings.com

Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.

Executives

Denise Paulonis	director, officer: President & CEO	8000 BENT BRANCH DRIVE, IRVING TX 75063
Lawrence Molloy	director	19601 N 27TH AVENUE, PHOENIX AZ 85027
Rachel Rothe Bishop	director	2021 SPRING ROAD, SUITE 600, OAKBROOK IL 60523
Jeffrey N Boyer	director	100 PIER 1 PLACE, FORT WORTH TX 76102
Susan R Mulder	director	3001 COLORADO BLVD., DENTON TX 76210
Scott C Sherman	officer: SVP & CHRO	3001 COLORADO BLVD., DENTON TX 76210
Robert R Mcmaster	director, other: Chairman of the Board	907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Platz Marlo Michelle Cormier	officer: SVP, CFO	2180 RUTHERFORD ROAD, CARLSBAD CA 92008
John A Miller	director	3001 COLORADO BLVD, DENTON TX 76210
Marshall E Eisenberg	director	TWO NORTH LASALLE STREET, CHICAGO IL 60602
Edward W Rabin	director	200 WEST MADISON STE.3900, CHICAGO IL 60606
Pamela K Kohn	officer: See Remarks	3001 COLORADO BLVD, DENTON TX 76210
Mark Gregory Spinks	officer: See Remarks	3001 COLORADO BLVD., DENTON TX 76210
Linda Heasley	director	4 BATTERYMARCH PARK, QUINCY MA 02169
John M Henrich	officer: See Remarks	3001 COLORADO BLVD, DENTON TX 76210