Tumi Holdings (Tumi Holdings) Days Inventory : 169.23 (As of Jun. 2016)

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What is Tumi Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tumi Holdings's Average Total Inventories for the three months ended in Jun. 2016 was $113.8 Mil. Tumi Holdings's Cost of Goods Sold for the three months ended in Jun. 2016 was $61.3 Mil. Hence, Tumi Holdings's Days Inventory for the three months ended in Jun. 2016 was 169.23.

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

TUMI's Days Inventory is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.36
* Ranked among companies with meaningful Days Inventory only.

Tumi Holdings's Days Inventory increased from Jun. 2015 (149.40) to Jun. 2016 (169.23). It might indicate that Tumi Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tumi Holdings's Inventory Turnover for the three months ended in Jun. 2016 was 0.54.

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. Tumi Holdings's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.77.

Tumi Holdings Days Inventory Historical Data

The historical data trend for Tumi 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.

Tumi Holdings Days Inventory Chart

Tumi Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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145.43

140.90

138.61

139.58

156.18

Tumi Holdings Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Inventory	Get a 7-Day Free Trial															149.40	182.71	143.63	198.63	169.23

Competitive Comparison of Tumi Holdings's Days Inventory

For the Footwear & Accessories subindustry, Tumi 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.

Tumi Holdings's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tumi Holdings's Days Inventory distribution charts can be found below:

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

Tumi Holdings Days Inventory Calculation

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

Tumi Holdings's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (89.231	+	99.688)	/	2 )	/	220.755	*	365
=	94.4595					/	220.755	*	365
=	156.18

Tumi Holdings's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (113.604	+	113.907)	/	2 )	/	61.339	*	365 / 4
=	113.7555					/	61.339	*	365 / 4
=	169.23

Tumi Holdings (NYSE:TUMI) 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.

Tumi Holdings's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.339	/	113.7555
	=	0.54

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.

Tumi Holdings's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	113.7555	/	147.517
	=	0.77

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.

Tumi Holdings Days Inventory Related Terms

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

Tumi Holdings (Tumi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tumi Holdings Inc (NYSE:TUMI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tumi.com

Tumi Holdings Inc was incorporated in September 2004 in Delaware in connection with the acquisition. In 2004, Company was acquired by Doughty Hanson. Company is a designer, producer and marketer of a comprehensive line of travel and business products and accessories in multiple categories. The Company's product offerings include travel bags, business cases, totes, handbags, business and travel accessories and small leather goods. It design and market its products to, sophisticated professionals, frequent travelers and brand-conscious individuals. Company have significant and loyal consumer base with its typical consumer owning multiple Tumi products. As of December 31, 2013, Company distributed its products in over 75 countries through approximately 1,900 points of distribution. It utilizes multiple channels, including retail, wholesale and e-commerce. Its retail stores represent its core approach to brand-enhancing distribution, with locations in premium retail venues throughout the world including New York, Beverly Hills, San Francisco, Chicago, Paris, London, Rome, Tokyo, Munich, Moscow, Milan and Barcelona. In April 2012, the Company completed its IPO. Company evaluates its operating performance based on net sales and operating income in four operating segments: Direct-to-Consumer North America; Indirect-to-Consumer North America; Direct-to-Consumer International; and Indirect-to-Consumer International. In Direct-to-Consumer North America, Company sold its products directly to consumers through a network of 114 company-owned retail stores consisting of full-price stores and outlet stores strategically positioned in high-end retail malls or street venues and also through its e-commerce website. Indirect-to-Consumer North America, it sold to wholesale customers in North America through approximately 800 doors, including specialty luggage retailers, prestige department stores and business-to-business channels. Direct-to-Consumer International, it sold directly to consumers through a network of 16 company-owned full-price and outlet stores in high-end street venues and select malls in international locations. Indirect-to-Consumer International, it sold its products to international wholesale customers through approximately 1,000 doors, approximately 55% of which are in the EMEA region, 40% of which are in the Asia-Pacific region, and 5% of which are in Central and South America. Raw materials include, among others, ballistic nylon fabric, plastic injected molded parts, nylon and stainless steel zipper systems, aluminum handle tubing systems, leather, polycarbonate sheeting materials, high quality waxed linen, high quality textiles and other high tensile strength materials used in the construction of its products. Company's competitors include, Rimowa, Bally, Burberry, Dunhill, Ferragamo, Gucci, Louis Vuitton, Montblanc, Porsche, among others. Company's proprietary designs are protected by over 200 design or mechanical patents. Ma

Executives

Alex Smith	director	PIER 1 IMPORTS, INC, 100 PIER 1 PLACE, FORT WORTH TX 76102
Peter L Gray	officer: EVP and General Counsel	C/O TUMI HOLDINGS INC, 1001 DURHAM AVE, SOUTH PLAINFIELD NJ 07080
Jerome Griffith	director, officer: CEO and President	C/O TUMI, INC., 1001 DURHAM AVENUE, SOUTH PLAINFIELD NJ 07080
Michael J Mardy	director, officer: CFO and EVP
David Riley	officer: CAO and SVP, Finance	1100 WINTER STREET, SUITE 4600, WALTHAM MA 02451
Thomas H Johnson	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Joseph R Gromek	director	C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021

Tumi Holdings (Tumi Holdings) Headlines

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