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RONA (RONAF) Days Inventory : 157.10 (As of Mar. 2016)


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What is RONA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RONA's Average Total Inventories for the three months ended in Mar. 2016 was $750 Mil. RONA's Cost of Goods Sold for the three months ended in Mar. 2016 was $436 Mil. Hence, RONA's Days Inventory for the three months ended in Mar. 2016 was 157.10.

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

RONAF's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.545
* Ranked among companies with meaningful Days Inventory only.

RONA's Days Inventory increased from Mar. 2015 (149.29) to Mar. 2016 (157.10). It might indicate that RONA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. RONA's Inventory Turnover for the three months ended in Mar. 2016 was 0.58.

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. RONA's Inventory-to-Revenue for the three months ended in Mar. 2016 was 1.21.


RONA Days Inventory Historical Data

The historical data trend for RONA'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.

RONA Days Inventory Chart

RONA Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.09 87.68 100.00 97.61 113.57

RONA Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 149.29 90.98 100.25 114.47 157.10

Competitive Comparison of RONA's Days Inventory

For the Home Improvement Retail subindustry, RONA'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.


RONA's Days Inventory Distribution in the Retail - Cyclical Industry

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

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



RONA Days Inventory Calculation

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

RONA'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
=( (710.785 + 691.192) / 2 ) / 2252.935*365
=700.9885 / 2252.935*365
=113.57

RONA's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (691.192 + 808.951) / 2 ) / 435.661*365 / 4
=750.0715 / 435.661*365 / 4
=157.10

* 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.


RONA  (OTCPK:RONAF) 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.

RONA's Inventory Turnover for the three months ended in Mar. 2016 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.

RONA's Inventory to Revenue for the three months ended in Mar. 2016 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.


RONA Days Inventory Related Terms

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


RONA (RONAF) Business Description

Traded in Other Exchanges
N/A
Address
Rona Inc founded on October 6, 1939, is engaged in the distribution and retail of hardware, home improvement and gardening products in Canada. The Company has three segments of activity in hardware, renovation and construction marketplace: distribution, retail and commercial and professional. The Company provides automotive products, building materials and accessories, decoration products, gutter and accessories, hand tools, hardware products, horticulture products, kitchen and bathroom products, lighting and electrical products, paint products, plumbing products, power tools, pre-seasonal products, storage and house ware products, tiling products, winter season products, and gift cards, as well as heating, ventilation, and air conditioning (HVAC) products. The Company also provides construction plans. The Company's model comprises of various store formats that address specific markets or consumer sectors and three ownership formulas.

RONA (RONAF) Headlines

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