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Pep Boys - Manny Moe & Jack (NYSE:PBY)
Days Inventory
148.13 (As of Oct. 2015)

Pep Boys - Manny Moe & Jack's average inventory for the three months ended in Oct. 2015 was \$634 Mil. Pep Boys - Manny Moe & Jack's cost of goods sold for the three months ended in Oct. 2015 was \$390 Mil. Hence, Pep Boys - Manny Moe & Jack's days inventory for the three months ended in Oct. 2015 was 148.13.

Pep Boys - Manny Moe & Jack's days inventory declined from Oct. 2014 (151.64) to Oct. 2015 (148.13).

Inventory can be measured by Days Sales of Inventory (DSI). Pep Boys - Manny Moe & Jack's days sales of inventory (DSI) for the three months ended in Oct. 2015 was 113.79.

Inventory turnover measures how fast the company turns over its inventory within a year. Pep Boys - Manny Moe & Jack's inventory turnover for the three months ended in Oct. 2015 was 0.62.

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. Pep Boys - Manny Moe & Jack's inventory to revenue ratio for the three months ended in Oct. 2015 was 1.25.

Definition

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

Pep Boys - Manny Moe & Jack's Days Inventory for the fiscal year that ended in Jan. 2015 is calculated as

 Days Inventory (A: Jan. 2015 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Jan. 2014 ) + Inventory (A: Jan. 2015 )) / 2 ) / COGS (A: Jan. 2015 ) * Days in Period = ( (672.354 + 656.957) / 2 ) / 1609.159 * 365 = 664.6555 / 1609.159 * 365 = 150.76

Pep Boys - Manny Moe & Jack's Days Inventory for the quarter that ended in Oct. 2015 is calculated as:

 Days Inventory (Q: Oct. 2015 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Jul. 2015 ) + Inventory (Q: Oct. 2015 )) / 2 ) / COGS (Q: Oct. 2015 ) * Days in Period = ( (636.692 + 630.608) / 2 ) / 390.339 * 365 / 4 = 633.65 / 390.339 * 365 / 4 = 148.13

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Pep Boys - Manny Moe & Jack's Days Sales of Inventory for the three months ended in Oct. 2015 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 633.65 / 508.136 * 365 / 4 = 113.79

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

Pep Boys - Manny Moe & Jack's Inventory Turnover for the three months ended in Oct. 2015 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 390.339 / 633.65 = 0.62

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.

Pep Boys - Manny Moe & Jack's Inventory to Revenue for the three months ended in Oct. 2015 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 633.65 / 508.136 = 1.25

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Pep Boys - Manny Moe & Jack Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 DaysInventory 130.36 133.08 129.07 140.53 143.97 139.84 138.40 143.26 151.80 150.76

Pep Boys - Manny Moe & Jack Quarterly Data

 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 DaysInventory 152.27 156.12 155.76 150.24 150.36 151.64 150.04 146.14 147.31 148.13
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