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Regis (RGS) Days Inventory

: 3.15 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Regis's Average Total Inventories for the three months ended in Dec. 2023 was $1.1 Mil. Regis's Cost of Goods Sold for the three months ended in Dec. 2023 was $32.3 Mil. Hence, Regis's Days Inventory for the three months ended in Dec. 2023 was 3.15.

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

RGS' s Days Inventory Range Over the Past 10 Years
Min: 4.44   Med: 47.25   Max: 64.91
Current: 4.44

During the past 13 years, Regis's highest Days Inventory was 64.91. The lowest was 4.44. And the median was 47.25.

RGS's Days Inventory is ranked better than
81.4% of 86 companies
in the Personal Services industry
Industry Median: 15.245 vs RGS: 4.44

Regis's Days Inventory declined from Dec. 2022 (8.50) to Dec. 2023 (3.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Regis's Inventory Turnover for the three months ended in Dec. 2023 was 28.96.

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. Regis's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Regis Days Inventory Historical Data

The historical data trend for Regis'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.

Regis Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.16 58.81 45.43 20.60 5.58

Regis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 8.50 5.54 4.64 3.64 3.15

Competitive Comparison

For the Personal Services subindustry, Regis'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.


Regis Days Inventory Distribution

For the Personal Services industry and Consumer Cyclical sector, Regis's Days Inventory distribution charts can be found below:

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



Regis Days Inventory Calculation

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

Regis's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (3.109 + 1.681) / 2 ) / 156.783*365
=2.395 / 156.783*365
=5.58

Regis'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
=( (1.011 + 1.217) / 2 ) / 32.261*365 / 4
=1.114 / 32.261*365 / 4
=3.15

* 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.


Regis  (NAS:RGS) 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.

Regis's Inventory Turnover for the three months ended in Dec. 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.

Regis's Inventory to Revenue for the three months ended in Dec. 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.


Regis Days Inventory Related Terms

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


Regis (RGS) Business Description

Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 500, Minneapolis, MN, USA, 55416
Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.
Executives
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Devore Michelle St. Lawrence officer: SVP, Marketing 6119 BRANDEIS LANE, DALLAS TX 75214
Andra Jean Terrell officer: SVP, General Counsel 4922 MARLOS DRIVE NE, MARIETTA GA 30066
James Raymon Suarez officer: SVP Merchandising & Education 9043 VICTORIA DRIVE, EDEN PRAIRIE MN 55347
Michael Joseph Mansbach director 4051 BROAD STREET, SUITE 220, SAN LUIS OBISPO CA 93401
Lockie Andrews director 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
John C. Davi officer: EVP, Chief Technology Officer 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Springhill Investments Llc 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
James Grosfeld 10 percent owner C/O MERRILL LYNCH ASSET MANAGEMENT, 800 SCUDDERS MILL RD LEGAL ADVISORY 2-B, PLAINSBORO NJ 08536
James Grosfeld Trust 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
New Walnut Gp Llc 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Torch Brc, Lp 10 percent owner 405 LEXINGTON AVENUE, SUITE 839, SUITE 2215, NEW YORK NY 10174
Walnut Brc, L.p. 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jim Brian Lain officer: EVP & Chief Operating Officer 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
Michael Heath Ferranti officer: SVP, People and Culture 16011 RANCHITA DRIVE, DALLAS TX 75252