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Staples (Staples) Days Inventory : 54.80 (As of Jul. 2017)


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What is Staples Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Staples's Average Total Inventories for the three months ended in Jul. 2017 was $1,747 Mil. Staples's Cost of Goods Sold for the three months ended in Jul. 2017 was $2,908 Mil. Hence, Staples's Days Inventory for the three months ended in Jul. 2017 was 54.80.

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

SPLS's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.73
* Ranked among companies with meaningful Days Inventory only.

Staples's Days Inventory declined from Jul. 2016 (65.47) to Jul. 2017 (54.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Staples's Inventory Turnover for the three months ended in Jul. 2017 was 1.67.

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. Staples's Inventory-to-Revenue for the three months ended in Jul. 2017 was 0.45.


Staples Days Inventory Historical Data

The historical data trend for Staples'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.

Staples Days Inventory Chart

Staples Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.42 49.60 55.73 51.82 47.73

Staples Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 65.47 49.59 77.75 49.92 54.80

Competitive Comparison of Staples's Days Inventory

For the Specialty Retail subindustry, Staples'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.


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

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

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



Staples Days Inventory Calculation

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

Staples's Days Inventory for the fiscal year that ended in Jan. 2017 is calculated as

Days Inventory (A: Jan. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2016 ) + Total Inventories (A: Jan. 2017 )) / count ) / Cost of Goods Sold (A: Jan. 2017 )*Days in Period
=( (1791 + 1737) / 2 ) / 13489*365
=1764 / 13489*365
=47.73

Staples's Days Inventory for the quarter that ended in Jul. 2017 is calculated as:

Days Inventory (Q: Jul. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Jul. 2017 )) / count ) / Cost of Goods Sold (Q: Jul. 2017 )*Days in Period
=( (1623 + 1870) / 2 ) / 2908*365 / 4
=1746.5 / 2908*365 / 4
=54.80

* 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.


Staples  (NAS:SPLS) 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.

Staples's Inventory Turnover for the three months ended in Jul. 2017 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.

Staples's Inventory to Revenue for the three months ended in Jul. 2017 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.


Staples Days Inventory Related Terms

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


Staples (Staples) Business Description

Traded in Other Exchanges
N/A
Address
Staples is an American retailer with online and delivery capabilities. Staples offers products in categories: technology, facilities and breakroom, furniture, safety, medical, copy and print, and Staples EasyTech services. Staples operates throughout North and South America, Europe, Asia, Australia, and New Zealand. The company divides its business into three segments: North American stores and online, North American commercial, and international operations. The product offering includes Staples, Quill, and other proprietary branded products. Staples' product price points are generally low.
Executives
Shira Goodman director, officer: CEO C/O CARMAX, 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238
John F Lundgren director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Deborah A Henretta director ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert E Sulentic director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Kunal Kamlani director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Christine T Komola officer: Chief Financial Officer 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Drew G Faust director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Curtis F Feeny director C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Joseph Doody officer: Vice Chairman CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Carol Meyrowitz director TJX COMPANIES INC, 770 COCHITUATE RD, FRAMINGHAM MA 01701
Ronald Sargent director, officer: Chairman and CEO 1014 VINE STREET, CINCINNATI OH 45202
Demos Parneros officer: President, NA Stores & Online 483 BAY ST, 7TH FL NORTH TOWER, TORONTOON A1 999999999
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Basil Anderson director

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