Switch to:
Smith & Wesson Holding Corp (NAS:SWHC)
Days Inventory
78.40 (As of Apr. 2014)

Smith & Wesson Holding Corp's inventory for the three months ended in Apr. 2014 was \$86.7 Mil. Smith & Wesson Holding Corp's cost of goods sold for the three months ended in Apr. 2014 was \$100.7 Mil. Hence, Smith & Wesson Holding Corp's days inventory for the three months ended in Apr. 2014 was 78.40.

Smith & Wesson Holding Corp's days inventory increased from Apr. 2013 (51.99) to Apr. 2014 (78.40). It might indicate that Smith & Wesson Holding Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Smith & Wesson Holding Corp's days sales of inventory (DSI) for the three months ended in Apr. 2014 was 46.32.

Inventory turnover measures how fast the company turns over its inventory within a year. Smith & Wesson Holding Corp's inventory turnover for the three months ended in Apr. 2014 was 1.16.

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. Smith & Wesson Holding Corp's inventory to revenue ratio for the three months ended in Apr. 2014 was 0.51.

Definition

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

Smith & Wesson Holding Corp's Days Inventory for the fiscal year that ended in Apr. 2014 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 86.742 / 367.515 * 365 = 86.15

Smith & Wesson Holding Corp's Days Inventory for the quarter that ended in Apr. 2014 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 86.742 / 100.681 * 91 = 78.40

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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).

Smith & Wesson Holding Corp's Days Sales of Inventory for the three months ended in Apr. 2014 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 86.742 / 170.425 * 91 = 46.32

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

Smith & Wesson Holding Corp's Inventory Turnover for the three months ended in Apr. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 100.681 / 86.742 = 1.16

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.

Smith & Wesson Holding Corp's Inventory to Revenue for the three months ended in Apr. 2014 is calculated as

 Inventory to Revenue = Inventory / Revenue = 86.742 / 170.425 = 0.51

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Smith & Wesson Holding Corp Annual Data

 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 DaysInventory 85.52 63.13 72.95 84.57 64.05 67.38 79.47 71.07 62.24 86.15

Smith & Wesson Holding Corp Quarterly Data

 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 DaysInventory 80.36 60.64 67.45 67.49 72.97 51.99 58.57 85.30 90.56 78.40
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)