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Ulta Beauty (Ulta Beauty) Days Inventory

: 83.75 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Ulta Beauty's Average Total Inventories for the three months ended in Jan. 2024 was $2,032 Mil. Ulta Beauty's Cost of Goods Sold for the three months ended in Jan. 2024 was $2,214 Mil. Hence, Ulta Beauty's Days Inventory for the three months ended in Jan. 2024 was 83.75.

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

ULTA' s Days Inventory Range Over the Past 10 Years
Min: 89.44   Med: 96.77   Max: 106.9
Current: 98.75

During the past 13 years, Ulta Beauty's highest Days Inventory was 106.90. The lowest was 89.44. And the median was 96.77.

ULTA's Days Inventory is ranked better than
54.83% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 110.39 vs ULTA: 98.75

Ulta Beauty's Days Inventory declined from Jan. 2023 (84.22) to Jan. 2024 (83.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ulta Beauty's Inventory Turnover for the three months ended in Jan. 2024 was 1.09.

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. Ulta Beauty's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.57.


Ulta Beauty Days Inventory Historical Data

The historical data trend for Ulta Beauty'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.

Ulta Beauty Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.04 106.90 92.51 91.86 89.44

Ulta Beauty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 84.22 96.91 105.93 126.09 83.75

Competitive Comparison

For the Specialty Retail subindustry, Ulta Beauty'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.


Ulta Beauty Days Inventory Distribution

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

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



Ulta Beauty Days Inventory Calculation

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

Ulta Beauty's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (1603.451 + 1742.136) / 2 ) / 6826.203*365
=1672.7935 / 6826.203*365
=89.44

Ulta Beauty's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2321.306 + 1742.136) / 2 ) / 2213.734*365 / 4
=2031.721 / 2213.734*365 / 4
=83.75

* 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.


Ulta Beauty  (NAS:ULTA) 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.

Ulta Beauty's Inventory Turnover for the three months ended in Jan. 2024 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.

Ulta Beauty's Inventory to Revenue for the three months ended in Jan. 2024 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.


Ulta Beauty Days Inventory Related Terms

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


Ulta Beauty (Ulta Beauty) Business Description

Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Executives
Lorna Nagler director 2400 XENIUM LANE NORTH, PLYMOUTH MN 55441
Jodi J Caro officer: GC and Corporate Secretary 130 EAST RANDOLPH STREET, CHICAGO IL 60601
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Kelly E Garcia director 30 FRANK LLOYD WRIGH DR, ANN ARBOR MI 48105
Heidi G Petz director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael R Macdonald director 810 DSW DRIVE, COLUMBUS OH 43219
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
Anita Jane Ryan officer: Chief Human Resources Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
David C Kimbell director, officer: Chief Executive Officer 8410 W. BRYN MAWR, CHICAGO IL 60631
Scott M Settersten officer: Chief Financial Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Kecia Steelman officer: Chief Operating Officer 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440