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Ulta Salon Cosmetics & Fragrance Inc (NAS:ULTA)
Days Inventory
133.94 (As of Oct. 2016)

Ulta Salon Cosmetics & Fragrance Inc's average inventory for the three months ended in Oct. 2016 was $1,034 Mil. Ulta Salon Cosmetics & Fragrance Inc's cost of goods sold for the three months ended in Oct. 2016 was $704 Mil. Hence, Ulta Salon Cosmetics & Fragrance Inc's days inventory for the three months ended in Oct. 2016 was 133.94.

ULTA' s Days Inventory Range Over the Past 10 Years
Min: 72.91   Max: 114.67
Current: 114.67

72.91
114.67

During the past 13 years, Ulta Salon Cosmetics & Fragrance Inc's highest Days Inventory was 114.67. The lowest was 72.91. And the median was 87.56.

ULTA's Days Inventory is ranked lower than
62% of the 891 Companies
in the Global Specialty Retail industry.

( Industry Median: 89.52 vs. ULTA: 114.67 )

Ulta Salon Cosmetics & Fragrance Inc's days inventory increased from Oct. 2015 (126.15) to Oct. 2016 (133.94). It might indicate that Ulta Salon Cosmetics & Fragrance Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Ulta Salon Cosmetics & Fragrance Inc's days sales of inventory (DSI) for the three months ended in Oct. 2016 was 83.38.

Inventory turnover measures how fast the company turns over its inventory within a year. Ulta Salon Cosmetics & Fragrance Inc's inventory turnover for the three months ended in Oct. 2016 was 0.68.

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. Ulta Salon Cosmetics & Fragrance Inc's inventory to revenue ratio for the three months ended in Oct. 2016 was 0.91.


Definition

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

Ulta Salon Cosmetics & Fragrance Inc's Days Inventory for the fiscal year that ended in Jan. 2016 is calculated as

Days Inventory (A: Jan. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jan. 2015 ) + Inventory (A: Jan. 2016 )) / 2 ) / COGS (A: Jan. 2016 )*Days in Period
=( (581.229 + 761.793) / 2 ) / 2539.783*365
=671.511 / 2539.783*365
=96.50

Ulta Salon Cosmetics & Fragrance Inc's Days Inventory for the quarter that ended in Oct. 2016 is calculated as:

Days Inventory (Q: Oct. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jul. 2016 ) + Inventory (Q: Oct. 2016 )) / 2 ) / COGS (Q: Oct. 2016 )*Days in Period
=( (930.205 + 1137.023) / 2 ) / 704.179*365 / 4
=1033.614 / 704.179*365 / 4
=133.94

* 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).

Ulta Salon Cosmetics & Fragrance Inc's Days Sales of Inventory for the three months ended in Oct. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1033.614/1131.232*365 / 4
=83.38

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

Ulta Salon Cosmetics & Fragrance Inc's Inventory Turnover for the three months ended in Oct. 2016 is calculated as

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.

Ulta Salon Cosmetics & Fragrance Inc's Inventory to Revenue for the three months ended in Oct. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=1033.614 / 1131.232
=0.91

* 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

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

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

Ulta Salon Cosmetics & Fragrance Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysInventory 83.7588.6793.9990.7079.9972.9176.9686.4490.1196.50

Ulta Salon Cosmetics & Fragrance Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysInventory 103.08123.0484.39100.48109.45126.1590.57107.19118.25133.94
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