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The Valspar Corp (NYSE:VAL)
Days Inventory
73.22 (As of Apr. 2016)

The Valspar Corp's average inventory for the three months ended in Apr. 2016 was $526 Mil. The Valspar Corp's cost of goods sold for the three months ended in Apr. 2016 was $655 Mil. Hence, The Valspar Corp's days inventory for the three months ended in Apr. 2016 was 73.22.

VAL' s Days Inventory Range Over the Past 10 Years
Min: 41.03   Max: 56.6
Current: 67.97

41.03
56.6

During the past 13 years, The Valspar Corp's highest Days Inventory was 56.60. The lowest was 41.03. And the median was 46.85.

VAL's Days Inventory is ranked lower than
51% of the 1015 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 67.04 vs. VAL: 67.97 )

The Valspar Corp's days inventory increased from Apr. 2015 (66.87) to Apr. 2016 (73.22). It might indicate that The Valspar Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). The Valspar Corp's days sales of inventory (DSI) for the three months ended in Apr. 2016 was 45.41.

Inventory turnover measures how fast the company turns over its inventory within a year. The Valspar Corp's inventory turnover for the three months ended in Apr. 2016 was 1.25.

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. The Valspar Corp's inventory to revenue ratio for the three months ended in Apr. 2016 was 0.50.


Definition

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

The Valspar Corp's Days Inventory for the fiscal year that ended in Oct. 2014 is calculated as

Days Inventory (A: Oct. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Oct. 2013 ) + Inventory (A: Oct. 2014 )) / 2 ) / COGS (A: Oct. 2014 )*Days in Period
=( (438.982 + 486.262) / 2 ) / 2983.378*365
=462.622 / 2983.378*365
=56.60

The Valspar Corp's Days Inventory for the quarter that ended in Apr. 2016 is calculated as:

Days Inventory (Q: Apr. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jan. 2016 ) + Inventory (Q: Apr. 2016 )) / 2 ) / COGS (Q: Apr. 2016 )*Days in Period
=( (515.226 + 536.483) / 2 ) / 655.356*365 / 4
=525.8545 / 655.356*365 / 4
=73.22

* 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).

The Valspar Corp's Days Sales of Inventory for the three months ended in Apr. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=525.8545/1056.797*365 / 4
=45.41

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

The Valspar Corp's Inventory Turnover for the three months ended in Apr. 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.

The Valspar Corp's Inventory to Revenue for the three months ended in Apr. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=525.8545 / 1056.797
=0.50

* 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

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 own currency.

The Valspar Corp Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
DaysInventory 45.1345.9641.0348.9749.7646.0047.7053.1356.6060.26

The Valspar Corp Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysInventory 67.5460.9959.4157.0166.7966.8762.2759.8077.8173.22
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