Vera Bradley (Vera Bradley) Days Inventory

: 177.42 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). Vera Bradley's Average Total Inventories for the three months ended in Jan. 2024 was $123.7 Mil. Vera Bradley's Cost of Goods Sold for the three months ended in Jan. 2024 was $63.6 Mil. Hence, Vera Bradley's Days Inventory for the three months ended in Jan. 2024 was 177.42.

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

VRA' s Days Inventory Range Over the Past 10 Years
Min: 172.93 Med: 186.08 Max: 238.55
Current: 228.74

During the past 13 years, Vera Bradley's highest Days Inventory was 238.55. The lowest was 172.93. And the median was 186.08.

VRA's Days Inventory is ranked worse than
78.38% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs VRA: 228.74

Vera Bradley's Days Inventory increased from Jan. 2023 (168.03) to Jan. 2024 (177.42). It might indicate that Vera Bradley's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vera Bradley's Inventory Turnover for the three months ended in Jan. 2024 was 0.51.

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. Vera Bradley's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.93.

Vera Bradley Days Inventory Historical Data

The historical data trend for Vera Bradley'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.

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Vera Bradley Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Inventory

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175.78

238.55

206.92

200.78

221.81

Vera Bradley Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															168.03	305.16	229.15	235.62	177.42

Competitive Comparison

For the Footwear & Accessories subindustry, Vera Bradley'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.

Vera Bradley Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Bradley's Days Inventory distribution charts can be found below:

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

Vera Bradley Days Inventory Calculation

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

Vera Bradley'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
=	( (142.275	+	118.278)	/	2 )	/	214.373	*	365
=	130.2765					/	214.373	*	365
=	221.81

Vera Bradley'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
=	( (129.14	+	118.278)	/	2 )	/	63.624	*	365 / 4
=	123.709					/	63.624	*	365 / 4
=	177.42

Vera Bradley (NAS:VRA) 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.

Vera Bradley's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.624	/	123.709
	=	0.51

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.

Vera Bradley's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	123.709	/	133.265
	=	0.93

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.

Vera Bradley Days Inventory Related Terms

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

Vera Bradley (Vera Bradley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vera Bradley Inc (NAS:VRA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12420 Stonebridge Road, Roanoke, IN, USA, 46783

Website

https://www.verabradley.com

Vera Bradley Inc designs women's handbags, travel items, and accessories. Each category comprises a substantial component of total sales, with the bags category comprising the Most. Most of the company's sales are made directly to customers through Vera Bradley's retail stores and e-commerce sites. The company also has a substantial wholesale business selling to specialty retail and department stores. Almost all company sales are in the United States. Vera Bradley uses third-party manufacturers in Asia to produce its product, and the company distributes the product through its distribution center in Indiana.

Executives

Mary Lou Kelley	director	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Michael Schwindle	officer: CHIEF FINANCIAL OFFICER	2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Alison Hiatt	officer: Chief Marketing Officer	C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
Jacqueline Ardrey	director, officer: President and CEO	C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
Frances P Philip	director	ONE ALBION ROAD, LINCOLN RI 02865
Edward M Schmults	director	C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Robert Wallstrom	director, officer: President & Chief Exec Officer	12 E. 49TH STREET, NEW YORK NY 10017
Daren Hull	officer: Chief Customer Officer	C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
John Enwright	officer: VP, Interim Chief Fin. Officer	C/O VERA BRADLEY, INC., 12420 STONEBRIDGE RD., ROANOKE IN 46873
Mark C Dely	officer: VP - Chief Legal Off. and Sec.	4300 NEW GETWELL RD, MEMPHIS TN 38118
P. Michael Miller	director, 10 percent owner	C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Patricia R. Miller	director, 10 percent owner	C/O VERA BRADLEY, INC., 2208 PRODUCTION ROAD, FORT WAYNE IN 46808
Nancy Twine	director	C/O VERA BRADLEY, INC., 12420 STONEBRIDGE ROAD, ROANOKE IN 46783
James Bradley Byrne	10 percent owner	12 CHURCHILL ROAD, MARBLEHEAD MA 01945
Byrne Thomas Farrell Ii	10 percent owner	13114 PERRY LAKE COURT, FORT WAYNE IN 46845