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Wal-Mart Stores Inc (NYSE:WMT)
Days Inventory
44.85 (As of Jul. 2016)

Wal-Mart Stores Inc's average inventory for the three months ended in Jul. 2016 was $43,983 Mil. Wal-Mart Stores Inc's cost of goods sold for the three months ended in Jul. 2016 was $89,485 Mil. Hence, Wal-Mart Stores Inc's days inventory for the three months ended in Jul. 2016 was 44.85.

WMT' s Days Inventory Range Over the Past 10 Years
Min: 40   Max: 45.35
Current: 46.2

40
45.35

During the past 13 years, Wal-Mart Stores Inc's highest Days Inventory was 45.35. The lowest was 40.00. And the median was 43.83.

WMT's Days Inventory is ranked lower than
58% of the 354 Companies
in the Global Discount Stores industry.

( Industry Median: 39.79 vs. WMT: 46.20 )

Wal-Mart Stores Inc's days inventory declined from Jul. 2015 (46.26) to Jul. 2016 (44.85).

Inventory can be measured by Days Sales of Inventory (DSI). Wal-Mart Stores Inc's days sales of inventory (DSI) for the three months ended in Jul. 2016 was 33.21.

Inventory turnover measures how fast the company turns over its inventory within a year. Wal-Mart Stores Inc's inventory turnover for the three months ended in Jul. 2016 was 2.03.

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. Wal-Mart Stores Inc's inventory to revenue ratio for the three months ended in Jul. 2016 was 0.36.


Definition

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

Wal-Mart Stores 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
=( (45141 + 44469) / 2 ) / 360984*365
=44805 / 360984*365
=45.30

Wal-Mart Stores Inc's Days Inventory for the quarter that ended in Jul. 2016 is calculated as:

Days Inventory (Q: Jul. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Apr. 2016 ) + Inventory (Q: Jul. 2016 )) / 2 ) / COGS (Q: Jul. 2016 )*Days in Period
=( (44513 + 43453) / 2 ) / 89485*365 / 4
=43983 / 89485*365 / 4
=44.85

* 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).

Wal-Mart Stores Inc's Days Sales of Inventory for the three months ended in Jul. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=43983/120854*365 / 4
=33.21

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

Wal-Mart Stores Inc's Inventory Turnover for the three months ended in Jul. 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.

Wal-Mart Stores Inc's Inventory to Revenue for the three months ended in Jul. 2016 is calculated as

* 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.

Wal-Mart Stores Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
DaysInventory 45.3543.8841.8240.3040.0041.9743.7845.1944.9945.30

Wal-Mart Stores Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysInventory 47.4446.0149.5644.4948.2546.2649.9444.7746.9144.85
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