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Wal-Mart Stores Inc (NYSE:WMT)
Days Inventory
47.55 (As of Apr. 2014)

Wal-Mart Stores Inc's inventory for the three months ended in Apr. 2014 was $45,315 Mil. Wal-Mart Stores Inc's cost of goods sold for the three months ended in Apr. 2014 was $86,714 Mil. Hence, Wal-Mart Stores Inc's days inventory for the three months ended in Apr. 2014 was 47.55.

Wal-Mart Stores Inc's days inventory increased from Apr. 2013 (45.63) to Apr. 2014 (47.55). It might indicate that Wal-Mart Stores Inc's sales slowed down.

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 Apr. 2014 was 35.87.

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 Apr. 2014 was 1.91.

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 Apr. 2014 was 0.39.


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. 2014 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=44858/358069*365
=45.73

Wal-Mart Stores Inc's Days Inventory for the quarter that ended in Apr. 2014 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=45315/86714*91
=47.55

* 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 Apr. 2014 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=45315/114960*91
=35.87

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 Apr. 2014 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 Apr. 2014 is calculated as

Inventory to Revenue=Inventory / Revenue
=45315 / 114960
=0.39

* 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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
DaysInventory 48.9048.8846.5544.8241.1439.7342.0444.3445.3645.73

Wal-Mart Stores Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysInventory 44.1043.0950.5341.4745.6344.5352.1441.6747.5545.95
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