GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chico's FAS Inc (NYSE:CHS) » Definitions » Total Inventories

Chico's FAS (Chico's FAS) Total Inventories : $343 Mil (As of Oct. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Chico's FAS Total Inventories?

Chico's FAS's total inventories for the quarter that ended in Oct. 2023 was $343 Mil. Chico's FAS's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was $321 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chico's FAS's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-4.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chico's FAS's Days Inventory for the three months ended in Oct. 2023 was 95.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chico's FAS's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.96.

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. Chico's FAS's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.64.


Chico's FAS Total Inventories Historical Data

The historical data trend for Chico's FAS's Total Inventories 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.

* Premium members only.

Chico's FAS Total Inventories Chart

Chico's FAS Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.22 246.74 203.98 323.39 276.84

Chico's FAS Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 304.13 276.84 293.78 300.15 342.72

Chico's FAS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Chico's FAS  (NYSE:CHS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Chico's FAS's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

Net-Net Working Capital Per Share (Q: Oct. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(126.646+0.75 * 0+0.5 * 342.721-842.12
-0-0)/123.447
=-4.41

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

Chico's FAS's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=321.436/308.677*365 / 4
=95.02

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

Chico's FAS's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=308.677 / 321.436
=0.96

4. 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.

Chico's FAS's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=321.436 / 505.126
=0.64

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Chico's FAS Total Inventories Related Terms

Thank you for viewing the detailed overview of Chico's FAS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Chico's FAS (Chico's FAS) Business Description

Traded in Other Exchanges
N/A
Address
11215 Metro Parkway, Fort Myers, FL, USA, 33966
Chico's FAS Inc is an apparel retailer with a portfolio of private-label brands that sell women's clothing and accessories. Brands include Chico's, White House/Black Market, and Soma Intimates. The majority of revenue is derived from Chico's brand. The brands generally target the needs of fashion-savvy women with moderate-to-high household income levels. It sells directly to the consumer through its retail stores, websites, and telephone call centers. The company sources the majority of its product from foreign manufacturers and distributes all products from its distribution center in Georgia.
Executives
Bonnie R. Brooks director 6301 FITCH PATH, NEW ALBANY OH 43054
Eli Kumekpor director 11215 METRO PARKWAY, FORT MYERS FL 33966
Patrick J Guido officer: EVP - Chief Financial Officer C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Wendy L Hufford officer: SVP - General Counsel C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Kevin Mansell director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
Topper Joseph R. Jr. officer: EVP - Chief Digital Officer 3113 WOODCREEK DR., DOWNERS GROVE IL 60515
Kristin Gwinner officer: SVP, Human Resources 11215 METRO PARKWAY, FORT MYERS FL 33966
Gregory S Baker officer: SVP & General Counsel 11215 METRO PARKWAY, FORT MYERS FL 33966
Molly Langenstein officer: President, Apparel Group C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
David M Oliver officer: Chief Accounting Officer 10930 SPOON RIDGE, EDEN PRAIRIE MN 55347
Stephen E Watson director 700 PILGRIM WAY, GREENBAY WI 54304
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Jennifer L Ellis officer: Interim CFO 11215 METRO PKWY, FORT MYERS FL 33966
Kimberly Roy Tofalli director C/O WEIGHT WATCHERS INTERNATIONAL, INC., 11 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10010