GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dick's Sporting Goods Inc (NYSE:DKS) » Definitions » Total Inventories

Dick's Sporting Goods (Dick's Sporting Goods) Total Inventories : $2,849 Mil (As of Jan. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Dick's Sporting Goods Total Inventories?

Dick's Sporting Goods's total inventories for the quarter that ended in Jan. 2024 was $2,849 Mil. Dick's Sporting Goods's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $3,066 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dick's Sporting Goods's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-42.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dick's Sporting Goods's Days Inventory for the three months ended in Jan. 2024 was 110.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dick's Sporting Goods's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.83.

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. Dick's Sporting Goods's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.79.


Dick's Sporting Goods Total Inventories Historical Data

The historical data trend for Dick's Sporting Goods'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.

Dick's Sporting Goods Total Inventories Chart

Dick's Sporting Goods Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,202.28 1,953.57 2,297.61 2,830.92 2,848.80

Dick's Sporting Goods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,830.92 3,034.20 2,851.37 3,282.91 2,848.80

Dick's Sporting Goods 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.


Dick's Sporting Goods  (NYSE:DKS) 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.

Dick's Sporting Goods's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1801.22+0.75 * 114.877+0.5 * 2848.797-6694.471
-0-0)/80.4078
=-42.07

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

Dick's Sporting Goods's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=3065.854/2541.992*365 / 4
=110.06

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

Dick's Sporting Goods's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=2541.992 / 3065.854
=0.83

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.

Dick's Sporting Goods's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=3065.854 / 3876.171
=0.79

* 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.


Dick's Sporting Goods Total Inventories Related Terms

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


Dick's Sporting Goods (Dick's Sporting Goods) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Executives
Lawrence J Schorr director 200 PLAZA DRIVE, VESTAL NY 13850
Vladimir Rak officer: EVP, Chief Technology Officer 345 COURT STREET, CORAOPOLIS PA 15108
Julie Lodge-jarrett officer: SVP, Chief People Officer 345 COURT STREET, CORAOPOLIS PA 15108
Larry Jr. Fitzgerald director 345 COURT STREET, CORAOPOLIS PA 15108
Robert W. Eddy director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William Colombo Trustee U/a Dtd 10/05/2020 Edward W Stack Non-grantor Trust 10 percent owner 345 COURT STREET, CORAOPOLIS PA 15108
William J Colombo director
Sandeep Mathrani director
Navdeep Gupta officer: See Remarks 345 COURT STREET, CORAOPOLIS PA 15108
Hayes John Edward Iii officer: SVP, General Counsel 345 COURT STREET, CORAOPOLIS PA 15108
Mark J Barrenechea director C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Anne Fink director 345 COURT STREET, CORAOPOLIS PA 15108
Lauren R Hobart officer: SVP & Chief Marketing Officer 345 COURT STREET, CORAOPOLIS PA 15275
Edward W Stack director, 10 percent owner, officer: Chairman & CEO 345 COURT STREET, CORAOPOLIS PA 15108
Sliva Raymond A. Jr. officer: EVP, Stores 345 COURT STREET, CORAOPOLIS PA 15108