Dick's Sporting Goods (Dick's Sporting Goods) Inventory Turnover : 0.83 (As of Jan. 2024)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dick's Sporting Goods's Cost of Goods Sold for the three months ended in Jan. 2024 was $2,542 Mil. Dick's Sporting Goods's Average Total Inventories for the quarter that ended in Jan. 2024 was $3,066 Mil. Dick's Sporting Goods's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.83.

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-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 Inventory Turnover Historical Data

The historical data trend for Dick's Sporting Goods's Inventory Turnover 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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Dick's Sporting Goods Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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3.08

3.14

3.57

3.15

2.98

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
Inventory Turnover	Get a 7-Day Free Trial															0.79	0.62	0.72	0.65	0.83

Dick's Sporting Goods Inventory Turnover Calculation

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

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	8450.664	/ (	(2830.917	+	2848.797)	/	2 )
=	8450.664	/	2839.857
=	2.98

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

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	2541.992	/ (	(3282.911	+	2848.797)	/	2 )
=	2541.992	/	3065.854
=	0.83

Dick's Sporting Goods (NYSE:DKS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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

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.

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

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dick's Sporting Goods Inventory Turnover Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

DSG:Germany DSG:Germany

Address

345 Court Street, Coraopolis, PA, USA, 15108

Website

https://www.dickssportinggoods.com

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