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Perry Ellis International (Perry Ellis International) Inventory Turnover : 0.86 (As of Jul. 2018)


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What is Perry Ellis International Inventory Turnover?

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. Perry Ellis International's Cost of Goods Sold for the three months ended in Jul. 2018 was $123.4 Mil. Perry Ellis International's Average Total Inventories for the quarter that ended in Jul. 2018 was $143.2 Mil. Perry Ellis International's Inventory Turnover for the quarter that ended in Jul. 2018 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Perry Ellis International's Days Inventory for the three months ended in Jul. 2018 was 105.86.

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. Perry Ellis International's Inventory-to-Revenue for the quarter that ended in Jul. 2018 was 0.72.


Perry Ellis International Inventory Turnover Historical Data

The historical data trend for Perry Ellis International'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.

* Premium members only.

Perry Ellis International Inventory Turnover Chart

Perry Ellis International Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 3.01 3.17 3.25 3.33

Perry Ellis International Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
Inventory Turnover 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 0.96 0.96 0.91 0.99 0.86

Perry Ellis International Inventory Turnover Calculation

Perry Ellis International's Inventory Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Inventory Turnover (A: Jan. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2018 ) / ((Total Inventories (A: Jan. 2017 ) + Total Inventories (A: Jan. 2018 )) / count )
=544.679 / ((151.251 + 175.459) / 2 )
=544.679 / 163.355
=3.33

Perry Ellis International's Inventory Turnover for the quarter that ended in Jul. 2018 is calculated as

Inventory Turnover (Q: Jul. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2018 ) / ((Total Inventories (Q: Apr. 2018 ) + Total Inventories (Q: Jul. 2018 )) / count )
=123.445 / ((150.965 + 135.445) / 2 )
=123.445 / 143.205
=0.86

* 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.


Perry Ellis International  (NAS:PERY) 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.

Perry Ellis International's Days Inventory for the three months ended in Jul. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2018 )/Cost of Goods Sold (Q: Jul. 2018 )*Days in Period
=143.205/123.445*365 / 4
=105.86

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.

Perry Ellis International's Inventory to Revenue for the quarter that ended in Jul. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2018 ) / Revenue (Q: Jul. 2018 )
=143.205 / 199.277
=0.72

* 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

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.


Perry Ellis International Inventory Turnover Related Terms

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Perry Ellis International (Perry Ellis International) Business Description

Traded in Other Exchanges
N/A
Address
Perry Ellis manufactures apparel and accessories that it sells under its own brand names or via licensed brands. Notable company-owned brands include Original Penguin and Perry Ellis. Licenses are primarily for golf apparel or swimwear. The company is the official apparel licensee for Callaway Golf and the official swimwear licensee in North America for Nike. Perry Ellis primarily distributes its products to wholesale customers, which sell through channels including department stores, specialty stores, sporting goods stores, and e-commerce. The company also maintains its own Perry Ellis and Original Penguin retail stores. The majority of the firm's revenue is generated in the men's sportswear and swim segment and from sales in the United States.
Executives
Bruce J Klatsky director 3000 NW 107TH AVENUE, MIAMI FL 33172
Michael W Rayden director
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Anita D Britt officer: Chief Financial Officer 3000 NW 107TH AVENUE, MIAMI FL 33172
Barry S Gluck director
George Pita officer: Sr. Vice President - Finance 3000 NW 107TH AVENUE, MIAMI FL 33172
Timothy B Page officer: Chief Financial Officer 3000 NW 107TH AVE MIAMI FL 33172
De Cardenas Alberto I officer: Senior VP and General Counsel 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134