Country Road (ASX:CTY) Days Inventory : 96.60 (As of Dec. 2013)

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

What is Country Road Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Country Road's Average Total Inventories for the six months ended in Dec. 2013 was A$82.5 Mil. Country Road's Cost of Goods Sold for the six months ended in Dec. 2013 was A$155.9 Mil. Hence, Country Road's Days Inventory for the six months ended in Dec. 2013 was 96.60.

The historical rank and industry rank for Country Road's Days Inventory or its related term are showing as below:

ASX:CTY's Days Inventory is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 110.51
* Ranked among companies with meaningful Days Inventory only.

Country Road's Days Inventory increased from Dec. 2012 (83.97) to Dec. 2013 (96.60). It might indicate that Country Road's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Country Road's Inventory Turnover for the six months ended in Dec. 2013 was 1.89.

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. Country Road's Inventory-to-Revenue for the six months ended in Dec. 2013 was 0.20.

Country Road Days Inventory Historical Data

The historical data trend for Country Road's Days Inventory 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.

Country Road Days Inventory Chart

Country Road Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Days Inventory

Get a 7-Day Free Trial

84.56

86.24

92.92

97.02

84.37

Country Road Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Days Inventory	Get a 7-Day Free Trial															87.77	94.55	83.97	99.27	96.60

Competitive Comparison of Country Road's Days Inventory

For the Apparel Retail subindustry, Country Road's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Country Road's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Country Road's Days Inventory distribution charts can be found below:

* The bar in red indicates where Country Road's Days Inventory falls into.

Country Road Days Inventory Calculation

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

Country Road's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

	Days Inventory (A: Jun. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2012 )	+	Total Inventories (A: Jun. 2013 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2013 )	*	Days in Period
=	( (45.396	+	77.747)	/	2 )	/	266.363	*	365
=	61.5715					/	266.363	*	365
=	84.37

Country Road's Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

	Days Inventory (Q: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
=	( (77.747	+	87.258)	/	2 )	/	155.874	*	365 / 2
=	82.5025					/	155.874	*	365 / 2
=	96.60

Country Road (ASX:CTY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Country Road's Inventory Turnover for the six months ended in Dec. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.874	/	82.5025
	=	1.89

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.

Country Road's Inventory to Revenue for the six months ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	82.5025	/	422.315
	=	0.20

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.

Country Road Days Inventory Related Terms

Thank you for viewing the detailed overview of Country Road's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Country Road (ASX:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Country Road Ltd (ASX:CTY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.countryroad.com.au

Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

Country Road (ASX:CTY) Headlines

No Headlines