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La-Z-Boy (La-Z-Boy) Change In Inventory : $34 Mil (TTM As of Jan. 2024)


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What is La-Z-Boy Change In Inventory?

La-Z-Boy's change in inventory for the quarter that ended in Jan. 2024 was $-4 Mil. It means La-Z-Boy's inventory increased by $4 Mil from Oct. 2023 to Jan. 2024 .

La-Z-Boy's change in inventory for the fiscal year that ended in Apr. 2023 was $32 Mil. It means La-Z-Boy's inventory declined by $32 Mil from Apr. 2022 to Apr. 2023 .

La-Z-Boy's Total Inventories for the quarter that ended in Jan. 2024 was $277 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. La-Z-Boy's Days Inventory for the quarter that ended in Jan. 2024 was 86.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. La-Z-Boy's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.05.

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. La-Z-Boy's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.54.


La-Z-Boy Change In Inventory Historical Data

The historical data trend for La-Z-Boy's Change In 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.

La-Z-Boy Change In Inventory Chart

La-Z-Boy Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 14.90 -40.73 -72.02 32.31

La-Z-Boy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Inventory 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 41.33 27.75 9.27 0.49 -3.79

La-Z-Boy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $34 Mil.

* 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.


La-Z-Boy  (NYSE:LZB) Change In Inventory Explanation

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

La-Z-Boy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=272.6565/287.152*365 / 4
=86.64

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

La-Z-Boy's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

3. 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.

La-Z-Boy's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

* 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.


La-Z-Boy Change In Inventory Related Terms

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La-Z-Boy (La-Z-Boy) Business Description

Traded in Other Exchanges
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.
Executives
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Raza Syed Haider director ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder officer: Pres., Retail LZB Furn. Gall. 1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne director 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt officer: VP & Chief HR Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy officer: SVP & Chief Commercial Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee officer: VP & Chief Information Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Terrence James Linz officer: President, La-Z-Boy Retail 1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson officer: President Int'l & Joybird 6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Michael Adam Leggett officer: Sr VP & Chief Supply Chain Off 1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow director, officer: Chairman, President & CEO ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander director 10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer officer: Senior Vice President ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond officer: VP, GC & Chief Compliance Off ONE LA-Z-BOY DRIVE, MONROE MI 48162
Jennifer Lynn Mccurry officer: Chief Accounting Officer ONE LA-Z-BOY DRIVE, MONROE MI 48162