Days Inventory is also known as Days Sales of Inventory (DSI). Blue Nile's Average Total Inventories for the
three
months ended in Sep. 2016 was $43.8 Mil. Blue Nile's Cost of Goods Sold for the
three
months ended in Sep. 2016 was $84.5 Mil.
Hence, Blue Nile's Days Inventory for the
three
months ended in Sep. 2016 was 47.27.
The historical rank and industry rank for Blue Nile's Days Inventory or its related term are showing as below:
NILE's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.545 * Ranked among companies with meaningful Days Inventory only.
Blue Nile's Days Inventory
increased
from Sep. 2015 (40.50) to Sep. 2016 (47.27).
It might indicate that Blue Nile's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Blue Nile's Inventory Turnover for the
three
months ended in Sep. 2016 was 1.93.
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.
Blue Nile's Inventory-to-Revenue for the
three
months ended in Sep. 2016 was 0.42.
Blue Nile Days Inventory Historical Data
The historical data trend for Blue Nile'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.
Competitive Comparison of Blue Nile's Days Inventory
For the Luxury Goods subindustry, Blue Nile'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.
Blue Nile's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Blue Nile's Days Inventory distribution charts can be found below:
* The bar in red indicates where Blue Nile's Days Inventory falls into.
Blue Nile Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blue Nile's Days Inventory for the fiscal year that ended in Dec. 2015 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.
Blue Nile (NAS:NILE) 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.
Blue Nile's Inventory Turnover for the
three
months ended in Sep. 2016 is calculated as
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.
Blue Nile's Inventory to Revenue for the
three
months ended in Sep. 2016 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.
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.
Blue Nile Days Inventory Related Terms
Thank you for viewing the detailed overview of Blue Nile's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Nile Inc is a Delaware corporation incorporated on March 18, 1999 as RockShop.com, Inc. The Company is an online retailer of high-quality diamonds and fine jewelery. The Company's website showcases more than 100,000 independently certified diamonds and styles of fine jewelery, including rings, wedding bands, earrings, necklaces, pendants, bracelets, gifts, and accessories. It also customizes diamond jewelry with its Build Your Own feature that offers customers the ability to customize diamond rings, pendants and earrings. It has developed an efficient online cost structure and supply solution that eliminates traditional layers of diamond wholesalers and brokers, which allows the Company to purchase its product offerings at lower prices by avoiding mark-ups imposed by intermediaries. The Company's merchandise consists of engagement and non-engagement products. The engagement product category includes gold or platinum engagement rings with a diamond center stone and loose diamonds. Its non-engagement product category includes rings, wedding bands, earrings, necklaces, pendants, bracelets, gifts and accessories containing precious metals, diamonds, gemstones, or pearls. The Company's diamond supplier relationships allow it to display suppliers diamond inventories on its website for sale to consumers without holding the diamonds in its inventory until the products are ordered by customers. It purchases polished diamonds from over 100 suppliers. Its diamond suppliers purchase rough and polished diamonds from sources throughout the world. It offers diamonds with specified characteristics in the areas of shape, cut, color, clarity, and carat weight. The Company purchases diamonds on a just in time basis from its suppliers when a customer places an order for a specific diamond and then assembles the diamond with a ring, pendant or earring setting from its inventory into customized diamond jewelry according to customers specifications. The finished jewellery is delivered to the customer generally within three to seven business days from the order date and within one business day for Signature diamonds. The Company's primary competition comes from independent jewelry stores; retail jewelry store chains, such as Tiffany & Co.; online retailers that sell jewelry and online jewelry retailers, such as Amazon.com, James Allen, and Brilliant Earth; department stores, chain stores and mass retailers, such as Nordstrom and Neiman Marcus; online auction sites, such as eBay; catalog and television shopping retailers, such as HSN and QVC; discount superstores and wholesale clubs, such as Wal-Mart and Costco Wholesale; and internet shopping clubs, such as Gilt Groupe and Rue La La.
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