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Chico's FAS (Chico's FAS) Days Inventory : 95.02 (As of Oct. 2023)


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What is Chico's FAS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chico's FAS's Average Total Inventories for the three months ended in Oct. 2023 was $321 Mil. Chico's FAS's Cost of Goods Sold for the three months ended in Oct. 2023 was $309 Mil. Hence, Chico's FAS's Days Inventory for the three months ended in Oct. 2023 was 95.02.

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

CHS' s Days Inventory Range Over the Past 10 Years
Min: 52.04   Med: 64.21   Max: 86.03
Current: 86.03

During the past 13 years, Chico's FAS's highest Days Inventory was 86.03. The lowest was 52.04. And the median was 64.21.

CHS's Days Inventory is not ranked
in the Retail - Cyclical industry.
Industry Median: 110.545 vs CHS: 86.03

Chico's FAS's Days Inventory increased from Oct. 2022 (94.35) to Oct. 2023 (95.02). It might indicate that Chico's FAS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chico's FAS's Inventory Turnover for the three months ended in Oct. 2023 was 0.96.

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. Chico's FAS's Inventory-to-Revenue for the three months ended in Oct. 2023 was 0.64.


Chico's FAS Days Inventory Historical Data

The historical data trend for Chico's FAS'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.

Chico's FAS Days Inventory Chart

Chico's FAS Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.57 65.84 72.16 83.99 84.03

Chico's FAS Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Days 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 94.35 77.70 84.05 82.56 95.02

Competitive Comparison of Chico's FAS's Days Inventory

For the Apparel Retail subindustry, Chico's FAS'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.


Chico's FAS's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Chico's FAS's Days Inventory falls into.



Chico's FAS Days Inventory Calculation

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

Chico's FAS's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

Days Inventory (A: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (323.389 + 276.84) / 2 ) / 1303.577*365
=300.1145 / 1303.577*365
=84.03

Chico's FAS's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (300.151 + 342.721) / 2 ) / 308.677*365 / 4
=321.436 / 308.677*365 / 4
=95.02

* 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.


Chico's FAS  (NYSE:CHS) 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.

Chico's FAS's Inventory Turnover for the three months ended in Oct. 2023 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.

Chico's FAS's Inventory to Revenue for the three months ended in Oct. 2023 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.


Chico's FAS Days Inventory Related Terms

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


Chico's FAS (Chico's FAS) Business Description

Traded in Other Exchanges
N/A
Address
11215 Metro Parkway, Fort Myers, FL, USA, 33966
Chico's FAS Inc is an apparel retailer with a portfolio of private-label brands that sell women's clothing and accessories. Brands include Chico's, White House/Black Market, and Soma Intimates. The majority of revenue is derived from Chico's brand. The brands generally target the needs of fashion-savvy women with moderate-to-high household income levels. It sells directly to the consumer through its retail stores, websites, and telephone call centers. The company sources the majority of its product from foreign manufacturers and distributes all products from its distribution center in Georgia.
Executives
Bonnie R. Brooks director 6301 FITCH PATH, NEW ALBANY OH 43054
Eli Kumekpor director 11215 METRO PARKWAY, FORT MYERS FL 33966
Patrick J Guido officer: EVP - Chief Financial Officer C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Wendy L Hufford officer: SVP - General Counsel C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Kevin Mansell director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
Topper Joseph R. Jr. officer: EVP - Chief Digital Officer 3113 WOODCREEK DR., DOWNERS GROVE IL 60515
Kristin Gwinner officer: SVP, Human Resources 11215 METRO PARKWAY, FORT MYERS FL 33966
Gregory S Baker officer: SVP & General Counsel 11215 METRO PARKWAY, FORT MYERS FL 33966
Molly Langenstein officer: President, Apparel Group C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
David M Oliver officer: Chief Accounting Officer 10930 SPOON RIDGE, EDEN PRAIRIE MN 55347
Stephen E Watson director 700 PILGRIM WAY, GREENBAY WI 54304
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Jennifer L Ellis officer: Interim CFO 11215 METRO PKWY, FORT MYERS FL 33966
Kimberly Roy Tofalli director C/O WEIGHT WATCHERS INTERNATIONAL, INC., 11 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10010