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Chewy (CHWY) Days Inventory : 31.95 (As of Jan. 2024)


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What is Chewy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chewy's Average Total Inventories for the three months ended in Jan. 2024 was $716 Mil. Chewy's Cost of Goods Sold for the three months ended in Jan. 2024 was $2,044 Mil. Hence, Chewy's Days Inventory for the three months ended in Jan. 2024 was 31.95.

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

CHWY' s Days Inventory Range Over the Past 10 Years
Min: 25.05   Med: 29.77   Max: 34.89
Current: 32.71

During the past 8 years, Chewy's highest Days Inventory was 34.89. The lowest was 25.05. And the median was 29.77.

CHWY's Days Inventory is ranked better than
86.24% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs CHWY: 32.71

Chewy's Days Inventory increased from Jan. 2023 (31.53) to Jan. 2024 (31.95). It might indicate that Chewy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chewy's Inventory Turnover for the three months ended in Jan. 2024 was 2.86.

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. Chewy's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.25.


Chewy Days Inventory Historical Data

The historical data trend for Chewy'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.

Chewy Days Inventory Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial 26.55 28.48 29.77 31.03 31.93

Chewy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 31.53 32.26 33.68 33.80 31.95

Competitive Comparison of Chewy's Days Inventory

For the Internet Retail subindustry, Chewy'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.


Chewy's Days Inventory Distribution in the Retail - Cyclical Industry

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

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



Chewy Days Inventory Calculation

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

Chewy's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (678.005 + 719.273) / 2 ) / 7986.202*365
=698.639 / 7986.202*365
=31.93

Chewy's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (712.053 + 719.273) / 2 ) / 2044.136*365 / 4
=715.663 / 2044.136*365 / 4
=31.95

* 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.


Chewy  (NYSE:CHWY) 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.

Chewy's Inventory Turnover for the three months ended in Jan. 2024 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.

Chewy's Inventory to Revenue for the three months 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.


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.


Chewy Days Inventory Related Terms

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


Chewy (CHWY) Business Description

Traded in Other Exchanges
Address
7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce pet care retailer in the U.S., generating $10.1 billion in 2022 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a standalone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.
Executives
Argos Holdings Gp Llc 10 percent owner C/O CHEWY, INC., 1855 GRIFFIN ROAD, DANIA BEACH FL 33004
James A Star director
Stacy Bowman officer: Principal Accounting Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Sumit Singh director, officer: Chief Executive Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Michael Morant officer: General Counsel 7700 WEST SUNRISE BOULEVARD, PLANTATION FL 33322
Mario Jesus Marte officer: Chief Financial Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Satish Mehta officer: Chief Technology Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Susan Helfrick officer: General Counsel C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Mathieu Bigand director 7700 WEST SUNRISE BOULEVARD, PLANTATION FL 33322
Marco Castelli director 1855 GRIFFIN ROAD, SUITE B-428, DANIA BEACH FL 33004
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Kristine Dickson director 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
James Kevin Symancyk director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33222
Buddy Holdings Iii Llc 10 percent owner C/O ARGOS HOLDINGS, 650 MADISON AVENUE, NEW YORK NY 10022
Buddy Holdings Ii Llc 10 percent owner C/O ARGOS HOLDINGS, 650 MADISON AVENUE, NEW YORK NY 10022