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Cosi (COSIQ) Days Inventory : 3.90 (As of Jun. 2016)


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What is Cosi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cosi's Average Total Inventories for the three months ended in Jun. 2016 was $0.91 Mil. Cosi's Cost of Goods Sold for the three months ended in Jun. 2016 was $21.22 Mil. Hence, Cosi's Days Inventory for the three months ended in Jun. 2016 was 3.90.

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

COSIQ's Days Inventory is not ranked *
in the Restaurants industry.
Industry Median: 15.46
* Ranked among companies with meaningful Days Inventory only.

Cosi's Days Inventory increased from Jun. 2015 (3.27) to Jun. 2016 (3.90). It might indicate that Cosi's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cosi's Inventory Turnover for the three months ended in Jun. 2016 was 23.40.

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. Cosi's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.04.


Cosi Days Inventory Historical Data

The historical data trend for Cosi'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.

Cosi Days Inventory Chart

Cosi Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 3.39 3.72 3.81 3.87

Cosi Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 3.27 3.94 4.05 4.32 3.90

Competitive Comparison of Cosi's Days Inventory

For the Restaurants subindustry, Cosi'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.


Cosi's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cosi's Days Inventory distribution charts can be found below:

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



Cosi Days Inventory Calculation

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

Cosi's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.825 + 1.051) / 2 ) / 88.472*365
=0.938 / 88.472*365
=3.87

Cosi's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (0.95 + 0.864) / 2 ) / 21.221*365 / 4
=0.907 / 21.221*365 / 4
=3.90

* 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.


Cosi  (OTCPK:COSIQ) 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.

Cosi's Inventory Turnover for the three months ended in Jun. 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.

Cosi's Inventory to Revenue for the three months ended in Jun. 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.


Cosi Days Inventory Related Terms

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


Cosi (COSIQ) Business Description

Traded in Other Exchanges
N/A
Address
Cosi Inc is active in the restaurant industry in the United States. Its menu features made-to-order sandwiches, hand-tossed salads, bowls, breakfast wraps, melts, soups, signature Squagels, artisan flatbread pizzas, S'mores, snacks, and desserts. It also offers handcrafted beverages and a variety of coffee-based and specialty beverages. Its handcrafted beverages include iced tea, raspberry iced tea, country club iced tea, mojito lemonade, raspberry mojito lemonade.
Executives
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Mark S Demilio director 6950 COLUMBIA GATEWAY DR STE 400, COLUMBIA MD 21046
Miller Lloyd I Iii other: no longer 10% + owner
Michael P Odonnell director 9659 PRESTON TRAIL WEST, PONTE VEDRA BEACH FL 32082
Robert Stephen Merritt director 2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Carin Stutz director, officer: CEO and PRESIDENT C/O BRINKER INTERNATIONAL, INC., 6820 LBJ FREEWAY, DALLAS TX 75240
Ronald Juvonen other: Former 10% Owner C/O DOWNTOWN ASSOCIATES, L.L.C., 674 UNIONVILLE ROAD, SUITE 105, KENNETT SQUARE PA 19348
Jonathan Gallen other: Former 10% Owner 450 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
Christopher Joseph Carroll officer: EVP & Chief Marketing Officer C/O JTH HOLDING, INC., 1716 CORPORATE LANDING PKWY, VIRGINIA BEACH VA 23454
William D Forrest director C/O TOWER THREE PARTNERS, 2 SOUND VIEW DRIVE, GREENWICH CT 06830
Pbk Holdings Inc 10 percent owner 35 OCEAN REEF DRIVE, SUITE 142, KEY LARGO FL 33037
Philip B Korsant 10 percent owner 283 GREENWICH AVE, GREENWICH CT 06830
Edna Morris director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Cynthia T Jamison officer: Chief Financial Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027

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