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Crown Crafts (Crown Crafts) Days Inventory : 184.40 (As of Dec. 2023)


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What is Crown Crafts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crown Crafts's Average Total Inventories for the three months ended in Dec. 2023 was $35.10 Mil. Crown Crafts's Cost of Goods Sold for the three months ended in Dec. 2023 was $17.37 Mil. Hence, Crown Crafts's Days Inventory for the three months ended in Dec. 2023 was 184.40.

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

CRWS' s Days Inventory Range Over the Past 10 Years
Min: 76.21   Med: 123.06   Max: 191.01
Current: 191.01

During the past 13 years, Crown Crafts's highest Days Inventory was 191.01. The lowest was 76.21. And the median was 123.06.

CRWS's Days Inventory is ranked worse than
87.19% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.895 vs CRWS: 191.01

Crown Crafts's Days Inventory increased from Dec. 2022 (168.42) to Dec. 2023 (184.40). It might indicate that Crown Crafts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crown Crafts's Inventory Turnover for the three months ended in Dec. 2023 was 0.49.

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. Crown Crafts's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.47.


Crown Crafts Days Inventory Historical Data

The historical data trend for Crown Crafts'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.

Crown Crafts Days Inventory Chart

Crown Crafts Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.71 131.28 126.16 116.78 181.31

Crown Crafts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 168.42 162.06 265.08 189.91 184.40

Competitive Comparison of Crown Crafts's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Crown Crafts'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.


Crown Crafts's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crown Crafts's Days Inventory distribution charts can be found below:

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



Crown Crafts Days Inventory Calculation

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

Crown Crafts's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (20.653 + 34.211) / 2 ) / 55.225*365
=27.432 / 55.225*365
=181.31

Crown Crafts's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.257 + 34.935) / 2 ) / 17.367*365 / 4
=35.096 / 17.367*365 / 4
=184.40

* 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.


Crown Crafts  (NAS:CRWS) 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.

Crown Crafts's Inventory Turnover for the three months ended in Dec. 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.

Crown Crafts's Inventory to Revenue for the three months ended in Dec. 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.


Crown Crafts Days Inventory Related Terms

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


Crown Crafts (Crown Crafts) Business Description

Traded in Other Exchanges
N/A
Address
916 S. Burnside Avenue, Gonzales, LA, USA, 70737
Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of company-owned trademarks, under trademarks licensed from others, and as private-label goods.
Executives
Donald R Ratajczak director THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337
Zenon S Nie director
Michael Benstock director C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
E Randall Chestnut director, officer: President and CEO
Craig Demarest officer: VP and CFO C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130
Nanci Freeman officer: Pres & CEO/Infant Products Div 5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849
Donna Sheridan officer: Pres & CEO / NoJo Baby & Kids 711 WEST WALNUT STREET, COMPTON CA 90220
Patricia Stensrud director P.O. BOX 1028, GONZALES LA 70707
Kenneth C. Cowart officer: Director, Information Systems P.O. BOX 1028, GONZALES LA 70707
Stephen Guyer officer: VP Procurement/Infant Products 711 WEST WALNUT STREET, COMPTON CA 90220
Susan I. Christensen officer: VP Sales/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Debra Dunne officer: VP Design/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Jon C Biro director 5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057

Crown Crafts (Crown Crafts) Headlines