Days Inventory is also known as Days Sales of Inventory (DSI). Foot Locker's Average Total Inventories for the
three
months ended in Jan. 2024 was $1,686 Mil. Foot Locker's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $1,746 Mil.
Hence, Foot Locker's Days Inventory for the
three
months ended in Jan. 2024 was 88.09.
The historical rank and industry rank for Foot Locker's Days Inventory or its related term are showing as below:
FL'
s Days Inventory Range Over the Past 10 Years
Min: 67.96 Med: 88.87 Max: 106.53
Current: 106.53
During the past 13 years, Foot Locker's highest Days Inventory was 106.53. The lowest was 67.96. And the median was 88.87.
FL's Days Inventory is ranked better than 51.59% of 1068
companies
in the Retail - Cyclical industry
Industry Median: 110.545
vs FL: 106.53
Foot Locker's Days Inventory
declined
from Jan. 2023 (93.04) to Jan. 2024 (88.09).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Foot Locker's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.04.
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.
Foot Locker's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.71.
Foot Locker Days Inventory Historical Data
The historical data trend for Foot Locker'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 Foot Locker's Days Inventory
For the Apparel Retail subindustry, Foot Locker'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.
Foot Locker's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Foot Locker's Days Inventory distribution charts can be found below:
* The bar in red indicates where Foot Locker's Days Inventory falls into.
Foot Locker Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Foot Locker's Days Inventory for the fiscal year that 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.
Foot Locker (NYSE:FL) 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.
Foot Locker'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.
Foot Locker'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.
Foot Locker Days Inventory Related Terms
Thank you for viewing the detailed overview of Foot Locker's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
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