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The Cato (FRA:CO2A) Days Inventory

: 77.05 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). The Cato's Average Total Inventories for the three months ended in Jan. 2024 was €92.1 Mil. The Cato's Cost of Goods Sold for the three months ended in Jan. 2024 was €109.0 Mil. Hence, The Cato's Days Inventory for the three months ended in Jan. 2024 was 77.05.

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

FRA:CO2A' s Days Inventory Range Over the Past 10 Years
Min: 80.04   Med: 84.24   Max: 88.18
Current: 80.04

During the past 13 years, The Cato's highest Days Inventory was 88.18. The lowest was 80.04. And the median was 84.24.

FRA:CO2A's Days Inventory is ranked better than
63.2% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.295 vs FRA:CO2A: 80.04

The Cato's Days Inventory declined from Jan. 2023 (89.71) to Jan. 2024 (77.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Cato's Inventory Turnover for the three months ended in Jan. 2024 was 1.18.

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. The Cato's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.57.


The Cato Days Inventory Historical Data

The historical data trend for The Cato'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.

The Cato Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.07 88.78 81.78 82.73 83.28

The Cato Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 89.71 82.53 77.77 80.78 77.05

Competitive Comparison

For the Apparel Retail subindustry, The Cato'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.


The Cato Days Inventory Distribution

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

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



The Cato Days Inventory Calculation

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

The Cato'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
=( (103.988 + 90.518) / 2 ) / 426.239*365
=97.253 / 426.239*365
=83.28

The Cato'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
=( (93.632 + 90.518) / 2 ) / 109.038*365 / 4
=92.075 / 109.038*365 / 4
=77.05

* 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.


The Cato  (FRA:CO2A) 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.

The Cato'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.

The Cato'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.


The Cato Days Inventory Related Terms

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


The Cato (FRA:CO2A) Business Description

Traded in Other Exchanges
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.

The Cato (FRA:CO2A) Headlines

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