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HSN (HSNI) Days Inventory : 75.94 (As of Sep. 2017)


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What is HSN Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HSN's Average Total Inventories for the three months ended in Sep. 2017 was $427 Mil. HSN's Cost of Goods Sold for the three months ended in Sep. 2017 was $513 Mil. Hence, HSN's Days Inventory for the three months ended in Sep. 2017 was 75.94.

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

HSNI's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.73
* Ranked among companies with meaningful Days Inventory only.

HSN's Days Inventory increased from Sep. 2016 (72.83) to Sep. 2017 (75.94). It might indicate that HSN's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. HSN's Inventory Turnover for the three months ended in Sep. 2017 was 1.20.

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. HSN's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.55.


HSN Days Inventory Historical Data

The historical data trend for HSN'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.

HSN Days Inventory Chart

HSN Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.97 55.25 57.24 63.50 63.59

HSN Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 72.83 52.03 71.32 71.70 75.94

Competitive Comparison of HSN's Days Inventory

For the Specialty Retail subindustry, HSN'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.


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

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

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



HSN Days Inventory Calculation

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

HSN's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (428.025 + 391.106) / 2 ) / 2350.817*365
=409.5655 / 2350.817*365
=63.59

HSN's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (415.398 + 439.034) / 2 ) / 513.377*365 / 4
=427.216 / 513.377*365 / 4
=75.94

* 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.


HSN  (NAS:HSNI) 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.

HSN's Inventory Turnover for the three months ended in Sep. 2017 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.

HSN's Inventory to Revenue for the three months ended in Sep. 2017 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.


HSN Days Inventory Related Terms

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


HSN (HSNI) Business Description

Traded in Other Exchanges
N/A
Address
HSN Inc is a multi-channel retailer offering retail experiences through various platforms including television, online, mobile, catalogs and in retail and outlet stores. It operates through two different operating segments, HSN and Cornerstone.
Executives
Liberty Interactive Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
James M Follo director 620 8TH AVENUNE, NEW YORK NY 10018
Rod R Little officer: Chief Financial Officer 1 HSN DRIVE, ST. PETERSBURG FL 33729
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Ann Sarnoff director C/O HSN, INC., 1 HSN DRIVE, SAINT PETERSBURG FL 33729
Fiona P Dias director
Gregory J Henchel officer: Chief Legal Officer, Secretary C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Arthur C Martinez director SEARS ROEBUCK & CO, SEARS TOWER, PO BOX 081079, CHICAGO IL 60808-1079
Michael Attinella officer: Chief Accounting Officer C/O SUPERIOR GROUP OF COMPANIES, INC., 10055 SEMINOLE BLVE, SEMINOLE FL 33772
Chun Courtnee A director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Judy Schmeling officer: Pres. Cornerstone, COO HSNi C/O HSN, INC., 1 HSN DRIVE, ST.PETERSBURG FL 33729
Maria D. Martinez officer: Chief Human Resources Officer C/O AXOGEN INC., 13631 PROGRESS BLVD, SUITE 400, ALACHUA FL 32615
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Mindy F Grossman director, officer: CEO 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Morse John B Jr director C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729

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