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Bassett Furniture Industries Days Inventory

: 126.88 (As of May. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Bassett Furniture Industries's Average Total Inventories for the three months ended in May. 2022 was $87.3 Mil. Bassett Furniture Industries's Cost of Goods Sold for the three months ended in May. 2022 was $62.8 Mil. Hence, Bassett Furniture Industries's Days Inventory for the three months ended in May. 2022 was 126.88.

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

BSET' s Days Inventory Range Over the Past 10 Years
Min: 91.97   Med: 119.94   Max: 146.52
Current: 109.92

During the past 13 years, Bassett Furniture Industries's highest Days Inventory was 146.52. The lowest was 91.97. And the median was 119.94.

BSET's Days Inventory is ranked worse than
62.44% of 394 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 95.12 vs BSET: 109.92

Bassett Furniture Industries's Days Inventory increased from May. 2021 (112.30) to May. 2022 (126.88). It might indicate that Bassett Furniture Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bassett Furniture Industries's Inventory Turnover for the three months ended in May. 2022 was 0.72.

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. Bassett Furniture Industries's Inventory-to-Revenue for the three months ended in May. 2022 was 0.68.


Bassett Furniture Industries Days Inventory Historical Data

The historical data trend for Bassett Furniture Industries'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.

Bassett Furniture Industries Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.68 120.60 105.56 105.06 91.97

Bassett Furniture Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 112.30 96.41 96.98 120.48 126.88

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries'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.

   

Bassett Furniture Industries Days Inventory Distribution

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

* The bar in red indicates where Bassett Furniture Industries's Days Inventory falls into.



Bassett Furniture Industries Days Inventory Calculation

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

Bassett Furniture Industries's Days Inventory for the fiscal year that ended in Nov. 2021 is calculated as

Days Inventory (A: Nov. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2020 ) + Total Inventories (A: Nov. 2021 )) / count ) / Cost of Goods Sold (A: Nov. 2021 )*Days in Period
=( (54.886 + 78.004) / 2 ) / 263.704*365
=66.445 / 263.704*365
=91.97

Bassett Furniture Industries's Days Inventory for the quarter that ended in May. 2022 is calculated as:

Days Inventory (Q: May. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2022 ) + Total Inventories (Q: May. 2022 )) / count ) / Cost of Goods Sold (Q: May. 2022 )*Days in Period
=( (81.679 + 92.865) / 2 ) / 62.767*365 / 4
=87.272 / 62.767*365 / 4
=126.88

* 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.


Bassett Furniture Industries  (NAS:BSET) 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.

Bassett Furniture Industries's Inventory Turnover for the three months ended in May. 2022 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.

Bassett Furniture Industries's Inventory to Revenue for the three months ended in May. 2022 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.


Bassett Furniture Industries Days Inventory Related Terms

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


Bassett Furniture Industries Business Description

Bassett Furniture Industries logo
Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores. The Logistical Services segment offers shipping, delivery, and warehousing services.
Executives
Battle Emma S. director 101 NORTH CHERRY STREET, SUITE 501 WINSTON SALEM NC 27101
Lucas Stefanie Jane officer: SVP, Chief Merchandising Offic P.O. BOX 626 BASSETT VA 24055
Kelchner-strong Kara Ann officer: SVP, Customer Experience Offic P.O. BOX 626 BASSETT VA 24055
Hamlet Virginia W. director P.O. BOX 626 BASSETT VA 24055
Belk John R director BELK INC 2801 WEST TYVOLA ROAD CHARLOTTE NC 28217-4500
Baker David C officer: SVP, Corporate Retail 1012 SHERATON COURT MARTINSVILLE VA 24112
Hawn Jack Leroy Jr officer: Pres. of Zenith Freight Lines 1123 4TH STREET SW CONOVER NC 28613
Cohenour Bruce officer: SR VP/SALES & MERCHANDISING HOOKER FURNITURE CORPORATION 440 EAST COMMONWEALTH BLVD MARTINSVILLE VA 24112
Mcdowell John Walter director 2826 LAZY LANE WINSTON SALEM NC 27106
Daniel John Michael officer: V P, Chief Accounting Officer P O BOX 626 3525 FAIRYSTONE PARK HWY BASSETT VA 24055
Cashman Kristina K director
Camp Jason officer: Senior VP, Retail C/O RESTORATION HARDWARE, INC. 15 KOCH ROAD, SUITE J CORTE MADERA CA 94925
Pond Dale director
Stonecipher David A director BASSETT FURNITURE INDUSTRIES INC PO BOX 626 BASSETT VA 24055
Haworth Howard H director BASSETT FURNITURE INDUSTRIES INC P O BOX 626 BASSETT VA 24055

Bassett Furniture Industries Headlines

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