Citi Trends (Citi Trends) Days Inventory : 90.61 (As of Jan. 2024)

View and export this data going back to 2005. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Citi Trends's Average Total Inventories for the three months ended in Jan. 2024 was $130.1 Mil. Citi Trends's Cost of Goods Sold for the three months ended in Jan. 2024 was $131.0 Mil. Hence, Citi Trends's Days Inventory for the three months ended in Jan. 2024 was 90.61.

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

CTRN' s Days Inventory Range Over the Past 10 Years
Min: 71.14 Med: 105.52 Max: 117.39
Current: 96.96

During the past 13 years, Citi Trends's highest Days Inventory was 117.39. The lowest was 71.14. And the median was 105.52.

CTRN's Days Inventory is ranked better than
55.52% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs CTRN: 96.96

Citi Trends's Days Inventory increased from Jan. 2023 (84.39) to Jan. 2024 (90.61). It might indicate that Citi Trends's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Citi Trends's Inventory Turnover for the three months ended in Jan. 2024 was 1.01.

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. Citi Trends's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.60.

Citi Trends Days Inventory Historical Data

The historical data trend for Citi Trends'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.

Citi Trends Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Inventory

Get a 7-Day Free Trial

104.70

93.69

71.14

86.58

93.15

Citi Trends Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															84.39	88.36	105.86	108.65	90.61

Competitive Comparison

For the Apparel Retail subindustry, Citi Trends'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.

Citi Trends Days Inventory Distribution

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

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

Citi Trends Days Inventory Calculation

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

Citi Trends'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
=	( (105.794	+	130.432)	/	2 )	/	462.824	*	365
=	118.113					/	462.824	*	365
=	93.15

Citi Trends'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
=	( (129.727	+	130.432)	/	2 )	/	130.997	*	365 / 4
=	130.0795					/	130.997	*	365 / 4
=	90.61

Citi Trends (NAS:CTRN) 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.

Citi Trends's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.997	/	130.0795
	=	1.01

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.

Citi Trends's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	130.0795	/	215.179
	=	0.60

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.

Citi Trends Days Inventory Related Terms

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

Citi Trends (Citi Trends) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citi Trends Inc (NAS:CTRN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WW2:Germany

Address

104 Coleman Boulevard, Savannah, GA, USA, 31408

Website

https://www.cititrends.com

Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.

Executives

Fund 1 Investments, Llc	10 percent owner	100 CARR 115, UNIT 1900, RINCON PR 00677
Jonathan Duskin	director	MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Pleasant Lake Partners Llc	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Pleasant Lake Onshore Feeder Fund Lp	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Vivek Bhargava	officer: SVP, Supply Chain Operations	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ivy D Council	officer: SR VP of HR, Chief Compl Offcr	C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401
David N. Makuen	director, officer: Chief Executive Officer	C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Heather L Plutino	officer: EVP and CFO	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Brian Carney	director	5555 DARROW RD, HUDSON OH 44236
Laurens Goff	director	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Jessica Berkowitz	officer: SVP, Planning and Allocation	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Kenneth Duane Seipel	director	26972 BURBANK, FOOTHILL RANCH CA 92610
Christina M Francis	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Lisa A. Powell	officer: Chief Merchandising Officer	C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Charles J. Hynes	officer: Senior VP - Supply Chain	CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408