Barnes & Noble Education (Barnes & Noble Education) Days Inventory

: 102.63 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). Barnes & Noble Education's Average Total Inventories for the three months ended in Jan. 2024 was $401 Mil. Barnes & Noble Education's Cost of Goods Sold for the three months ended in Jan. 2024 was $357 Mil. Hence, Barnes & Noble Education's Days Inventory for the three months ended in Jan. 2024 was 102.63.

The historical rank and industry rank for Barnes & Noble Education's Days Inventory or its related term are showing as below:

BNED' s Days Inventory Range Over the Past 10 Years
Min: 85.16 Med: 105.96 Max: 121.4
Current: 118.37

During the past 12 years, Barnes & Noble Education's highest Days Inventory was 121.40. The lowest was 85.16. And the median was 105.96.

BNED's Days Inventory is ranked worse than
53.75% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.295 vs BNED: 118.37

Barnes & Noble Education's Days Inventory declined from Jan. 2023 (115.76) to Jan. 2024 (102.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Barnes & Noble Education's Inventory Turnover for the three months ended in Jan. 2024 was 0.89.

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. Barnes & Noble Education's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.88.

Barnes & Noble Education Days Inventory Historical Data

The historical data trend for Barnes & Noble Education'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.

Barnes & Noble Education Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

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116.10

121.40

120.94

100.24

103.47

Barnes & Noble Education 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															115.76	198.27	159.05	77.67	102.63

Competitive Comparison

For the Specialty Retail subindustry, Barnes & Noble Education'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.

Barnes & Noble Education Days Inventory Distribution

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

* The bar in red indicates where Barnes & Noble Education's Days Inventory falls into.

Barnes & Noble Education Days Inventory Calculation

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

Barnes & Noble Education's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (323.466	+	353.328)	/	2 )	/	1193.769	*	365
=	338.397					/	1193.769	*	365
=	103.47

Barnes & Noble Education'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
=	( (416.132	+	386.065)	/	2 )	/	356.637	*	365 / 4
=	401.0985					/	356.637	*	365 / 4
=	102.63

Barnes & Noble Education (NYSE:BNED) 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.

Barnes & Noble Education's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	356.637	/	401.0985
	=	0.89

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.

Barnes & Noble Education's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	401.0985	/	456.673
	=	0.88

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.

Barnes & Noble Education Days Inventory Related Terms

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

Barnes & Noble Education (Barnes & Noble Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Barnes & Noble Education Inc (NYSE:BNED) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2BN:Germany 2BN:Germany

Address

120 Mountain View Boulevard, Basking Ridge, NJ, USA, 07920

Website

https://www.bned.com

Barnes & Noble Education Inc is an operator of bookstores in college and university campuses across the United States. The company is also engaged in providing digital education services. It operates in three reportable segments: Retail, wholesale, and Corporate Services.

Executives

Kevin Watson	officer: EVP, CFO	1111 STEWART AVENUE, BETHPAGE NY 11714
Raphael Wallander	director	3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Steven G Panagos	director	C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael Huseby	director	12405 POWERSCOURT DR, C/O CHARTER COMMUNICATIONS, ST LOUIS MO 63131
Denise Warren	director	209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
Mario R. Dell'aera	director	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAINVIEW BLVD., BASKING RIDGE NJ 07920
Kathryn Eberle Walker	director	1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Zachary Levenick	other: See Explanation of Responses	840 SOUTH GRAND AVENUE, PASADENA CA 91105
David G Golden	director	C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Miller Michael Connolly	officer: CLO & VP Corp Affairs	C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Nenke David W. B.	officer: Pres, DSS	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
David A Wilson	director
David Gordon Henderson	officer: Pres, MBS; EVP, Strat Services	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920
Seema Paul	officer: Chief Accounting Officer	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Jonathan Shar	officer: EVP, Retail & Client Solutions	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD., BASKING RIDGE NJ 07920