GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (NYSE:LEVI) » Definitions » Days Inventory

Levi Strauss (Levi Strauss) Days Inventory

: 171.01 (As of Feb. 2024)
View and export this data going back to 2019. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Levi Strauss's Average Total Inventories for the three months ended in Feb. 2024 was $1,220 Mil. Levi Strauss's Cost of Goods Sold for the three months ended in Feb. 2024 was $651 Mil. Hence, Levi Strauss's Days Inventory for the three months ended in Feb. 2024 was 171.01.

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

LEVI' s Days Inventory Range Over the Past 10 Years
Min: 99.53   Med: 121.22   Max: 185.49
Current: 183.74

During the past 10 years, Levi Strauss's highest Days Inventory was 185.49. The lowest was 99.53. And the median was 121.22.

LEVI's Days Inventory is ranked worse than
68.02% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs LEVI: 183.74

Levi Strauss's Days Inventory increased from Feb. 2023 (168.18) to Feb. 2024 (171.01). It might indicate that Levi Strauss's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Levi Strauss's Inventory Turnover for the three months ended in Feb. 2024 was 0.53.

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. Levi Strauss's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.78.


Levi Strauss Days Inventory Historical Data

The historical data trend for Levi Strauss'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.

Levi Strauss Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 121.22 147.92 129.53 161.25 185.49

Levi Strauss Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 168.18 218.69 182.59 175.48 171.01

Competitive Comparison

For the Apparel Manufacturing subindustry, Levi Strauss'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.


Levi Strauss Days Inventory Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Levi Strauss's Days Inventory distribution charts can be found below:

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



Levi Strauss Days Inventory Calculation

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

Levi Strauss's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (1416.8 + 1290.1) / 2 ) / 2663.3*365
=1353.45 / 2663.3*365
=185.49

Levi Strauss's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1290.1 + 1150.4) / 2 ) / 651.1*365 / 4
=1220.25 / 651.1*365 / 4
=171.01

* 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.


Levi Strauss  (NYSE:LEVI) 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.

Levi Strauss's Inventory Turnover for the three months ended in Feb. 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.

Levi Strauss's Inventory to Revenue for the three months ended in Feb. 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.


Levi Strauss Days Inventory Related Terms

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


Levi Strauss (Levi Strauss) Business Description

Address
1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.
Executives
Elizabeth T O'neill officer: EVP & Pres.Prod., Innov. Supp. C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Tracy Layney officer: EVP and Chief HR Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
David Jedrzejek officer: SVP and General Counsel C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Seth Jaffe officer: EVP & General Counsel 3250 VAN NESS AVE, SAN FRANCISCO CA 94109
Margaret E. Haas 10 percent owner C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Lisa Stirling officer: Chief Accounting Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Michelle Gass director, officer: President 2401 UTAH AVE. S., SUITE 800, SEATTLE WA 98134
Seth M. Ellison officer: EVP & President, Europe C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Jennifer A. Sey officer: Brand President C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
David A Friedman director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Elizabeth H Eisenhardt 10 percent owner 1155 BATTERY ST, C/O ARGONAUT SECURITIES CO., SAN FRANCISCO CA 94111
Jennifer C. Haas 10 percent owner C/O ARGONAUT SECURITIES COMPANY, 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Bradley J. Haas 10 percent owner C/O ARGONAUT SECURITIES COMPANY, 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Haas Peter E. Jr. director, 10 percent owner C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111