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Lowe's Days Inventory

: 110.62 (As of Apr. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Lowe's's Average Total Inventories for the three months ended in Apr. 2022 was $18,922 Mil. Lowe's's Cost of Goods Sold for the three months ended in Apr. 2022 was $15,609 Mil. Hence, Lowe's's Days Inventory for the three months ended in Apr. 2022 was 110.62.

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

LOW' s Days Inventory Range Over the Past 10 Years
Min: 83.86   Med: 90.05   Max: 103.72
Current: 103.72

During the past 13 years, Lowe's's highest Days Inventory was 103.72. The lowest was 83.86. And the median was 90.05.

LOW's Days Inventory is ranked better than
50.09% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 104.42 vs LOW: 103.72

Lowe's's Days Inventory increased from Apr. 2021 (96.83) to Apr. 2022 (110.62). It might indicate that Lowe's's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lowe's's Inventory Turnover for the three months ended in Apr. 2022 was 0.82.

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. Lowe's's Inventory-to-Revenue for the three months ended in Apr. 2022 was 0.80.


Lowe's Days Inventory Historical Data

The historical data trend for Lowe's'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.

Lowe's Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.34 90.32 95.47 89.30 96.09

Lowe's Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 96.83 89.22 101.20 109.31 110.62

Competitive Comparison

For the Home Improvement Retail subindustry, Lowe's'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.

   

Lowe's Days Inventory Distribution

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

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



Lowe's Days Inventory Calculation

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

Lowe's's Days Inventory for the fiscal year that ended in Jan. 2022 is calculated as

Days Inventory (A: Jan. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2021 ) + Total Inventories (A: Jan. 2022 )) / count ) / Cost of Goods Sold (A: Jan. 2022 )*Days in Period
=( (16193 + 17605) / 2 ) / 64194*365
=16899 / 64194*365
=96.09

Lowe's's Days Inventory for the quarter that ended in Apr. 2022 is calculated as:

Days Inventory (Q: Apr. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2022 ) + Total Inventories (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (17605 + 20239) / 2 ) / 15609*365 / 4
=18922 / 15609*365 / 4
=110.62

* 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.


Lowe's  (NYSE:LOW) 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.

Lowe's's Inventory Turnover for the three months ended in Apr. 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.

Lowe's's Inventory to Revenue for the three months ended in Apr. 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.


Lowe's Days Inventory Related Terms

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


Lowe's Business Description

Lowe's logo
Address
1000 Lowe's Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second- largest home improvement retailer in the world (behind wide-moat Home Depot), operating 1,971 stores and servicing 230 dealer-owned stores throughout the United States and Canada. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe's captures a low-double-digit share of the $900 billion domestic home improvement market, based on Lowe's estimate for market size.
Executives
Taylor Colleen director C/O BILL.COM HOLDINGS, INC. 1800 EMBARCADERO ROAD PALO ALTO CA 94303
Sink Brandon J officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Stone West Mary E director C/O HASBRO, INC. 1011 NEWPORT AVENUE PAWTUCKET RI 02861
Heinrich Daniel J director CLOROX CO 1221 BROADWAY OAKLAND CA 94612
Griggs Dan Clayton Jr officer: Vice President, CAO 1000 LOWES BOULEVARD MOORESVILLE NC 28117
Little Janice Dupre officer: EVP Human Resources 1000 LOWES BOULEVARD MOORESVILLE NC 28117
Thalberg Marisa F officer: EVP Chief Brand & Mktg Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Denton David M officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Godbole Seemantini officer: EVP, Chief Information Officer 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Mason Tiffany L officer: Interim CFO & SVP 440 S. CHURCH STREET SUITE 700 CHARLOTTE NC 28202
Boltz William P officer: EVP, Merchandising 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Mcfarland Joseph Michael officer: EVP, Stores 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Frieson Donald officer: EVP, Supply Chain 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Ellison Marvin R director, officer: President and CEO 1000 LOWE'S BOULEVARD MOORESVILLE NC 28117
Rogers Brian C director T ROWE PRICE GROUP INC 100 E PRATT ST BALTIMORE MD 21202

Lowe's Headlines

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