The Container Store Group (The Container Store Group) Days Inventory

: 171.21 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). The Container Store Group's Average Total Inventories for the three months ended in Dec. 2023 was $168.3 Mil. The Container Store Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $89.7 Mil. Hence, The Container Store Group's Days Inventory for the three months ended in Dec. 2023 was 171.21.

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

TCS' s Days Inventory Range Over the Past 10 Years
Min: 93.8 Med: 101.41 Max: 165.86
Current: 165.86

During the past 13 years, The Container Store Group's highest Days Inventory was 165.86. The lowest was 93.80. And the median was 101.41.

TCS's Days Inventory is ranked worse than
68.83% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 110.2 vs TCS: 165.86

The Container Store Group's Days Inventory increased from Dec. 2022 (159.55) to Dec. 2023 (171.21). It might indicate that The Container Store Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Container Store Group's Inventory Turnover for the three months ended in Dec. 2023 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. The Container Store Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.78.

The Container Store Group Days Inventory Historical Data

The historical data trend for The Container Store Group'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 101.23 [6] => 111.11 [7] => 110.83 [8] => 128.90 [9] => 148.61 )

The Container Store Group Annual Data

Trend

Feb14

Feb15

Feb16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

101.23

111.11

110.83

128.90

148.61

The Container Store Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																159.55	154.32	168.15	168.62	171.21

Competitive Comparison

For the Specialty Retail subindustry, The Container Store Group'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.

The Container Store Group Days Inventory Distribution

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

* The bar in red indicates where The Container Store Group's Days Inventory falls into.

The Container Store Group Days Inventory Calculation

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

The Container Store Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (192.783	+	170.637)	/	2 )	/	446.295	*	365
=	181.71					/	446.295	*	365
=	148.61

The Container Store Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (173.438	+	163.09)	/	2 )	/	89.682	*	365 / 4
=	168.264					/	89.682	*	365 / 4
=	171.21

The Container Store Group (NYSE:TCS) 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.

The Container Store Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89.682	/	168.264
	=	0.53

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.

The Container Store Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	168.264	/	214.899
	=	0.78

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.

The Container Store Group Days Inventory Related Terms

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

The Container Store Group (The Container Store Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Container Store Group Inc (NYSE:TCS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

36C:Germany

Address

500 Freeport Parkway, Coppell, TX, USA, 75019

Website

https://www.containerstore.com

The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.

Executives

Satish Malhotra	director, officer: CEO & President	C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019
Robert E Jordan	director	C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Dhritiman Saha	officer: Chief Information Officer	C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Jeffrey A Miller	officer: VICE PRESIDENT & CAO	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Stacey Shively	officer: Chief Merchandising Officer	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Green Equity Investors V, L.p.	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Nicole Beth Otto	director	C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Tony Laday	director	6820 LBJ FREEWAY, DALLAS TX 75240
Lisa Klinger	director	C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Wendi Christine Sturgis	director	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Caryl Stern	director	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Melissa Collins	officer: EVP & Chief Marketing Officer	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Timothy John Flynn	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
John Kristofer Galashan	director, 10 percent owner	LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
John Gehre	officer: SEE REMARKS	C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019