Switch to:
GuruFocus has detected 1 Warning Sign with Perry Ellis International Inc $PERY.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Perry Ellis International Inc (NAS:PERY)
Days Inventory
95.66 (As of Jan. 2017)

Perry Ellis International Inc's average inventory for the three months ended in Jan. 2017 was $131.8 Mil. Perry Ellis International Inc's cost of goods sold for the three months ended in Jan. 2017 was $125.7 Mil. Hence, Perry Ellis International Inc's days inventory for the three months ended in Jan. 2017 was 95.66.

PERY' s Days Inventory Range Over the Past 10 Years
Min: 87.74   Max: 121.36
Current: 98.8

87.74
121.36

During the past 13 years, Perry Ellis International Inc's highest Days Inventory was 121.36. The lowest was 87.74. And the median was 105.65.

PERY's Days Inventory is ranked higher than
55% of the 687 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: 105.78 vs. PERY: 98.80 )

Perry Ellis International Inc's days inventory declined from Jan. 2016 (111.17) to Jan. 2017 (95.66).

Inventory can be measured by Days Sales of Inventory (DSI). Perry Ellis International Inc's days sales of inventory (DSI) for the three months ended in Jan. 2017 was 58.88.

Inventory turnover measures how fast the company turns over its inventory within a year. Perry Ellis International Inc's inventory turnover for the three months ended in Jan. 2017 was 0.95.

Inventory to revenue ratio 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. Perry Ellis International Inc's inventory to revenue ratio for the three months ended in Jan. 2017 was 0.65.


Definition

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

Perry Ellis International Inc's Days Inventory for the fiscal year that ended in Jan. 2017 is calculated as

Days Inventory (A: Jan. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jan. 2016 ) + Inventory (A: Jan. 2017 )) / 2 ) / COGS (A: Jan. 2017 )*Days in Period
=( (182.75 + 151.251) / 2 ) / 542.578*365
=167.0005 / 542.578*365
=112.34

Perry Ellis International Inc's Days Inventory for the quarter that ended in Jan. 2017 is calculated as:

Days Inventory (Q: Jan. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Oct. 2016 ) + Inventory (Q: Jan. 2017 )) / 2 ) / COGS (Q: Jan. 2017 )*Days in Period
=( (112.266 + 151.251) / 2 ) / 125.69*365 / 4
=131.7585 / 125.69*365 / 4
=95.66

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Perry Ellis International Inc's Days Sales of Inventory for the three months ended in Jan. 2017 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=131.7585/204.18*365 / 4
=58.88

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Perry Ellis International Inc's Inventory Turnover for the three months ended in Jan. 2017 is calculated as

3. 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.

Perry Ellis International Inc's Inventory to Revenue for the three months ended in Jan. 2017 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=131.7585 / 204.18
=0.65

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Perry Ellis International Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysInventory 88.0687.7490.83104.41104.60106.70116.71121.36115.23112.34

Perry Ellis International Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysInventory 108.2087.27102.13103.33111.1792.35102.8391.6195.6687.89
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK