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Children's Place's total inventories for the quarter that ended in Oct. 2023 was $462 Mil. Children's Place's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was $500 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Children's Place's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-45.83.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Children's Place's Days Inventory for the three months ended in Oct. 2023 was 143.31.
Inventory Turnover measures how fast the company turns over its inventory within a year. Children's Place's Inventory Turnover for the quarter that ended in Oct. 2023 was 0.64.
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. Children's Place's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 1.04.
The historical data trend for Children's Place's Total Inventories 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.
Children's Place Annual Data | |||||||||||||||||||||
Trend | Jan14 | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 303.47 | 327.17 | 388.14 | 428.81 | 447.80 |
Children's Place Quarterly Data | ||||||||||||||||||||
Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | |
Total Inventories | Get a 7-Day Free Trial | 548.72 | 447.80 | 504.19 | 536.98 | 462.41 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Children's Place (NAS:PLCE) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Children's Place's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is
Net-Net Working Capital Per Share (Q: Oct. 2023 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (13.522 | + | 0.75 * 51.712 | + | 0.5 * 462.411 | - | 855.31 |
- | 0 | - | 0) | / | 12.476 | ||
= | -45.83 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Children's Place's Days Inventory for the three months ended in Oct. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Oct. 2023 ) | / | Cost of Goods Sold (Q: Oct. 2023 ) | * | Days in Period |
= | 499.6955 | / | 318.182 | * | 365 / 4 | |
= | 143.31 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Children's Place's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Oct. 2023 ) | / | Average Total Inventories (Q: Oct. 2023 ) |
= | 318.182 | / | 499.6955 | |
= | 0.64 |
4. 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.
Children's Place's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Oct. 2023 ) | / | Revenue (Q: Oct. 2023 ) |
= | 499.6955 | / | 480.234 | |
= | 1.04 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Children's Place's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Maegan Markee | officer: BRAND PRESIDENT | 500 PLAZA DRIVE, SECAUCUS NJ 07094 |
Alicia Enciso | director | 1721 VALLEY AVENUE, MCLEAN VA 22101 |
Jane T Elfers | officer: President and CEO | C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094 |
Wesley S Mcdonald | director | |
Michael A Shaffer | director | C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016 |
Sheamus Toal | officer: SVP, CHIEF FINANCIAL OFFICER | 450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001 |
John E. Bachman | director | 77 EXETER STREET, 1809, BOSTON MA 02116 |
Joseph A Alutto | director | 810 CURLEYS COURT, COLUMBUS OH 43235 |
Jared Shure | officer: SVP, GEN COUNSEL & SECRETARY | 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
Elizabeth J Boland | director | C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459 |
Deborah Derby | officer: CHIEF ADMINISTRATIVE OFFICER | TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645 |
Katherine Kountze | director | 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
Michael D Rinaldo | officer: CHIEF ACCOUNTING OFFICER | C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022 |
Leah Swan | officer: CHIEF ADMINISTRATIVE OFFICER | 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094 |
Robert F Helm | officer: SVP, FINANCE & INV MGMT (CAO) | 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
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