Tilly's (Tilly's) Total Inventories : $63.2 Mil (As of Jan. 2024)

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What is Tilly's Total Inventories?

Tilly's's total inventories for the quarter that ended in Jan. 2024 was $63.2 Mil. Tilly's's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $73.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tilly's's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-5.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tilly's's Days Inventory for the three months ended in Jan. 2024 was 52.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tilly's's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.73.

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. Tilly's's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.42.

Tilly's Total Inventories Historical Data

The historical data trend for Tilly's'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.

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Tilly's Total Inventories Chart

Tilly's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Inventories

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56.90

55.70

65.65

62.12

63.16

Tilly's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Inventories	Get a 7-Day Free Trial															62.12	77.18	91.25	82.75	63.16

Tilly's Total Inventories Calculation

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.

Tilly's (NYSE:TLYS) 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.

Tilly's's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(95.048	+	0.75 * 0	+	0.5 * 63.159	-	284.676
-	0	-	0)	/	30.0201
=	-5.26

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

Tilly's's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	72.956	/	126.336	*	365 / 4
	=	52.69

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

Tilly's's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	126.336	/	72.956
	=	1.73

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.

Tilly's's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	72.956	/	173.02
	=	0.42

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.

Tilly's Total Inventories Related Terms

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Tilly's (Tilly's) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tilly's Inc (NYSE:TLYS) » Definitions » Total Inventories

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Address

10 Whatney, Irvine, CA, USA, 92618

Website

https://www.tillys.com

Tilly's Inc works as a specialty retailer of casual apparel, footwear, and accessories for young men, young women, boys, and girls. It offers an unparalleled selection of relevant brands, styles, colors, sizes, and price points. It delivers branded fashion, and core styles for tops, outerwear, bottoms, and dresses. It also provides backpacks, hats, sunglasses, headphones, handbags, watches, and jewelry. The company markets its products under the brand names of Vans, RVCA, Adidas, Nike SB, and Hurley among others. It operates its stores in malls, lifestyle centers, power centers, community centers, outlet centers, street-front locations, and also through e-commerce.

Executives

Pleasant Lake Onshore Feeder Fund Lp	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Seth R Johnson	director
Janet Kerr	director	50 CASTILIAN DR, GOLETA CA 93117
Michael Henry	officer: CHIEF FINANCIAL OFFICER	10 WHATNEY, IRVINE CA 92618
Laura Janney	officer: SEE REMARKS	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Robert Simon Goodwin	officer: See Remarks	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Jonathon David Kosoff	officer: Chief Digital Officer	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Hezy Shaked	director, 10 percent owner, officer: CHIEF STRATEGY OFFICER	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Pleasant Lake Partners Llc	10 percent owner	100 CARR 115 UNIT 1900, RINCON PR 00677
Fund 1 Investments, Llc	10 percent owner	100 CARR 115, UNIT 1900, RINCON PR 00677
Edmond Thomas	director, officer: President and CEO	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Bernard Zeichner	director	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Teresa Luna Aragones	director	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Erin Melissa Chin	director	C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Tricia D Smith	officer: EVP CMO	C/O URBAN OUTFITTERS INC, 5000 SOUTH BROAD STREET, PHILADELPHIA X1 19112