SRSCQ (Sears Canada) Change In Inventory: $30 Mil (TTM As of Apr. 2017)

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What is Sears Canada Change In Inventory?

Sears Canada SRSCQ -99.00% Change In Inventory is $30 Mil as of Apr. 2017.

Sears Canada's change in inventory for the quarter that ended in Apr. 2017 was $-45 Mil. It means Sears Canada's inventory increased by $45 Mil from Jan. 2017 to Apr. 2017 .

Sears Canada's change in inventory for the fiscal year that ended in Jan. 2017 was $50 Mil. It means Sears Canada's inventory declined by $50 Mil from Jan. 2016 to Jan. 2017 .

Sears Canada's Total Inventories for the quarter that ended in Apr. 2017 was $490 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sears Canada's Days Inventory for the quarter that ended in Apr. 2017 was 147.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sears Canada's Inventory Turnover for the quarter that ended in Apr. 2017 was 0.62.

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. Sears Canada's Inventory-to-Revenue for the quarter that ended in Apr. 2017 was 1.25.

Sears Canada  (OTCPK:SRSCQ) Change In Inventory Explanation

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

Sears Canada's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=471.955/291.211*365 / 4
=147.89

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

Sears Canada's Inventory Turnover for the quarter that ended in Apr. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=291.211 / 471.955
=0.62

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.

Sears Canada's Inventory to Revenue for the quarter that ended in Apr. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=471.955 / 376.2
=1.25

* 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.

Sears Canada Change In Inventory Related Terms

Sears Canada Change In Inventory Historical Data

* Premium members only.

The historical data trend for Sears Canada's Change In 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.

Sears Canada Change In Inventory Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.72 70.20 109.88 -16.47 50.29

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Change In Inventory Get a 7-Day Free Trial 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 -24.19 57.08 -60.60 78.21 -44.50

Sears Canada Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $30 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $30 Mil mean?
Sears Canada (SRSCQ) has a Change In Inventory of $30 Mil as of Apr. 2017. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sears Canada and its competitors.
Is Sears Canada's Change In Inventory too high?
Sears Canada's current Change In Inventory is $30 Mil.
How does Sears Canada's Change In Inventory compare to competitors?
Sears Canada's Change In Inventory of $30 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sears Canada and its competitors. Sears Canada's current Change In Inventory is $30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Change In Inventory of $30 Mil. The current Change In Inventory is $30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Sears Canada (SRSCQ), the current Change In Inventory is $30 Mil as of Apr. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.