Roots (TSX:ROOT) Change In Inventory : C$18.8 Mil (TTM As of Jan. 2024)

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What is Roots Change In Inventory?

Roots's change in inventory for the quarter that ended in Jan. 2024 was C$25.2 Mil. It means Roots's inventory declined by C$25.2 Mil from Oct. 2023 to Jan. 2024 .

Roots's change in inventory for the fiscal year that ended in Jan. 2024 was C$18.8 Mil. It means Roots's inventory declined by C$18.8 Mil from Jan. 2023 to Jan. 2024 .

Roots's Total Inventories for the quarter that ended in Jan. 2024 was C$36.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Roots's Days Inventory for the quarter that ended in Jan. 2024 was 99.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Roots's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.92.

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. Roots's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.45.

Roots Change In Inventory Historical Data

The historical data trend for Roots'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.

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Roots Change In Inventory Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

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9.38

-4.54

1.15

-13.73

18.83

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															17.87	4.57	-5.45	-5.51	25.22

Roots 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$18.8 Mil.

Roots (TSX:ROOT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	48.769	/	44.818	*	365 / 4
	=	99.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.818	/	48.769
	=	0.92

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.769	/	108.234
	=	0.45

Roots Change In Inventory Related Terms

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Roots (TSX:ROOT) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Roots Corp (TSX:ROOT) » Definitions » Change In Inventory

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RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.