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David Jones (ASX:DJS) Days Inventory : 70.21 (As of Jan. 2014)


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What is David Jones Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). David Jones's Average Total Inventories for the six months ended in Jan. 2014 was A$238 Mil. David Jones's Cost of Goods Sold for the six months ended in Jan. 2014 was A$619 Mil. Hence, David Jones's Days Inventory for the six months ended in Jan. 2014 was 70.21.

The historical rank and industry rank for David Jones's Days Inventory or its related term are showing as below:

ASX:DJS's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 110.775
* Ranked among companies with meaningful Days Inventory only.

David Jones's Days Inventory declined from Jan. 2013 (79.39) to Jan. 2014 (70.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. David Jones's Inventory Turnover for the six months ended in Jan. 2014 was 2.60.

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. David Jones's Inventory-to-Revenue for the six months ended in Jan. 2014 was 0.22.


David Jones Days Inventory Historical Data

The historical data trend for David Jones's Days 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.

* Premium members only.

David Jones Days Inventory Chart

David Jones Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.41 77.76 87.27 88.74 84.36

David Jones Semi-Annual Data
Jul04 Jan05 Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14
Days 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 78.94 90.27 79.39 86.18 70.21

Competitive Comparison of David Jones's Days Inventory

For the Department Stores subindustry, David Jones's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


David Jones's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, David Jones's Days Inventory distribution charts can be found below:

* The bar in red indicates where David Jones's Days Inventory falls into.



David Jones Days Inventory Calculation

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

David Jones's Days Inventory for the fiscal year that ended in Jul. 2013 is calculated as

Days Inventory (A: Jul. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2012 ) + Total Inventories (A: Jul. 2013 )) / count ) / Cost of Goods Sold (A: Jul. 2013 )*Days in Period
=( (279.099 + 251.543) / 2 ) / 1147.968*365
=265.321 / 1147.968*365
=84.36

David Jones's Days Inventory for the quarter that ended in Jan. 2014 is calculated as:

Days Inventory (Q: Jan. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2013 ) + Total Inventories (Q: Jan. 2014 )) / count ) / Cost of Goods Sold (Q: Jan. 2014 )*Days in Period
=( (251.543 + 224.767) / 2 ) / 619.028*365 / 2
=238.155 / 619.028*365 / 2
=70.21

* 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.


David Jones  (ASX:DJS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

David Jones's Inventory Turnover for the six months ended in Jan. 2014 is calculated as

2. 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.

David Jones's Inventory to Revenue for the six months ended in Jan. 2014 is calculated as

* 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

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.


David Jones Days Inventory Related Terms

Thank you for viewing the detailed overview of David Jones's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


David Jones (ASX:DJS) Business Description

Traded in Other Exchanges
N/A
Address
David Jones Limited is engaged in the business of department store retailing and providing financial services. It operates in two segments: Department Stores and Financial Services. The company operates department stores and rack stores in New South Wales, Australian Capital Territory, Victoria, Queensland, South Australia, and Western Australia. The company also has a financial services alliance with American Express Australia Limited, which is relating to the assignment of store card and credit reserve receivables, and the launch of a general purpose credit card. Its Services include: Corporate Services, Insurance Card, Gift Registry, Bridal at David Jones, David Jones Celebration Card Statement, Style Advisors, Personal Shopping, Shopping Online, Gift Card, Interior Decorating, Flowers, Food hall, The Rose Clinic, Bra Fitting etc.

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