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Urban Outfitters (BUE:URBN) Days Inventory : 37.40 (As of Jan. 2024)


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What is Urban Outfitters Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Urban Outfitters's Average Total Inventories for the three months ended in Jan. 2024 was ARS348,598 Mil. Urban Outfitters's Cost of Goods Sold for the three months ended in Jan. 2024 was ARS850,497 Mil. Hence, Urban Outfitters's Days Inventory for the three months ended in Jan. 2024 was 37.40.

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

BUE:URBN' s Days Inventory Range Over the Past 10 Years
Min: 50.6   Med: 56.19   Max: 64.46
Current: 64.46

During the past 13 years, Urban Outfitters's highest Days Inventory was 64.46. The lowest was 50.60. And the median was 56.19.

BUE:URBN's Days Inventory is ranked better than
71.25% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs BUE:URBN: 64.46

Urban Outfitters's Days Inventory declined from Jan. 2023 (54.40) to Jan. 2024 (37.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Urban Outfitters's Inventory Turnover for the three months ended in Jan. 2024 was 2.44.

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. Urban Outfitters's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.29.


Urban Outfitters Days Inventory Historical Data

The historical data trend for Urban Outfitters'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.

Urban Outfitters Days Inventory Chart

Urban Outfitters Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.72 48.04 53.09 49.76 36.03

Urban Outfitters Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 54.40 72.38 55.49 63.53 37.40

Competitive Comparison of Urban Outfitters's Days Inventory

For the Apparel Retail subindustry, Urban Outfitters'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.


Urban Outfitters's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Urban Outfitters's Days Inventory falls into.



Urban Outfitters Days Inventory Calculation

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

Urban Outfitters's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (103900.465 + 444843.136) / 2 ) / 2779316.034*365
=274371.8005 / 2779316.034*365
=36.03

Urban Outfitters's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (252353.846 + 444843.136) / 2 ) / 850496.659*365 / 4
=348598.491 / 850496.659*365 / 4
=37.40

* 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.


Urban Outfitters  (BUE:URBN) 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.

Urban Outfitters's Inventory Turnover for the three months ended in Jan. 2024 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.

Urban Outfitters's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=348598.491 / 1201513.515
=0.29

* 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.


Urban Outfitters Days Inventory Related Terms

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


Urban Outfitters (BUE:URBN) Business Description

Traded in Other Exchanges
Address
5000 South Broad Street, Philadelphia, PA, USA, 19112-1495
Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates about 700 stores and e-commerce in North America (87% of fiscal 2023 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 92% of fiscal 2023 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly. Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (63% of fiscal 2023 sales), home goods (19% of sales), accessories (13% of sales), and more.

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