CONNQ (Conn's) Days Inventory: 142.30 (As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Days Inventory?

Conn's CONNQ 16 Days Inventory is 142.30 as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Conn's's Average Total Inventories for the three months ended in Jan. 2024 was $283 Mil. Conn's's Cost of Goods Sold for the three months ended in Jan. 2024 was $181 Mil. Hence, Conn's's Days Inventory for the three months ended in Jan. 2024 was 142.30.

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

CONNQ's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 104.465
* Ranked among companies with meaningful Days Inventory only.

Conn's's Days Inventory increased from Jan. 2023 (127.25) to Jan. 2024 (142.30). It might indicate that Conn's's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Conn's's Inventory Turnover for the three months ended in Jan. 2024 was 0.64.

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. Conn's's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.77.


Conn's  (OTCPK:CONNQ) 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.

Conn's'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.

Conn's's Inventory to Revenue for the three months ended in Jan. 2024 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.


Conn's Days Inventory Related Terms


Conn's Days Inventory Historical Data

* Premium members only.

The historical data trend for Conn's'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.

Conn's Days Inventory Chart

Conn's 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 115.02 113.66 97.94 125.29 166.58

Conn's 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 127.25 147.29 139.63 145.36 142.30

CONNQ vs ZKGCF, ORLY, AZO: Days Inventory Comparison

For the Specialty Retail subindustry, Conn's'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.


Conn's Days Inventory vs Retail - Cyclical Industry

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

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


CONNQ
16GF Score
Conn's Inc CONNQ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's Days Inventory Calculation

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

Conn's'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
=( (240.783 + 333.962) / 2 ) / 629.688*365
=287.3725 / 629.688*365
=166.58

Conn's'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
=( (231.814 + 333.962) / 2 ) / 181.408*365 / 4
=282.888 / 181.408*365 / 4
=142.30

* 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 Days Inventory →
What does a Days Inventory of 142.30 mean?
Conn's (CONNQ) has a Days Inventory of 142.30 as of Jan. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Conn's and its competitors.
Is Conn's' Days Inventory too high?
Conn's' current Days Inventory is 142.30. The Retail - Cyclical industry median Days Inventory is 104.47. Conn's' value of 142.30 is 36.2% above this industry median. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Days Inventory compare to ZKGCF and ORLY?
Conn's' Days Inventory of 142.30 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 104.47. Conn's' value of 142.30 is 36.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.47, based on 1,094 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Conn's's current Days Inventory of 142.30 is 36.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Conn's and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conn's's current Days Inventory is 142.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Days Inventory of 142.30. The current Days Inventory is 142.30 and 36.2% above the Retail - Cyclical industry median of 104.47. Conn's' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Conn's (CONNQ), the current Days Inventory is 142.30 as of Jan. 2024. 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.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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