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hhgregg (hhgregg) Days Inventory : 66.71 (As of Mar. 2016)


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What is hhgregg Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). hhgregg's Average Total Inventories for the six months ended in Mar. 2016 was $257 Mil. hhgregg's Cost of Goods Sold for the six months ended in Mar. 2016 was $1,406 Mil. Hence, hhgregg's Days Inventory for the six months ended in Mar. 2016 was 33.36.

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

HGGG's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 109.96
* Ranked among companies with meaningful Days Inventory only.

hhgregg's Days Inventory declined from Mar. 2014 (66.95) to Mar. 2016 (66.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. hhgregg's Inventory Turnover for the six months ended in Mar. 2016 was 5.47.

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. hhgregg's Inventory-to-Revenue for the six months ended in Mar. 2016 was 0.13.


hhgregg Days Inventory Historical Data

The historical data trend for hhgregg'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.

hhgregg Days Inventory Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.89 62.11 66.95 66.60 66.71

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
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 50.89 62.11 66.95 66.60 66.71

Competitive Comparison of hhgregg's Days Inventory

For the Specialty Retail subindustry, hhgregg'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.


hhgregg's Days Inventory Distribution in the Retail - Cyclical Industry

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

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



hhgregg Days Inventory Calculation

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

hhgregg's Days Inventory for the fiscal year that ended in Mar. 2016 is calculated as

Days Inventory (A: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2015 ) + Total Inventories (A: Mar. 2016 )) / count ) / Cost of Goods Sold (A: Mar. 2016 )*Days in Period
=( (257.469 + 256.559) / 2 ) / 1406.216*365
=257.014 / 1406.216*365
=66.71

hhgregg's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (257.469 + 256.559) / 2 ) / 1406.216*365 / 2
=257.014 / 1406.216*365 / 2
=33.36

* 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.


hhgregg  (OTCPK:HGGG) 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.

hhgregg's Inventory Turnover for the six months ended in Mar. 2016 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.

hhgregg's Inventory to Revenue for the six months ended in Mar. 2016 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.


hhgregg Days Inventory Related Terms

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


hhgregg (hhgregg) Business Description

Traded in Other Exchanges
N/A
Address
4151 East 96th Street, Indianapolis, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.
Executives
Aaron Trahan officer: Chief Merchandising Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti director 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz officer: Chief Information Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson officer: Chief Retail Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs officer: Principal Accounting Officer HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael director 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham director LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman officer: Chief Merchandising Officer HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck officer: Chief Financial Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch officer: Chief Operating Officer 300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler officer: INTERIM CFO 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle officer: Chief Marketing Officer 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines officer: Chief Merchandising Officer 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240

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