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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:
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.
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.
hhgregg Annual Data | |||||||||||||||||||||
Trend | Mar07 | Mar08 | Mar09 | Mar10 | Mar11 | Mar12 | Mar13 | Mar14 | Mar15 | Mar16 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 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 | 50.89 | 62.11 | 66.95 | 66.60 | 66.71 |
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.
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.
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
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1406.216 | / | 257.014 | |
= | 5.47 |
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
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 257.014 | / | 1959.998 | |
= | 0.13 |
* 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.
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.
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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