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Coastal Contacts (OSTO:COA) Days Inventory : 93.13 (As of Jan. 2014)


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What is Coastal Contacts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coastal Contacts's Average Total Inventories for the three months ended in Jan. 2014 was kr179 Mil. Coastal Contacts's Cost of Goods Sold for the three months ended in Jan. 2014 was kr175 Mil. Hence, Coastal Contacts's Days Inventory for the three months ended in Jan. 2014 was 93.13.

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

OSTO:COA's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 192.74
* Ranked among companies with meaningful Days Inventory only.

Coastal Contacts's Days Inventory increased from Jan. 2013 (74.92) to Jan. 2014 (93.13). It might indicate that Coastal Contacts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coastal Contacts's Inventory Turnover for the three months ended in Jan. 2014 was 0.98.

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. Coastal Contacts's Inventory-to-Revenue for the three months ended in Jan. 2014 was 0.58.


Coastal Contacts Days Inventory Historical Data

The historical data trend for Coastal Contacts'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.

Coastal Contacts Days Inventory Chart

Coastal Contacts Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.56 55.59 61.91 83.14 81.64

Coastal Contacts Quarterly Data
Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 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 74.92 74.51 73.62 88.34 93.13

Competitive Comparison of Coastal Contacts's Days Inventory

For the Medical Instruments & Supplies subindustry, Coastal Contacts'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.


Coastal Contacts's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Coastal Contacts's Days Inventory distribution charts can be found below:

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



Coastal Contacts Days Inventory Calculation

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

Coastal Contacts's Days Inventory for the fiscal year that ended in Oct. 2013 is calculated as

Days Inventory (A: Oct. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2012 ) + Total Inventories (A: Oct. 2013 )) / count ) / Cost of Goods Sold (A: Oct. 2013 )*Days in Period
=( (171.078 + 179.285) / 2 ) / 783.201*365
=175.1815 / 783.201*365
=81.64

Coastal Contacts'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: Oct. 2013 ) + Total Inventories (Q: Jan. 2014 )) / count ) / Cost of Goods Sold (Q: Jan. 2014 )*Days in Period
=( (179.285 + 178.371) / 2 ) / 175.217*365 / 4
=178.828 / 175.217*365 / 4
=93.13

* 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.


Coastal Contacts  (OSTO:COA) 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.

Coastal Contacts's Inventory Turnover for the three 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.

Coastal Contacts's Inventory to Revenue for the three 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.


Coastal Contacts Days Inventory Related Terms

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


Coastal Contacts (OSTO:COA) Business Description

Traded in Other Exchanges
N/A
Address
Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.

Coastal Contacts (OSTO:COA) Headlines

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