REF (Reformation) Days Inventory: 124.30 (As of Jun. 2026) — 11% Above Median

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REF Reformation Inc REF
16 GF Score
Price $15.31
! 4 Warning Signs
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What is Reformation Days Inventory?

Reformation REF -2.70% 16 Days Inventory is 124.30 as of Jun. 2026, which is 11% above its 10-year median of 111.85. GuruFocus rates REF with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 1,091 Retail - Cyclical companies, Reformation ranks better than 50.14% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Reformation's Average Total Inventories for the three months ended in Jun. 2026 was $76.3 Mil. Reformation's Cost of Goods Sold for the three months ended in Jun. 2026 was $56.0 Mil. Hence, Reformation's Days Inventory for the three months ended in Jun. 2026 was 124.30.

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

REF' s Days Inventory Range Over the Past 10 Years
Min: 101.88   Med: 111.85   Max: 121.82
Current: 101.88

During the past 3 years, Reformation's highest Days Inventory was 121.82. The lowest was 101.88. And the median was 111.85.

REF's Days Inventory is ranked better than
50.14% of 1091 companies
in the Retail - Cyclical industry
Industry Median: 102.16 vs REF: 101.88

Reformation's Days Inventory increased from . 20 (0.00) to Jun. 2026 (124.30). It might indicate that Reformation's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reformation's Inventory Turnover for the three months ended in Jun. 2026 was 0.73.

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. Reformation's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.49.


Reformation  (NYSE:REF) 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.

Reformation's Inventory Turnover for the three months ended in Jun. 2026 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.

Reformation's Inventory to Revenue for the three months ended in Jun. 2026 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.


Reformation Days Inventory Related Terms


Reformation Days Inventory Historical Data

* Premium members only.

The historical data trend for Reformation'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.

Reformation Days Inventory Chart

Reformation Annual Data
Trend Dec23 Dec24 Dec25
Days Inventory
0.00 121.17 101.46

Reformation Quarterly Data
Mar25 Jun25 Mar26 Jun26
Days Inventory 0.00 0.00 192.81 124.30

REF vs CTRN, CRI, SFIX: Days Inventory Comparison

For the Apparel Retail subindustry, Reformation'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.


Reformation Days Inventory vs Retail - Cyclical Industry

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

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


REF
16GF Score
Reformation Inc REF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Reformation Days Inventory Calculation

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

Reformation's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (51.916 + 60.64) / 2 ) / 202.455*365
=56.278 / 202.455*365
=101.46

Reformation's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (70.81 + 81.766) / 2 ) / 56.006*365 / 4
=76.288 / 56.006*365 / 4
=124.30

* 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 124.30 mean?
Reformation (REF) has a Days Inventory of 124.30 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Reformation and its competitors. This is 11% above median its historical median of 111.85. Over the past decade, Reformation's Days Inventory has ranged from 101.88 to 121.82. According to the industry distribution chart, Reformation ranks #544 out of 1091 companies in the Retail - Cyclical industry, placing it in the top 49.9%.
Is Reformation's Days Inventory too high?
Reformation's current Days Inventory of 124.30 is 11% above median its 10-year median of 111.85. Over the past 10 years, this metric has ranged from a low of 101.88 to a high of 121.82. The Retail - Cyclical industry median Days Inventory is 102.16. Reformation's value of 124.30 is 21.7% above this industry median. Based on the distribution chart, Reformation ranks #544 out of 1091 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Reformation has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Reformation's Days Inventory compare to CTRN and CRI?
According to the Retail - Cyclical industry distribution chart, Reformation ranks #544 out of 1091 companies for Days Inventory. This puts Reformation in the upper half of its industry. The industry median Days Inventory is 102.16. Reformation's value of 124.30 is 21.7% above this benchmark. Historically, Reformation's own Days Inventory has ranged from 101.88 to 121.82 over the past decade. While the company's 10-year median is 111.85 vs. the industry median of 102.16, Reformation has consistently been above the industry average. 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 102.16, based on 1,091 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. Reformation's current Days Inventory of 124.30 is 21.7% 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 Reformation and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 102.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reformation's current Days Inventory is 124.30, which is 11% above median its own 10-year median of 111.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reformation stock overvalued right now?
Reformation (REF) has a current Days Inventory of 124.30. The current Days Inventory is 124.30, which is 11% above median its 10-year median of 111.85 and 21.7% above the Retail - Cyclical industry median of 102.16. Reformation's overall GF Score™ is 16/100 with 4 warning signs to review. 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 Reformation (REF), the current Days Inventory is 124.30 as of Jun. 2026. 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.

Reformation Business Description

Address 5801 S. 2nd Street, Vernon, CA, USA, 90058
Reformation Inc sells apparel and accessories through its website, company-owned retail stores, wholesale channels, and other distribution channels in the United States and internationally. Its product portfolio includes dresses, bottoms, tops, sweaters, and accessories. The company focuses on womenswear and sources materials and products through its supply chain operations. The majority of the company's revenue was derived from the sale of its apparel and accessories, including clothing, shoes, and bags, through e-commerce and retail. Geographically, the maximum revenue is generated from the United States.
16GF Score

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