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Signature Eyewear (Signature Eyewear) Days Inventory : 208.81 (As of Apr. 2011)


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What is Signature Eyewear Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Signature Eyewear's Average Total Inventories for the three months ended in Apr. 2011 was $3.95 Mil. Signature Eyewear's Cost of Goods Sold for the three months ended in Apr. 2011 was $1.73 Mil. Hence, Signature Eyewear's Days Inventory for the three months ended in Apr. 2011 was 208.81.

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

SEYE's Days Inventory is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 190.74
* Ranked among companies with meaningful Days Inventory only.

Signature Eyewear's Days Inventory increased from Apr. 2010 (154.67) to Apr. 2011 (208.81). It might indicate that Signature Eyewear's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Signature Eyewear's Inventory Turnover for the three months ended in Apr. 2011 was 0.44.

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. Signature Eyewear's Inventory-to-Revenue for the three months ended in Apr. 2011 was 0.88.


Signature Eyewear Days Inventory Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear Days Inventory Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.45 192.53 216.14 211.13 195.26

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
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 154.67 194.21 193.23 192.58 208.81

Competitive Comparison of Signature Eyewear's Days Inventory

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.


Signature Eyewear's Days Inventory Distribution in the Medical Devices & Instruments Industry

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

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



Signature Eyewear Days Inventory Calculation

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

Signature Eyewear's Days Inventory for the fiscal year that ended in Oct. 2010 is calculated as

Days Inventory (A: Oct. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2009 ) + Total Inventories (A: Oct. 2010 )) / count ) / Cost of Goods Sold (A: Oct. 2010 )*Days in Period
=( (4.054 + 4.115) / 2 ) / 7.635*365
=4.0845 / 7.635*365
=195.26

Signature Eyewear's Days Inventory for the quarter that ended in Apr. 2011 is calculated as:

Days Inventory (Q: Apr. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2011 ) + Total Inventories (Q: Apr. 2011 )) / count ) / Cost of Goods Sold (Q: Apr. 2011 )*Days in Period
=( (4.023 + 3.881) / 2 ) / 1.727*365 / 4
=3.952 / 1.727*365 / 4
=208.81

* 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.


Signature Eyewear  (OTCPK:SEYE) 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.

Signature Eyewear's Inventory Turnover for the three months ended in Apr. 2011 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.

Signature Eyewear's Inventory to Revenue for the three months ended in Apr. 2011 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.


Signature Eyewear Days Inventory Related Terms

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


Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

Signature Eyewear (Signature Eyewear) Headlines

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