SRSCQ (Sears Canada) Days Inventory: 147.89 (As of Apr. 2017)


What is Sears Canada Days Inventory?

Sears Canada SRSCQ -99.00% Days Inventory is 147.89 as of Apr. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Sears Canada's Average Total Inventories for the three months ended in Apr. 2017 was $472 Mil. Sears Canada's Cost of Goods Sold for the three months ended in Apr. 2017 was $291 Mil. Hence, Sears Canada's Days Inventory for the three months ended in Apr. 2017 was 147.89.

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

SRSCQ's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 104.57
* Ranked among companies with meaningful Days Inventory only.

Sears Canada's Days Inventory increased from Apr. 2016 (138.14) to Apr. 2017 (147.89). It might indicate that Sears Canada's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sears Canada's Inventory Turnover for the three months ended in Apr. 2017 was 0.62.

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. Sears Canada's Inventory-to-Revenue for the three months ended in Apr. 2017 was 1.25.


Sears Canada  (OTCPK:SRSCQ) 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.

Sears Canada's Inventory Turnover for the three months ended in Apr. 2017 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.

Sears Canada's Inventory to Revenue for the three months ended in Apr. 2017 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.


Sears Canada Days Inventory Related Terms


Sears Canada Days Inventory Historical Data

* Premium members only.

The historical data trend for Sears Canada'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.

Sears Canada Days Inventory Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.08 122.72 118.58 120.47 116.71

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 138.14 130.31 136.18 105.52 147.89

Sears Canada Days Inventory Competitor Comparison

For the Department Stores subindustry, Sears Canada'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.


Sears Canada Days Inventory vs Retail - Cyclical Industry

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

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



Sears Canada Days Inventory Calculation

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

Sears Canada's Days Inventory for the fiscal year that ended in Jan. 2017 is calculated as

Days Inventory (A: Jan. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2016 ) + Total Inventories (A: Jan. 2017 )) / count ) / Cost of Goods Sold (A: Jan. 2017 )*Days in Period
=( (467.905 + 453.994) / 2 ) / 1441.629*365
=460.9495 / 1441.629*365
=116.71

Sears Canada's Days Inventory for the quarter that ended in Apr. 2017 is calculated as:

Days Inventory (Q: Apr. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2017 ) + Total Inventories (Q: Apr. 2017 )) / count ) / Cost of Goods Sold (Q: Apr. 2017 )*Days in Period
=( (453.994 + 489.916) / 2 ) / 291.211*365 / 4
=471.955 / 291.211*365 / 4
=147.89

* 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 147.89 mean?
Sears Canada (SRSCQ) has a Days Inventory of 147.89 as of Apr. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sears Canada and its competitors.
Is Sears Canada's Days Inventory too high?
Sears Canada's current Days Inventory is 147.89. The Retail - Cyclical industry median Days Inventory is 104.57. Sears Canada's value of 147.89 is 41.4% above this industry median.
How does Sears Canada's Days Inventory compare to competitors?
Sears Canada's Days Inventory of 147.89 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 104.57. Sears Canada's value of 147.89 is 41.4% above this benchmark. 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 104.57, based on 1,087 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. Sears Canada's current Days Inventory of 147.89 is 41.4% 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 Sears Canada and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sears Canada's current Days Inventory is 147.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Days Inventory of 147.89. The current Days Inventory is 147.89 and 41.4% above the Retail - Cyclical industry median of 104.57. 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 Sears Canada (SRSCQ), the current Days Inventory is 147.89 as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.