Fred's (STU:FR1A) Days Inventory : 87.25 (As of Apr. 2019)

Fred's Days Inventory Chart

Fred's Annual Data
	Trend	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19
Days Inventory		Get a 7-Day Free Trial					78.70	83.15	87.78	114.34	96.10

Fred's Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Apr20
Days Inventory	Get a 7-Day Free Trial															77.61	98.59	93.86	87.25	-

Competitive Comparison of Fred's's Days Inventory

For the Discount Stores subindustry, Fred's'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.

Fred's's Days Inventory Distribution in the Retail - Defensive Industry

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

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

Fred's Days Inventory Calculation

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

Fred's's Days Inventory for the fiscal year that ended in Jan. 2019 is calculated as

Fred's's Days Inventory for the quarter that ended in Apr. 2019 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.

Fred's  (STU:FR1A) 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.

Fred's's Inventory Turnover for the three months ended in Apr. 2019 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.

Fred's's Inventory to Revenue for the three months ended in Apr. 2019 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.

Fred's Days Inventory Related Terms

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Fred's Business Description