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VF (VFC) Days Inventory : 145.23 (As of Sep. 2024)


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What is VF Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VF's Average Total Inventories for the three months ended in Sep. 2024 was $2,097 Mil. VF's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,317 Mil. Hence, VF's Days Inventory for the three months ended in Sep. 2024 was 145.23.

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

VFC' s Days Inventory Range Over the Past 10 Years
Min: 84.04   Med: 98.95   Max: 161.51
Current: 161.51

During the past 13 years, VF's highest Days Inventory was 161.51. The lowest was 84.04. And the median was 98.95.

VFC's Days Inventory is ranked worse than
62.61% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs VFC: 161.51

VF's Days Inventory declined from Sep. 2023 (168.06) to Sep. 2024 (145.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. VF's Inventory Turnover for the three months ended in Sep. 2024 was 0.63.

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. VF's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.76.


VF Days Inventory Historical Data

The historical data trend for VF'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.

VF Days Inventory Chart

VF Annual Data
Trend Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.99 98.36 84.04 122.80 147.64

VF Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 168.06 159.06 145.77 193.18 145.23

Competitive Comparison of VF's Days Inventory

For the Apparel Manufacturing subindustry, VF'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.


VF's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Days Inventory distribution charts can be found below:

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



VF Days Inventory Calculation

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

VF's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (2292.79 + 1766.366) / 2 ) / 5017.445*365
=2029.578 / 5017.445*365
=147.64

VF's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2110.598 + 2082.918) / 2 ) / 1317.391*365 / 4
=2096.758 / 1317.391*365 / 4
=145.23

* 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.


VF  (NYSE:VFC) 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.

VF's Inventory Turnover for the three months ended in Sep. 2024 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.

VF's Inventory to Revenue for the three months ended in Sep. 2024 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.


VF Days Inventory Related Terms

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


VF Business Description

Address
1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Altra, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and dispositions.
Executives
Richard Carucci director 1441 GARDINER LANE, LOUISVILLE KY 47113
Bracken Darrell officer: President & Chief Exec Officer 2000 M-63N, BENTON HARBOR MI 49022
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Matthew J Shattock director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Brent Hyder officer: EVP, Chief People Officer 415 MISSION STREET, 3RD FLOOR, SAN FRANCISCO CA 94105
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mark Samuel Hoplamazian director 71 SOUTH WACKER DRIVE, SUITE 4700, CHICAGO IL 60606
Anita Z Graham officer: EVP, CHRO & Public Affairs C/O THE ADT CORPORATION, 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Beth Otto officer: EVP & Global Brand Pres. TNF C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
W Rodney Mcmullen director 1014 VINE ST, CINCINNATI OH 45202
Alex Cho director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Matthew H Puckett officer: EVP & Chief Financial Officer 1551 WEWATTA STREET, DENVER CO 80202
Jennifer S. Sim officer: EVP, GC & Secretary 1551 WEWATTA STREET, DENVER CO 80202

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