CBKCQ (Christopher & Banks) Inventory Turnover: 1.32 (As of Oct. 2020)


CBKCQ Christopher & Banks Corp CBKCQ
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What is Christopher & Banks Inventory Turnover?

Christopher & Banks CBKCQ 12 Inventory Turnover is 1.32 as of Oct. 2020. GuruFocus rates CBKCQ with a GF Score™ of 12/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Christopher & Banks's Cost of Goods Sold for the three months ended in Oct. 2020 was $54.9 Mil. Christopher & Banks's Average Total Inventories for the quarter that ended in Oct. 2020 was $41.6 Mil. Christopher & Banks's Inventory Turnover for the quarter that ended in Oct. 2020 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Christopher & Banks's Days Inventory for the three months ended in Oct. 2020 was 69.25.

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. Christopher & Banks's Inventory-to-Revenue for the quarter that ended in Oct. 2020 was 0.57.

Christopher & Banks  (OTCPK:CBKCQ) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Christopher & Banks's Days Inventory for the three months ended in Oct. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Oct. 2020 )/Cost of Goods Sold (Q: Oct. 2020 )*Days in Period
=41.634/54.862*365 / 4
=69.25

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.

Christopher & Banks's Inventory to Revenue for the quarter that ended in Oct. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2020 ) / Revenue (Q: Oct. 2020 )
=41.634 / 72.797
=0.57

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Christopher & Banks Inventory Turnover Related Terms

Christopher & Banks Inventory Turnover Historical Data

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The historical data trend for Christopher & Banks's Inventory Turnover 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.

Christopher & Banks Inventory Turnover Chart

Christopher & Banks Annual Data
Trend Feb11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 6.39 6.46 5.98 5.80

Christopher & Banks Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
Inventory Turnover 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 1.31 1.39 0.82 1.25 1.32
CBKCQ
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Christopher & Banks Corp CBKCQ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Christopher & Banks Inventory Turnover Calculation

Christopher & Banks's Inventory Turnover for the fiscal year that ended in Jan. 2020 is calculated as

Inventory Turnover (A: Jan. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2020 ) / ((Total Inventories (A: Jan. 2019 ) + Total Inventories (A: Jan. 2020 )) / count )
=240.023 / ((41.039 + 41.698) / 2 )
=240.023 / 41.3685
=5.80

Christopher & Banks's Inventory Turnover for the quarter that ended in Oct. 2020 is calculated as

Inventory Turnover (Q: Oct. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Oct. 2020 ) / ((Total Inventories (Q: Jul. 2020 ) + Total Inventories (Q: Oct. 2020 )) / count )
=54.862 / ((36.006 + 47.262) / 2 )
=54.862 / 41.634
=1.32

* 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 Inventory Turnover →
What does a Inventory Turnover of 1.32 mean?
Christopher & Banks (CBKCQ) has a Inventory Turnover of 1.32 as of Oct. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Christopher & Banks and its competitors.
Is Christopher & Banks' Inventory Turnover too high?
Christopher & Banks' current Inventory Turnover is 1.32. Overall, Christopher & Banks has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Christopher & Banks' Inventory Turnover compare to FRAN and IVDN?
Christopher & Banks' Inventory Turnover of 1.32 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Christopher & Banks and its competitors. Christopher & Banks's current Inventory Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Christopher & Banks stock overvalued right now?
Christopher & Banks (CBKCQ) has a current Inventory Turnover of 1.32. The current Inventory Turnover is 1.32. Christopher & Banks' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Christopher & Banks (CBKCQ), the current Inventory Turnover is 1.32 as of Oct. 2020. 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.

Christopher & Banks Business Description

Address 2400 Xenium Lane North, Plymouth, MN, USA, 55441
Christopher & Banks Corp is a national specialty retailer. The company through its wholly owned subsidiaries operates retail stores selling women's apparel and accessories in the United States. The company operates in Retail Operations which includes the operation of its retail stores, outlet stores, online and mobile. The company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women's apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/activewear, and sleepwear in missy, petite and women sizes. It also offers a selection of jewelry and accessories.
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