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SRSCQ (Sears Canada) Inventory-to-Revenue : 1.26 (As of Apr. 2017)


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What is Sears Canada Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Apr. 2017 was $472 Mil. Sears Canada's Revenue for the three months ended in Apr. 2017 was $376 Mil. Sears Canada's Inventory-to-Revenue for the quarter that ended in Apr. 2017 was 1.26.

Sears Canada's Inventory-to-Revenue for the quarter that ended in Apr. 2017 increased from Jan. 2017 (0.87) to Jan. 2017 (1.26)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Apr. 2017 was 147.89.

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


Sears Canada Inventory-to-Revenue Historical Data

The historical data trend for Sears Canada's Inventory-to-Revenue 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.

Sears Canada Inventory-to-Revenue Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.22 0.22 0.23 0.23

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Inventory-to-Revenue 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 1.09 1.03 1.07 0.87 1.26

Competitive Comparison of Sears Canada's Inventory-to-Revenue

For the Department Stores subindustry, Sears Canada's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Sears Canada's Inventory-to-Revenue falls into.


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Sears Canada Inventory-to-Revenue Calculation

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 fiscal year that ended in Jan. 2017 is calculated as

Inventory-to-Revenue (A: Jan. 2017 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2016 ) + Total Inventories (A: Jan. 2017 )) / count ) / Revenue (A: Jan. 2017 )
=( (467.905 + 453.994) / 2 ) / 1982.553
=460.9495 / 1982.553
=0.23

Sears Canada's Inventory-to-Revenue for the quarter that ended in Apr. 2017 is calculated as

Inventory-to-Revenue (Q: Apr. 2017 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jan. 2017 ) + Total Inventories (Q: Apr. 2017 )) / count ) / Revenue (Q: Apr. 2017 )
=( (453.994 + 489.916) / 2 ) / 376.2
=471.955 / 376.2
=1.25

* 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  (OTCPK:SRSCQ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 three months ended in Apr. 2017 is calculated as:

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

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2017 ) / Average Total Inventories (Q: Apr. 2017 )
=291.211 / 471.955
=0.62

* 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 Inventory-to-Revenue Related Terms

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Sears Canada Business Description

Traded in Other Exchanges
N/A
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.

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