Tiffany (Tiffany) Inventory-to-Revenue : 2.48 (As of Oct. 2020)

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What is Tiffany 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. Tiffany's Average Total Inventories for the quarter that ended in Oct. 2020 was $2,498 Mil. Tiffany's Revenue for the three months ended in Oct. 2020 was $1,008 Mil. Tiffany's Inventory-to-Revenue for the quarter that ended in Oct. 2020 was 2.48.

Tiffany's Inventory-to-Revenue for the quarter that ended in Oct. 2020 declined from Jul. 2020 (3.36) to Jul. 2020 (2.48)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tiffany's Days Inventory for the three months ended in Oct. 2020 was 624.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tiffany's Inventory Turnover for the quarter that ended in Oct. 2020 was 0.15.

Tiffany Inventory-to-Revenue Historical Data

The historical data trend for Tiffany'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.

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Tiffany Inventory-to-Revenue Chart

Tiffany Annual Data

Trend

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Inventory-to-Revenue

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0.56

0.55

0.53

0.55

Tiffany Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Inventory-to-Revenue	Get a 7-Day Free Trial															2.50	1.86	4.47	3.36	2.48

Competitive Comparison of Tiffany's Inventory-to-Revenue

For the Luxury Goods subindustry, Tiffany'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.

Tiffany's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

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

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

Tiffany Inventory-to-Revenue Calculation

Tiffany's Inventory-to-Revenue for the fiscal year that ended in Jan. 2020 is calculated as

	Inventory-to-Revenue (A: Jan. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Jan. 2019 )	+	Total Inventories (A: Jan. 2020 ))	/	count )	/	Revenue (A: Jan. 2020 )
=	( (2428	+	2463.9)	/	2 )	/	4424
=	2445.95					/	4424
=	0.55

Tiffany's Inventory-to-Revenue for the quarter that ended in Oct. 2020 is calculated as

	Inventory-to-Revenue (Q: Oct. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jul. 2020 )	+	Total Inventories (Q: Oct. 2020 ))	/	count )	/	Revenue (Q: Oct. 2020 )
=	( (2510.4	+	2485.1)	/	2 )	/	1008.2
=	2497.75					/	1008.2
=	2.48

Tiffany (NYSE:TIF) 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:

More Related Terms:

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

Tiffany'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
	=	2497.75	/	364.7	*	365 / 4
	=	624.95

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Oct. 2020 )	/	Average Total Inventories (Q: Oct. 2020 )
	=	364.7	/	2497.75
	=	0.15

Tiffany Inventory-to-Revenue Related Terms

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Tiffany (Tiffany) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tiffany & Co (NYSE:TIF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Fifth Avenue, New York, NY, USA, 10010

Website

https://www.tiffany.com

Tiffany is a monobrand jeweler with a 180-year history. It is vertically integrated, with around 60% of jewellery produced internally. Tiffany is present in over 20 countries globally, with over 300 own stores. Its biggest market is its home market, the U.S.; however, Europe and Asia-Pacific have shown the strongest growth in recent years. Engagement jewellery contributes 26% of sales, the remainder being designer jewellery and other collections.

Executives

Alessandro Bogliolo	director, officer: Chief Executive Officer	727 FIFTH AVENUE, NEW YORK NY 10022
Gretchen Koback-pursel	officer: Senior Vice President	200 FIFTH AVENUE NEW YORK NY 10010
Andrea Davey	officer: Senior Vice President	200 FIFTH AVENUE NEW YORK NY 10010
Philippe Galtie	officer: Senior Vice President	200 FIFTH AVENUE NEW YORK NY 10010
Leigh M. Harlan	officer: SENIOR VICE PRESIDENT	200 FIFTH AVENUE NEW YORK NY 10010
Mark J Erceg	officer: Principal Financial Officer	248 E. SKYLINE DRIVE, WASHINGTON UT 84780
Andrew W. Hart	officer: SENIOR VICE PRESIDENT	TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022
Daniella Vitale	officer: Executive Vice President	200 FIFTH AVENUE NEW YORK NY 10010
Francesco Trapani	director	727 FIFTH AVENUE NEW YORK NY 10022
Abby F Kohnstamm	director	C/O TIFFANY & CO., CORP. SECRETARY'S DEPT., 600 MADISON AV, NEW YORK NY 10022
Hafize Gaye Erkan	director	727 FIFTH AVENUE, NEW YORK NY 10022
Hudis Jane Hertzmark	director	C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Lawrence K Fish	director	ONE CITIZENS PLAZA, PROVIDENCE RI 02903
William A Shutzer	director	C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
Pamela H Cloud	officer: Senior Vice President	TIFFANY & CO. 727 FIFTH AVENUE NEW YORK NY 10022