Days Inventory is also known as Days Sales of Inventory (DSI). Qurate Retail's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,137 Mil. Qurate Retail's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $2,084 Mil.
Hence, Qurate Retail's Days Inventory for the
three
months ended in Dec. 2023 was 49.76.
The historical rank and industry rank for Qurate Retail's Days Inventory or its related term are showing as below:
QRTEA'
s Days Inventory Range Over the Past 10 Years
Min: 50.54 Med: 57.59 Max: 64.37
Current: 61.72
During the past 13 years, Qurate Retail's highest Days Inventory was 64.37. The lowest was 50.54. And the median was 57.59.
QRTEA's Days Inventory is ranked better than 72.57% of 1068
companies
in the Retail - Cyclical industry
Industry Median: 110.545
vs QRTEA: 61.72
Qurate Retail's Days Inventory
declined
from Dec. 2022 (55.55) to Dec. 2023 (49.76).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Qurate Retail's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.83.
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.
Qurate Retail's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.36.
Qurate Retail Days Inventory Historical Data
The historical data trend for Qurate Retail'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.
Competitive Comparison of Qurate Retail's Days Inventory
For the Internet Retail subindustry, Qurate Retail'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.
Qurate Retail's Days Inventory Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Qurate Retail's Days Inventory distribution charts can be found below:
* The bar in red indicates where Qurate Retail's Days Inventory falls into.
Qurate Retail Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Qurate Retail's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Qurate Retail (NAS:QRTEA) 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.
Qurate Retail's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Qurate Retail's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Qurate Retail Days Inventory Related Terms
Thank you for viewing the detailed overview of Qurate Retail's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Qurate Retail (Qurate Retail) Business Description
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.
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