Days Inventory is also known as Days Sales of Inventory (DSI). Lowe's's Average Total Inventories for the
three
months ended in Jan. 2024 was $17,212 Mil. Lowe's's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $12,575 Mil.
Hence, Lowe's's Days Inventory for the
three
months ended in Jan. 2024 was 124.90.
The historical rank and industry rank for Lowe's's Days Inventory or its related term are showing as below:
LOW'
s Days Inventory Range Over the Past 10 Years
Min: 83.86 Med: 90.05 Max: 114.07
Current: 114.07
During the past 13 years, Lowe's's highest Days Inventory was 114.07. The lowest was 83.86. And the median was 90.05.
LOW's Days Inventory is ranked worse than 51.83% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 110.2
vs LOW: 114.07
Lowe's's Days Inventory
increased
from Jan. 2023 (115.20) to Jan. 2024 (124.90).
It might indicate that Lowe's's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lowe's's Inventory Turnover for the
three
months ended in Jan. 2024 was 0.73.
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.
Lowe's's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.93.
Lowe's Days Inventory Historical Data
The historical data trend for Lowe's'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.
Lowe's Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Days Inventory
95.47
89.30
96.09
101.77
112.37
Lowe's Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
115.20
117.15
101.80
117.43
124.90
Competitive Comparison
For the Home Improvement Retail subindustry, Lowe's'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.
Lowe's Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lowe's's Days Inventory falls into.
Lowe's Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lowe's's Days Inventory for the fiscal year that ended in Jan. 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.
Lowe's (NYSE:LOW) 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.
Lowe's's Inventory Turnover for the
three
months ended in Jan. 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.
Lowe's's Inventory to Revenue for the
three
months ended in Jan. 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.
Lowe's Days Inventory Related Terms
Thank you for viewing the detailed overview of Lowe's's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.
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