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Signet Jewelers (Signet Jewelers) Days Inventory

: 129.90 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Signet Jewelers's Average Total Inventories for the three months ended in Jan. 2024 was $2,016 Mil. Signet Jewelers's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,416 Mil. Hence, Signet Jewelers's Days Inventory for the three months ended in Jan. 2024 was 129.90.

The historical rank and industry rank for Signet Jewelers's Days Inventory or its related term are showing as below:

SIG' s Days Inventory Range Over the Past 10 Years
Min: 158.86   Med: 210.45   Max: 227.93
Current: 175.71

During the past 13 years, Signet Jewelers's highest Days Inventory was 227.93. The lowest was 158.86. And the median was 210.45.

SIG's Days Inventory is ranked worse than
71.32% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 110.39 vs SIG: 175.71

Signet Jewelers's Days Inventory declined from Jan. 2023 (134.35) to Jan. 2024 (129.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Signet Jewelers's Inventory Turnover for the three months ended in Jan. 2024 was 0.70.

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. Signet Jewelers's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.81.


Signet Jewelers Days Inventory Historical Data

The historical data trend for Signet Jewelers'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.

Signet Jewelers Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 220.05 227.93 158.86 160.43 171.63

Signet Jewelers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 134.35 190.86 194.61 214.63 129.90

Competitive Comparison

For the Luxury Goods subindustry, Signet Jewelers'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.


Signet Jewelers Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Signet Jewelers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Signet Jewelers's Days Inventory falls into.



Signet Jewelers Days Inventory Calculation

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

Signet Jewelers's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (2150.3 + 1936.6) / 2 ) / 4345.7*365
=2043.45 / 4345.7*365
=171.63

Signet Jewelers's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2095.7 + 1936.6) / 2 ) / 1416.3*365 / 4
=2016.15 / 1416.3*365 / 4
=129.90

* 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.


Signet Jewelers  (NYSE:SIG) 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.

Signet Jewelers'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.

Signet Jewelers'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.


Signet Jewelers Days Inventory Related Terms

Thank you for viewing the detailed overview of Signet Jewelers's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Signet Jewelers (Signet Jewelers) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Executives
Virginia Drosos director, officer: Chief Executive Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick officer: Chief Information Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn officer: Chief People Officer 770 BROADWAY, NEW YORK NY 10003
Stash Ptak officer: * See Remarks 375 GHENT RD, AKRON OH 44333
William Brace officer: See Remarks 375 GHENT RD, AKRON OH 44333
Joan M Hilson officer: Chief Financial Officer 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman officer: President of JamesAllen.com CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy officer: Chief Supply Chain Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks director C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters officer: Chief Digital Officer 375 GHENT RD, AKRON OH 44333
Jamie Singleton officer: See Remarks 9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11