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Big Lots (STU:4B3) Days Inventory : 111.38 (As of Jan. 2024)


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What is Big Lots Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Big Lots's Average Total Inventories for the three months ended in Jan. 2024 was €995 Mil. Big Lots's Cost of Goods Sold for the three months ended in Jan. 2024 was €815 Mil. Hence, Big Lots's Days Inventory for the three months ended in Jan. 2024 was 111.38.

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

STU:4B3' s Days Inventory Range Over the Past 10 Years
Min: 91.78   Med: 104.4   Max: 128.65
Current: 128.65

During the past 13 years, Big Lots's highest Days Inventory was 128.65. The lowest was 91.78. And the median was 104.40.

STU:4B3's Days Inventory is ranked worse than
91.72% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.995 vs STU:4B3: 128.65

Big Lots's Days Inventory declined from Jan. 2023 (121.67) to Jan. 2024 (111.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Big Lots's Inventory Turnover for the three months ended in Jan. 2024 was 0.82.

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. Big Lots's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.76.


Big Lots Days Inventory Historical Data

The historical data trend for Big Lots'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.

Big Lots Days Inventory Chart

Big Lots Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.02 96.20 102.64 119.47 127.08

Big Lots Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory 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 121.67 140.77 124.33 147.87 111.38

Competitive Comparison of Big Lots's Days Inventory

For the Discount Stores subindustry, Big Lots'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.


Big Lots's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Big Lots's Days Inventory distribution charts can be found below:

* The bar in red indicates where Big Lots's Days Inventory falls into.



Big Lots Days Inventory Calculation

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

Big Lots'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
=( (1065.297 + 875.131) / 2 ) / 2786.578*365
=970.214 / 2786.578*365
=127.08

Big Lots'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
=( (1114.947 + 875.131) / 2 ) / 815.221*365 / 4
=995.039 / 815.221*365 / 4
=111.38

* 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.


Big Lots  (STU:4B3) 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.

Big Lots'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.

Big Lots'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.


Big Lots Days Inventory Related Terms

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


Big Lots (STU:4B3) Business Description

Traded in Other Exchanges
Address
4900 East Dublin-Granville Road, Columbus, OH, USA, 43081
Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.

Big Lots (STU:4B3) Headlines

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