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UniFirst (UniFirst) Days Inventory : 91.87 (As of Feb. 2024)


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What is UniFirst Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). UniFirst's Average Total Inventories for the three months ended in Feb. 2024 was $399 Mil. UniFirst's Cost of Goods Sold for the three months ended in Feb. 2024 was $396 Mil. Hence, UniFirst's Days Inventory for the three months ended in Feb. 2024 was 91.87.

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

UNF' s Days Inventory Range Over the Past 10 Years
Min: 82.18   Med: 90.33   Max: 97.22
Current: 93.78

During the past 13 years, UniFirst's highest Days Inventory was 97.22. The lowest was 82.18. And the median was 90.33.

UNF's Days Inventory is ranked worse than
72.69% of 681 companies
in the Business Services industry
Industry Median: 29.1 vs UNF: 93.78

UniFirst's Days Inventory declined from Feb. 2023 (93.64) to Feb. 2024 (91.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. UniFirst's Inventory Turnover for the three months ended in Feb. 2024 was 0.99.

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. UniFirst's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.68.


UniFirst Days Inventory Historical Data

The historical data trend for UniFirst'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.

UniFirst Days Inventory Chart

UniFirst Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.08 85.50 93.65 97.22 94.56

UniFirst Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 93.64 93.88 95.82 94.48 91.87

Competitive Comparison of UniFirst's Days Inventory

For the Specialty Business Services subindustry, UniFirst'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.


UniFirst's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, UniFirst's Days Inventory distribution charts can be found below:

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



UniFirst Days Inventory Calculation

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

UniFirst's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (370.851 + 396.657) / 2 ) / 1481.296*365
=383.754 / 1481.296*365
=94.56

UniFirst's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (398.124 + 399.619) / 2 ) / 396.191*365 / 4
=398.8715 / 396.191*365 / 4
=91.87

* 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.


UniFirst  (NYSE:UNF) 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.

UniFirst's Inventory Turnover for the three months ended in Feb. 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.

UniFirst's Inventory to Revenue for the three months ended in Feb. 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.


UniFirst Days Inventory Related Terms

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


UniFirst (UniFirst) Business Description

Traded in Other Exchanges
N/A
Address
68 Jonspin Road, Wilmington, MA, USA, 01887
UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.
Executives
David A Difillippo officer: Senior VP of Operations
Matthew Croatti 10 percent owner C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
Michael A Croatti officer: Senior VP of Operations C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
William Masters Ross officer: Senior VP of Operations C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
Shane O'connor officer: Senior VP and CFO 68 JONSPIN ROAD, WILMINGTON MA 01887
Steven S Sintros officer: VP of Finance and CFO 68 JONSPIN RD., WILMINGTON MA 01888
Sergio A Pupkin director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
David Martin Katz officer: VP of Sales and Marketing 68 JONSPIN ROAD, WILMINGTON MA 01887
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Cynthia Croatti director, 10 percent owner, officer: Executive VP and Treasurer 68 JONSPIN ROAD, WILMINGTON DC 01887
Carol Croatti 10 percent owner 21 JEFFERSON DRIVE, LONDONDERRY NH 03053
The Ronald D Croatti Trust - 1993 10 percent owner C/O CAROL CROATTI, 21 JEFFERSON DRIVE, LONDONDERRY NH 03053
Kathleen M Camilli director
Michael Iandoli director 68 JONSPIN RD, WILMINGTON MA 01887
Phillip L Cohen director 68 JONSPIN ROAD, WILMINGTON MA 01887