Days Inventory is also known as Days Sales of Inventory (DSI). The Home Depot's Average Total Inventories for the
three
months ended in Jan. 2024 was $21,891 Mil. The Home Depot's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $23,278 Mil.
Hence, The Home Depot's Days Inventory for the
three
months ended in Jan. 2024 was 85.81.
The historical rank and industry rank for The Home Depot's Days Inventory or its related term are showing as below:
HD'
s Days Inventory Range Over the Past 10 Years
Min: 65.17 Med: 71.43 Max: 84.19
Current: 84.19
During the past 13 years, The Home Depot's highest Days Inventory was 84.19. The lowest was 65.17. And the median was 71.43.
HD's Days Inventory is ranked better than 61.31% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 110.2
vs HD: 84.19
The Home Depot's Days Inventory
declined
from Jan. 2023 (96.58) to Jan. 2024 (85.81).
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Home Depot's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.06.
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.
The Home Depot's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.63.
The Home Depot Days Inventory Historical Data
The historical data trend for The Home Depot'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.
The Home Depot Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Days Inventory
71.48
65.17
70.39
81.90
82.29
The Home Depot Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
96.58
92.83
77.16
84.17
85.81
Competitive Comparison
For the Home Improvement Retail subindustry, The Home Depot'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.
The Home Depot Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Home Depot's Days Inventory falls into.
The Home Depot Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Home Depot'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.
The Home Depot (NYSE:HD) 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.
The Home Depot'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.
The Home Depot'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.
The Home Depot Days Inventory Related Terms
Thank you for viewing the detailed overview of The Home Depot's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.
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