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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Inventory Turnover : 0.68 (As of Jul. 2019)


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What is Sears Hometown and Outlet Stores Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Sears Hometown and Outlet Stores's Cost of Goods Sold for the three months ended in Jul. 2019 was $137 Mil. Sears Hometown and Outlet Stores's Average Total Inventories for the quarter that ended in Jul. 2019 was $201 Mil. Sears Hometown and Outlet Stores's Inventory Turnover for the quarter that ended in Jul. 2019 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sears Hometown and Outlet Stores's Days Inventory for the three months ended in Jul. 2019 was 134.21.

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. Sears Hometown and Outlet Stores's Inventory-to-Revenue for the quarter that ended in Jul. 2019 was 1.19.


Sears Hometown and Outlet Stores Inventory Turnover Historical Data

The historical data trend for Sears Hometown and Outlet Stores's Inventory Turnover 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.

Sears Hometown and Outlet Stores Inventory Turnover Chart

Sears Hometown and Outlet Stores Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 3.90 4.03 4.11 3.86 3.67

Sears Hometown and Outlet Stores Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
Inventory Turnover 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 0.77 0.84 0.83 0.85 0.68

Sears Hometown and Outlet Stores Inventory Turnover Calculation

Sears Hometown and Outlet Stores's Inventory Turnover for the fiscal year that ended in Jan. 2019 is calculated as

Inventory Turnover (A: Jan. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2019 ) / ((Total Inventories (A: Jan. 2018 ) + Total Inventories (A: Jan. 2019 )) / count )
=1126.752 / ((336.294 + 277.285) / 2 )
=1126.752 / 306.7895
=3.67

Sears Hometown and Outlet Stores's Inventory Turnover for the quarter that ended in Jul. 2019 is calculated as

Inventory Turnover (Q: Jul. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jul. 2019 ) / ((Total Inventories (Q: Apr. 2019 ) + Total Inventories (Q: Jul. 2019 )) / count )
=136.878 / ((262.977 + 139.671) / 2 )
=136.878 / 201.324
=0.68

* 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.


Sears Hometown and Outlet Stores  (NAS:SHOS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Sears Hometown and Outlet Stores's Days Inventory for the three months ended in Jul. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Jul. 2019 )/Cost of Goods Sold (Q: Jul. 2019 )*Days in Period
=201.324/136.878*365 / 4
=134.21

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.

Sears Hometown and Outlet Stores's Inventory to Revenue for the quarter that ended in Jul. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2019 ) / Revenue (Q: Jul. 2019 )
=201.324 / 168.594
=1.19

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Sears Hometown and Outlet Stores Inventory Turnover Related Terms

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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Business Description

Traded in Other Exchanges
N/A
Address
5500 Trillium Boulevard, Suite 501, Hoffman Estates, IL, USA, 60192
Sears Hometown and Outlet Stores Inc is a national retailer engaged in the selling of home appliances, lawn and garden equipment, and hardware at its stores and on its websites. It also offers its customers the opportunity to acquire home appliance, lawn and garden, fitness, bedding, and other categories of merchandise and product protection agreements through the lease-to-own program that it operates by agreement with a third party. Its business segments are the Sears Hometown and Hardware, and the Sears Outlet.
Executives
William K Phelan director 3333 BEVERLY ROAD HOFFMAN ESTATES IL 60179
James F Gooch director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Josephine Linden director 6601 SOUTH BERMUDA ROAD, LAS VEGAS NV 89119
Esl Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Investments Inc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Rbs Partners L P /ct 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Ryan D Robinson officer: Senior VP and CFO/CAO 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Rbs Investment Management Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Institutional Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Crk Partners Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Spe Master I, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Spe I Partners, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
William R Harker director 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192