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2002 Working Capital Survey - Chart 32
Retailers
CFO Staff, CFO Magazine

RETAILERS

Company Name Sales ($ Mill.) DWC DWC Change Over Last Year DWC 3 Year Ave. DPO DPO Change Over Last Year DPO 3 Year Ave. Inven- tory Turns Inven- tory Turns Change Over Last Year Inven- tory Turns 3 Year Ave. DSO DSO Change Over Last Year DSO 3 Year Ave. CCE CCE 3 Year Ave.

BLOCKBUSTER INC.

$5,157

-13

0

-11

38

-6

41

12

4

9

11

-3

12

27%

26%

HOLLYWOOD ENTERTAINMENT CORP.

$1,380

-20

14

-18

44

-12

46

9

-6

9

8

1

9

20%

19%

STARBUCKS CORP.

$2,649

25

-9

31

18

5

14

9

1

8

12

0

12

17%

16%

AMERICAN EAGLE OUTFITTERS INC.

$1,372

19

-5

20

10

-4

12

9

1

8

5

-5

7

13%

14%

ABERCROMBIE & FITCH

$1,365

32

-4

32

9

-1

8

6

1

6

5

1

5

17%

15%

TRANS WORLD ENTERTAINMENT CORP.

$1,388

10

-4

16

100

-11

102

2

0

2

2

0

2

5%

11%

GAP, INC.  (THE)

$13,848

15

-7

22

29

1

28

6

1

5

0

0

0

10%

10%

INTIMATE BRANDS INC.

$5,117

38

-1

38

8

0

8

5

0

5

1

0

1

11%

12%

AUTOZONE, INC.

$4,818

24

-4

29

72

7

68

2

0

2

1

0

2

10%

10%

BEST BUY CO INC.

$15,327

5

3

4

42

4

39

7

-2

8

5

-1

5

5%

6%

CAREMARK RX INC.

$5,614

2

0

4

29

-6

31

35

13

25

21

0

22

5%

5%

WILLIAMS-SONOMA INC.

$2,087

32

0

35

17

-14

24

5

1

4

6

-2

6

10%

9%

COMPUCOM SYSTEMS INC.

$1,816

9

-17

19

24

9

20

53

22

28

27

-3

28

14%

6%

LIMITED, INC.  (THE)

$9,363

31

-4

33

10

0

10

6

1

6

3

0

4

10%

8%

TJX COS INC.

$10,709

26

-7

29

26

1

25

6

1

5

2

0

2

9%

7%

HOME DEPOT INC.

$53,553

29

-15

36

23

8

20

6

1

5

6

0

6

11%

8%

DOLLAR TREE STORES, INC.

$1,987

42

2

39

13

-4

16

4

0

4

0

0

0

9%

8%

WAL-MART STORES INC.

$217,799

15

0

16

26

-3

28

8

1

7

3

0

3

5%

5%

COSTCO WHOLESALE CORP.

$34,797

4

-2

5

29

4

26

11

0

11

3

1

3

3%

3%

PIER 1 IMPORTS INC.

$1,411

45

4

44

37

-3

40

3

0

3

2

0

2

8%

9%

LOWE'S COMPANIES, INC.

$22,111

34

0

33

28

-5

32

4

0

4

3

0

3

7%

7%

PAYLESS SHOESOURCE INC.

$2,914

33

0

34

9

-2

10

6

0

6

0

0

0

5%

7%

BJ'S WHOLESALE CLUB INC.

$5,280

17

1

15

26

2

27

8

0

9

4

0

4

4%

4%

AMAZON.COM, INC.

$3,122

-35

6

-41

52

-12

68

16

4

11

0

0

0

-4%

-5%

ROSS STORES INC.

$2,709

42

4

40

35

-3

38

3

0

3

2

0

2

5%

7%

LANDS' END, INC.

$1,569

37

9

31

19

-5

21

4

-1

4

3

-2

4

5%

6%

TARGET CORP.

$39,888

38

12

29

38

3

37

6

0

6

35

16

25

5%

5%

TOYS "R" US, INC.

$11,332

44

26

28

37

-13

44

3

-1

4

7

2

6

-1%

5%

STAPLES INC.

$10,744

29

-3

35

32

-2

34

6

1

5

12

1

12

6%

6%

LONGS DRUG STORES CORP.

$4,305

22

-3

27

23

0

22

8

1

7

10

1

10

5%

4%

CHARMING SHOPPES INC.

$1,994

35

-2

40

20

-2

22

5

0

4

0

0

0

7%

6%

ANNTAYLOR STORES CORP.

$1,300

52

4

50

17

-3

18

4

0

4

18

1

18

6%

7%

HANDLEMAN COMPANY

$1,193

52

9

50

64

-1

61

8

-1

8

81

6

77

4%

7%

PENNEY [J C] CO. INC.

$32,004

25

-2

31

40

-5

40

5

0

4

8

-2

10

3%

4%

CDW COMPUTER CENTERS INC.

$3,962

30

-7

36

10

5

8

29

-2

25

29

-3

31

8%

5%

OFFICE DEPOT INC.

$11,154

32

-5

35

35

-1

38

6

0

6

26

-3

28

7%

4%

COLE NATIONAL CORP.

$1,101

31

-5

34

19

0

20

3

0

3

13

-1

14

6%

4%

TALBOTS INC.

$1,613

69

4

68

11

-8

15

5

1

5

39

8

34

10%

9%

PETSMART INC.

$2,501

30

-7

39

14

-9

20

7

1

5

3

-3

7

8%

4%

FAMILY DOLLAR STORES, INC.

$3,665

45

3

44

26

-6

30

3

0

3

0

0

0

5%

5%

CIRCUIT CITY STORES, INC. - CARMAX GROUP

$12,792

36

-5

38

32

6

28

6

0

6

21

4

18

7%

4%

INSIGHT ENTERPRISES INC.

$2,082

28

-1

26

32

-1

32

55

-15

63

53

-3

53

2%

2%

GOODY'S FAMILY CLOTHING INC.

$1,193

27

0

25

35

-3

39

5

1

5

8

3

6

1%

2%

WALGREEN CO.

$24,623

41

5

38

23

-1

23

5

0

5

12

1

11

3%

4%

BED BATH & BEYOND INC.

$2,397

63

-1

65

29

1

28

2

0

2

0

0

0

8%

8%

BURLINGTON COAT FACTORY WAREHOUSE CORP.

$2,400

45

2

47

40

-6

42

3

0

3

3

0

3

3%

5%

PEP BOYS MANNY MOE & JACK

$2,184

54

-1

50

36

5

39

3

0

3

3

0

3

8%

5%

SYSTEMAX INC.

$1,547

21

-9

32

33

-4

35

14

2

11

32

-8

38

6%

2%

FOOTSTAR INC.

$2,461

49

-5

48

16

2

16

5

1

5

10

1

9

4%

5%

RADIOSHACK CORP.

$4,776

78

-28

89

16

-2

18

3

1

2

21

-14

27

16%

11%

PC CONNECTION INC.

$1,181

28

1

25

23

2

26

22

-1

20

36

1

35

3%

1%

CARDINAL HEALTH, INC.

$47,948

27

-4

28

40

3

36

7

-1

8

20

-4

21

2%

1%

BARNES & NOBLE INC.

$4,870

52

-10

59

52

4

54

3

0

3

7

0

7

9%

6%

DOLLAR GENERAL CORP.

$5,323

55

7

53

22

-2

26

3

0

3

0

0

0

5%

5%

BUILDING MATERIAL HOLDINGS CORP.

$1,093

47

0

46

19

-3

22

9

0

9

38

-2

39

6%

4%

CIRCUIT CITY STORES - CIRCUIT CITY GROUP

$12,959

41

2

41

25

-2

27

6

0

6

16

-1

18

1%

3%

D & K HEALTHCARE RESOURCES, INC.

$1,646

23

-2

22

35

1

41

7

0

6

10

3

8

1%

0%

OFFICEMAX, INC.

$4,636

38

-11

46

39

-3

45

4

1

3

7

-1

8

5%

3%

FOOT LOCKER, INC.

$4,379

43

4

44

23

1

22

4

0

4

0

0

0

2%

3%

SHOPKO STORES INC.

$3,387

44

-7

48

28

-1

31

4

0

4

5

-1

6

7%

3%

FEDERATED DEPARTMENT STORES, INC.

$15,651

75

-2

88

62

4

63

3

0

3

55

2

69

9%

9%

K MART CORP.

$37,028

41

-9

46

23

0

22

5

1

4

0

0

0

3%

3%

STEIN MART

$1,207

49

2

47

37

-5

40

3

0

3

1

0

2

4%

3%

GROUP 1 AUTOMOTIVE, INC.

$3,996

39

-13

45

7

1

9

7

2

6

4

0

4

2%

3%

BORDERS GROUP INC.

$3,388

66

-7

69

69

-1

70

2

0

2

8

0

8

8%

6%

MAY DEPARTMENT STORES CO (THE)

$14,175

98

-4

101

26

2

26

3

0

3

50

-2

53

12%

11%

CVS CORP.

$22,241

55

0

55

25

1

26

4

0

4

16

1

15

3%

4%

NEIMAN-MARCUS GROUP INC.

$3,016

75

8

72

33

-1

32

3

0

3

29

0

28

4%

6%

DILLARD'S, INC.

$8,388

80

-1

87

35

8

30

4

0

3

47

6

44

7%

8%

MENS WEARHOUSE

$1,273

83

8

77

25

2

24

2

0

2

0

0

0

4%

7%

MCKESSON CORP.

$42,010

34

-1

35

40

3

38

8

-1

8

30

0

30

1%

0%

KOHLS CORP.

$7,489

76

0

76

23

0

24

4

0

4

41

0

41

7%

6%

TIFFANY & CO.

$1,607

125

0

120

37

-5

41

1

0

1

22

-1

25

15%

12%

AMERISOURCE- BERGEN CORP.

$16,191

50

31

41

113

63

96

3

-4

4

48

29

40

0%

0%

PHAR-MOR, INC.

$1,241

39

1

39

23

-5

29

6

0

5

7

0

8

-1%

0%

SONIC AUTOMOTIVE INC.

$6,337

43

-9

54

3

-1

3

8

2

6

8

0

8

2%

2%

SAKS INC.

$6,071

75

-4

79

17

-1

16

3

0

3

14

2

13

6%

6%

AGWAY INC.

$1,548

50

-11

53

21

-4

24

16

5

13

50

-6

52

3%

2%

FINLAY ENTERPRISES INC.

$953

73

5

67

51

-9

57

2

0

2

7

-2

8

4%

4%

LINENS 'N THINGS

$1,824

71

4

67

36

-6

40

2

0

2

8

1

7

2%

4%

NORDSTROM INC.

$5,634

71

-8

74

32

1

30

4

0

4

45

-2

46

3%

5%

HOUSE2HOME, INC.

$1,440

47

-22

61

10

-16

21

6

3

4

3

-4

5

3%

2%

JO-ANN STORES INC.

$1,570

57

-13

68

29

-12

36

2

1

2

0

0

0

6%

3%

AUTONATION INC.

$19,989

52

-12

61

3

0

3

8

1

7

15

-2

18

3%

2%

UNITED AUTO GROUP INC.

$6,221

48

-17

55

4

0

4

8

3

7

15

1

14

1%

1%

MICHAELS STORES INC.

$2,531

85

0

87

18

-5

22

2

0

2

0

0

0

7%

6%

DUANE READE INC.

$1,144

67

5

63

22

5

20

4

0

4

18

2

17

2%

2%

VALUE CITY DEPARTMENT STORES, INC.

$2,284

41

-2

46

24

-6

29

4

0

3

1

-6

4

3%

0%

ZALE CORP.

$2,068

108

38

89

20

-38

44

1

0

1

0

0

0

4%

6%

DAISYTEK INTERNATIONAL CORP.

$1,190

54

-4

57

40

9

38

8

-2

8

53

-4

55

1%

1%

WICKES INC.

$1,001

51

-6

56

16

3

16

8

1

7

30

3

32

1%

1%

LITHIA MOTORS, INC.

$1,873

57

-16

69

3

0

3

6

1

5

6

-1

7

3%

2%

AMES DEPARTMENT STORES, INC.

$3,254

53

16

46

8

-24

24

5

1

4

1

0

1

2%

-2%

BIG LOTS, INC.

$3,433

53

-7

60

22

-1

23

3

0

3

0

0

0

4%

0%

RITE AID CORP.

$15,171

48

-3

49

20

-2

22

5

1

5

14

1

10

0%

-2%

SPIEGEL INC.

$3,428

92

-4

83

87

12

78

3

0

4

119

6

101

6%

2%

RENT A CENTER INC.

$1,803

123

3

122

10

-5

13

0

0

0

0

0

1

10%

7%

SPORTS AUTHORITY, INC. (THE)

$1,419

77

-4

78

27

3

25

3

0

3

12

4

11

5%

0%

SERVICE MERCHANDISE COMPANY, INC.

$1,550

94

-2

89

11

0

18

3

0

3

2

0

3

2%

-1%

HEILIG-MEYERS COMPANY

$2,038

93

-19

120

22

-7

29

4

1

3

55

-12

73

0%

3%

O'REILLY AUTOMOTIVE INC.

$1,092

143

5

136

21

-8

26

1

0

1

14

0

13

5%

3%

CSK AUTO CORP.

$1,439

139

13

139

40

-8

46

1

0

1

22

4

20

-1%

0%

SEARS, ROEBUCK AND CO.

$41,078

230

59

195

64

-2

65

5

1

5

250

64

212

6%

7%

RETAILERS Average

$9,885

49

-1

50

29

-1

31

7

0

6

18

1

18

6%

5%



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