CONN · Conns Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $284.57M | $280.13M | $306.91M | $339.82M | $321.20M | $346.79M | $363.70M | $405.46M | $418.38M | $317.16M |
| Cost of Revenue | $147.93M | $146.36M | $153.99M | $178.38M | $169.84M | $182.72M | $184.88M | $211.30M | $216.04M | $147.01M |
| Gross Profit | $136.64M | $133.77M | $152.92M | $161.44M | $151.36M | $164.07M | $178.82M | $194.16M | $202.34M | $170.15M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $129.24M | $131.03M | $134.97M | $132.78M | $126.24M | $130.14M | $126.05M | $138.08M | $137.87M | $113.01M |
| Total Operating Expenses | $305.27M | $318.59M | $322.26M | $325.90M | $339.19M | $338.60M | $293.79M | $375.91M | $364.17M | $379.40M |
| D&A | $12.10M | - | - | $11.43M | - | - | $11.34M | - | - | $9.82M |
| Operating Income | ($20.70M) | ($38.46M) | ($15.36M) | $13.93M | ($18.00M) | $8.03M | $69.91M | $29.55M | $54.21M | ($62.24M) |
| Interest Expense | $16.38M | $22.45M | $16.79M | $5.52M | $11.48M | $6.81M | $9.20M | $5.21M | $6.09M | $14.99M |
| Income Tax | ($1.70M) | ($9.61M) | $1.38M | $2.18M | ($4.63M) | ($907.0K) | $14.09M | $6.10M | $11.12M | ($21.03M) |
| Net Income | ($35.38M) | ($51.30M) | ($33.52M) | $6.22M | ($24.84M) | $2.13M | $45.40M | $18.24M | $37.00M | ($56.20M) |
| EPS - Basic | ($1.47) | ($2.11) | ($1.39) | $0.25 | ($1.04) | $0.09 | $1.55 | $0.62 | $1.26 | ($1.95) |
| EPS - Diluted | ($1.47) | ($2.11) | ($1.39) | $0.25 | ($1.04) | $0.09 | $1.52 | $0.60 | $1.22 | ($1.95) |
Balance Sheet
| Line item | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.70M | $5.56M | $8.56M | $19.53M | $8.43M | $24.26M | $7.71M | $10.60M | $8.74M | $9.70M |
| Accounts Receivable | $419.00M | $424.94M | $426.22M | $421.68M | $423.83M | $434.82M | $455.79M | $460.81M | $461.49M | $478.73M |
| Inventory | $333.96M | $231.81M | $234.48M | $240.78M | $259.29M | $262.95M | $246.83M | $263.13M | $223.66M | $196.46M |
| Accounts Payable | $98.57M | $66.54M | $72.45M | $71.69M | $79.86M | $77.69M | $74.70M | $91.08M | $89.00M | $69.37M |
| Current Assets | $1.20B | $808.20M | $813.66M | $831.10M | $821.17M | $842.37M | $820.81M | $853.41M | $833.06M | $844.06M |
| Total Assets | $2.44B | $1.73B | $1.70B | $1.72B | $1.74B | $1.75B | $1.75B | $1.79B | $1.71B | $1.76B |
| Current Liabilities | $466.52M | $239.27M | $247.75M | $222.36M | $246.92M | $241.99M | $258.42M | $286.87M | $261.42M | $211.76M |
| Long-term Debt | $615.38M | $673.47M | $639.95M | $522.15M | $591.67M | $602.41M | $492.06M | $147.43M | $438.24M | $608.63M |
| Total Liabilities | $1.95B | $1.34B | $1.26B | $1.21B | $1.19B | $1.19B | $1.14B | $1.12B | $1.07B | $1.20B |
| Stockholders' Equity | $435.25M | $390.57M | $439.32M | $502.41M | $543.11M | $559.88M | $614.82M | $663.51M | $642.45M | $557.15M |
| Retained Earnings | $463.32M | $420.01M | $471.31M | $539.92M | $582.73M | $607.57M | $599.22M | $591.65M | $573.41M | $491.01M |
Cash Flow
| Line item | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $26.15M | - | - | $47.12M | - | - | $130.77M | - | - | $152.52M |
| Investing Cash Flow | ($16.21M) | - | - | ($18.96M) | - | - | ($9.46M) | - | - | ($16.68M) |
| Financing Cash Flow | ($24.19M) | - | - | ($24.41M) | - | - | ($123.36M) | - | - | $144.09M |
| CapEx | $16.21M | - | - | $18.96M | - | - | $9.46M | - | - | $16.68M |
| Free Cash Flow | $9.94M | - | - | $28.16M | - | - | $121.32M | - | - | $135.84M |
Ratios
| Metric | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 48.0% | 47.8% | 49.8% | 47.5% | 47.1% | 47.3% | 49.2% | 47.9% | 48.4% | 53.6% |
| Operating margin | -7.3% | -13.7% | -5.0% | 4.1% | -5.6% | 2.3% | 19.2% | 7.3% | 13.0% | -19.6% |
| EBITDA margin | -3.0% | - | - | 7.5% | - | - | 22.3% | - | - | -16.5% |
| Net margin | -12.4% | -18.3% | -10.9% | 1.8% | -7.7% | 0.6% | 12.5% | 4.5% | 8.8% | -17.7% |
| Free cash flow margin | 3.5% | - | - | 8.3% | - | - | 33.4% | - | - | 42.8% |
| FCF / Net income | -0.28 | - | - | 4.53 | - | - | 2.67 | - | - | -2.42 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 45.4% | 46.8% | 44.0% | 39.1% | 39.3% | 37.5% | 34.7% | 34.1% | 33.0% | 35.6% |
| Effective tax rate | - | - | - | 26.0% | - | -74.2% | 23.7% | 25.1% | 23.1% | - |
| Return on assets | -1.4% | -3.0% | -2.0% | 0.4% | -1.4% | 0.1% | 2.6% | 1.0% | 2.2% | -3.2% |
| Return on equity | -8.1% | -13.1% | -7.6% | 1.2% | -4.6% | 0.4% | 7.4% | 2.7% | 5.8% | -10.1% |
| Return on invested capital | -1.6% | -2.9% | -1.1% | 1.0% | -1.3% | 0.7% | 4.8% | 2.7% | 3.9% | -4.2% |
| Liquidity | ||||||||||
| Current ratio | 2.58 | 3.38 | 3.28 | 3.74 | 3.33 | 3.48 | 3.18 | 2.97 | 3.19 | 3.99 |
| Quick ratio | 1.87 | 2.41 | 2.34 | 2.65 | 2.28 | 2.39 | 2.22 | 2.06 | 2.33 | 3.06 |
| Cash ratio | 0.04 | 0.02 | 0.03 | 0.09 | 0.03 | 0.10 | 0.03 | 0.04 | 0.03 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | 1.41 | 1.72 | 1.46 | 1.04 | 1.09 | 1.08 | 0.80 | 0.22 | 0.68 | 1.09 |
| Debt / Assets | 0.25 | 0.39 | 0.38 | 0.30 | 0.34 | 0.34 | 0.28 | 0.08 | 0.26 | 0.35 |
| Debt / EBITDA | - | - | - | 20.59 | - | - | 6.06 | - | - | - |
| Interest coverage | -1.3x | -1.7x | -0.9x | 2.5x | -1.6x | 1.2x | 7.6x | 5.7x | 8.9x | -4.2x |
| Equity multiplier | 5.62 | 4.42 | 3.87 | 3.42 | 3.20 | 3.13 | 2.85 | 2.69 | 2.66 | 3.15 |
| Liabilities / Assets | 0.80 | 0.77 | 0.74 | 0.71 | 0.69 | 0.68 | 0.65 | 0.63 | 0.62 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | 0.16 | 0.18 | 0.20 | 0.18 | 0.20 | 0.21 | 0.23 | 0.24 | 0.18 |
| Inventory turnover | 0.44 | 0.63 | 0.66 | 0.74 | 0.66 | 0.69 | 0.75 | 0.80 | 0.97 | 0.75 |
| Days sales outstanding | 537d | 554d | 507d | 453d | 482d | 458d | 457d | 415d | 403d | 551d |
| Days inventory outstanding | 824d | 578d | 556d | 493d | 557d | 525d | 487d | 455d | 378d | 488d |
| Days payable outstanding | 243d | 166d | 172d | 147d | 172d | 155d | 147d | 157d | 150d | 172d |
| Cash conversion cycle | 1118d | 966d | 891d | 799d | 867d | 828d | 797d | 712d | 630d | 866d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -16.3% | -12.8% | -11.5% | -6.6% | -20.8% | -17.1% | 14.7% | 21.3% | 14.0% | -10.3% |
| Revenue CAGR (3y) | -3.5% | -5.7% | -5.8% | -1.3% | -5.3% | -4.7% | 0.5% | 2.7% | 2.8% | -3.8% |
| Revenue CAGR (5y) | -4.5% | -5.6% | -4.4% | -0.9% | -3.0% | -1.1% | -1.3% | 1.5% | 1.0% | -2.8% |
| Gross profit growth (YoY) | -15.4% | -11.6% | -6.8% | -9.7% | -22.0% | -18.9% | 5.1% | 11.7% | 6.3% | -13.3% |
| Operating income growth (YoY) | - | -113.7% | - | -80.1% | - | -85.2% | - | 22.5% | 30.8% | - |
| Net income growth (YoY) | - | -106.5% | - | -86.3% | - | -94.2% | - | 145.8% | 80.3% | - |
| EPS growth (YoY) | - | -102.9% | - | -83.6% | - | -92.6% | - | 140.0% | 74.3% | - |
| EPS CAGR (3y) | - | - | - | -25.3% | - | -47.4% | 57.4% | 10.1% | 32.0% | - |
| EPS CAGR (5y) | - | - | - | - | - | -8.5% | - | - | - | - |
| FCF growth (YoY) | -64.7% | - | - | -76.8% | - | - | -10.7% | - | - | 271.8% |
| FCF CAGR (5y) | -40.1% | - | - | -20.1% | - | - | 5.8% | - | - | 23.8% |
| Book value growth (YoY) | -13.4% | -28.1% | -21.5% | -18.3% | -18.1% | -12.9% | 10.3% | 25.6% | 23.9% | -11.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-01-31.
Business segments
$1.24B totalRetail Segment$985.16M · 79.7%
Credit Segment$257.19M · 20.8%
Eliminations($6.83M) · -0.6%
Product / service
$1.88B totalProduct$896.83M · 47.7%
Furnitureand Mattress$352.38M · 18.7%
Home Appliance$338.73M · 18.0%
Consumer Electronics$110.57M · 5.9%
RSACommission$72.74M · 3.9%
Other Products$64.25M · 3.4%
Home Office$37.74M · 2.0%
Service$8.76M · 0.5%
Peer comparison
Same SIC group: Retail-Radio, Tv & Consumer Electronics Stores
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| BBY | $41.69B | 2.6% | 36.1% |
Comparing CONNS INC against the 1 most active filer in the same SIC group.