Albertsons (Albertsons) Days Inventory

: 34.92 (As of Nov. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Albertsons's Average Total Inventories for the three months ended in Nov. 2023 was $5,112 Mil. Albertsons's Cost of Goods Sold for the three months ended in Nov. 2023 was $13,360 Mil. Hence, Albertsons's Days Inventory for the three months ended in Nov. 2023 was 34.92.

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

ACI' s Days Inventory Range Over the Past 10 Years
Min: 30.31 Med: 36.65 Max: 55.56
Current: 31.8

During the past 11 years, Albertsons's highest Days Inventory was 55.56. The lowest was 30.31. And the median was 36.65.

ACI's Days Inventory is ranked better than
57.24% of 304 companies
in the Retail - Defensive industry
Industry Median: 36.455 vs ACI: 31.80

Albertsons's Days Inventory increased from Nov. 2022 (34.31) to Nov. 2023 (34.92). It might indicate that Albertsons's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Albertsons's Inventory Turnover for the three months ended in Nov. 2023 was 2.61.

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. Albertsons's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.28.

Albertsons Days Inventory Historical Data

The historical data trend for Albertsons'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.

Albertsons Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Inventory

36.61

35.33

32.05

31.40

30.31

Albertsons Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory																34.31	34.05	25.26	34.77	34.92

Competitive Comparison

For the Grocery Stores subindustry, Albertsons'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.

Albertsons Days Inventory Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's Days Inventory distribution charts can be found below:

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

Albertsons Days Inventory Calculation

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

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

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (4500.8	+	4782)	/	2 )	/	55894.1	*	365
=	4641.4					/	55894.1	*	365
=	30.31

Albertsons's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (5048.3	+	5175.8)	/	2 )	/	13360	*	365 / 4
=	5112.05					/	13360	*	365 / 4
=	34.92

Albertsons (NYSE:ACI) 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.

Albertsons's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13360	/	5112.05
	=	2.61

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.

Albertsons's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5112.05	/	18557.3
	=	0.28

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.

Albertsons Days Inventory Related Terms

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

Albertsons (Albertsons) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Albertsons Companies Inc (NYSE:ACI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

27S:Germany 27S:Germany

Address

250 Parkcenter Boulevard, Boise, ID, USA, 83706

Website

https://www.albertsonscompanies.com

Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

Executives

Thomas M Moriarty	officer: EVP General Counsel & CPO	100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417
Robert Bruce Larson	officer: Chief Accounting Officer	3103 S OLD HICKORY, BOISE ID 83712
Klaff Realty Lp	10 percent owner, other: See Remarks	180 N. MICHIGAN AVE, SUITE 300, CHICAGO IL 60601
Mohammad Omer Gajial	officer: EVP, Pharmacy & Health	250 E. PARKCENTER BLVD., BOISE ID 83706
Jubilee Abs Holding Llc	other: See Footnote (2)	4300 E. FIFTH AVE., COLUMBUS OH 43219
Kimco Realty Corp	other: See Remarks	500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753
Susan Morris	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Evan Rainwater	officer: EVP, Supp Chain&Manufacturing	250 E. PARKCENTER BLVD., BOISE ID 83706
Chris Rupp	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Anuj Dhanda	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Sharon Mccollam	officer: President & CFO	C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Jennifer Saenz	officer: Chief Marketing Officer	250 E. PARKCENTER BLVD., BOISE ID 83706
Chan Galbato	director	191 E NORTH AVENUE, CAROL STREAM IL 60188
Stone West Mary E	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Shant Babikian	director	C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOO NY 10019