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Casey's General Stores (Casey's General Stores) Days Inventory

: 14.96 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Casey's General Stores's Average Total Inventories for the three months ended in Jan. 2024 was $417 Mil. Casey's General Stores's Cost of Goods Sold for the three months ended in Jan. 2024 was $2,543 Mil. Hence, Casey's General Stores's Days Inventory for the three months ended in Jan. 2024 was 14.96.

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

CASY' s Days Inventory Range Over the Past 10 Years
Min: 10.87   Med: 12.47   Max: 15.02
Current: 13

During the past 13 years, Casey's General Stores's highest Days Inventory was 15.02. The lowest was 10.87. And the median was 12.47.

CASY's Days Inventory is ranked better than
93.43% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 110.2 vs CASY: 13.00

Casey's General Stores's Days Inventory increased from Jan. 2023 (13.72) to Jan. 2024 (14.96). It might indicate that Casey's General Stores's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Casey's General Stores's Inventory Turnover for the three months ended in Jan. 2024 was 6.10.

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. Casey's General Stores's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.13.


Casey's General Stores Days Inventory Historical Data

The historical data trend for Casey's General Stores'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.

Casey's General Stores Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.70 13.21 15.02 12.23 11.72

Casey's General Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 13.72 13.19 12.21 12.11 14.96

Competitive Comparison

For the Specialty Retail subindustry, Casey's General Stores'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.


Casey's General Stores Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Days Inventory distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's Days Inventory falls into.



Casey's General Stores Days Inventory Calculation

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

Casey's General Stores's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (396.199 + 376.085) / 2 ) / 12022.069*365
=386.142 / 12022.069*365
=11.72

Casey's General Stores's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (418.901 + 414.721) / 2 ) / 2542.724*365 / 4
=416.811 / 2542.724*365 / 4
=14.96

* 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.


Casey's General Stores  (NAS:CASY) 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.

Casey's General Stores'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.

Casey's General Stores'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.


Casey's General Stores Days Inventory Related Terms

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


Casey's General Stores (Casey's General Stores) Business Description

Traded in Other Exchanges
Address
One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.
Executives
Mike Spanos director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Brennan Thomas P Jr officer: SVP, Chief Merch. Officer ONE SE CONVENIENCE BOULEVARD, ANKENY IA 50021
Sri Donthi director 5008 AIRPORT ROAD NW, ROANOKE VA 24021
Katrina S Lindsey officer: Chief Legal Officer & Sec. ONE SE CONVENIENCE BLVD., ANKENY IA 50021
Larree M Renda director
Greg Trojan director ONE ICON, FOOTHILL RANCH CA 92610
Julia L Jackowski officer: SVP, Corp Gen Counsel & HR CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., PO BOX 3001, ANKENY IA 50021
Diane C Bridgewater director 8161 HEATHER BOW, JOHNSTON IA 50131
Brian Joseph Johnson officer: SVP, Store Development CASEY'S GENERAL STORES, INC., ONE CONVENIENCE BLVD., ANKENY IA 50021
Williams Ena Koschel officer: Chief Operating Officer 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Bramlage Stephen P Jr officer: Chief Financial Officer ARAMARK, 1101 MARKET STREET, PHILADELPHIA PA 19107
Adrian M Butler officer: Chief Information Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
William J Walljasper officer: Senior VP and CFO ONE CONVENIENCE BLVD, PO BOX 3001, ANKENY IA 50021
Chad Michael Frazell officer: SVP, Chief HR Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Allison M. Wing director 1909 HUMBOLDT AVENUE, MINNEAPOLIS MN 55403