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Delhaize Group (Delhaize Group) Days Inventory : 28.76 (As of Mar. 2016)


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What is Delhaize Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delhaize Group's Average Total Inventories for the three months ended in Mar. 2016 was $1,630 Mil. Delhaize Group's Cost of Goods Sold for the three months ended in Mar. 2016 was $5,173 Mil. Hence, Delhaize Group's Days Inventory for the three months ended in Mar. 2016 was 28.76.

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

DEG's Days Inventory is not ranked *
in the Retail - Defensive industry.
Industry Median: 36.41
* Ranked among companies with meaningful Days Inventory only.

Delhaize Group's Days Inventory declined from Mar. 2015 (32.11) to Mar. 2016 (28.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Delhaize Group's Inventory Turnover for the three months ended in Mar. 2016 was 3.17.

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. Delhaize Group's Inventory-to-Revenue for the three months ended in Mar. 2016 was 0.24.


Delhaize Group Days Inventory Historical Data

The historical data trend for Delhaize Group'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.

Delhaize Group Days Inventory Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.80 33.00 30.62 32.65 30.23

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Days Inventory 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 32.11 28.59 28.58 28.39 28.76

Competitive Comparison of Delhaize Group's Days Inventory

For the Grocery Stores subindustry, Delhaize Group'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.


Delhaize Group's Days Inventory Distribution in the Retail - Defensive Industry

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

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



Delhaize Group Days Inventory Calculation

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

Delhaize Group's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (1725.031 + 1607.843) / 2 ) / 20123.094*365
=1666.437 / 20123.094*365
=30.23

Delhaize Group's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (1607.843 + 1652.561) / 2 ) / 5172.606*365 / 4
=1630.202 / 5172.606*365 / 4
=28.76

* 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.


Delhaize Group  (NYSE:DEG) 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.

Delhaize Group's Inventory Turnover for the three months ended in Mar. 2016 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.

Delhaize Group's Inventory to Revenue for the three months ended in Mar. 2016 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.


Delhaize Group Days Inventory Related Terms

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Delhaize Group (Delhaize Group) Business Description

Traded in Other Exchanges
N/A
Address
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.