Metcash (Metcash) Days Inventory : 35.16 (As of Oct. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Metcash Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metcash's Average Total Inventories for the six months ended in Oct. 2023 was $841 Mil. Metcash's Cost of Goods Sold for the six months ended in Oct. 2023 was $4,366 Mil. Hence, Metcash's Days Inventory for the six months ended in Oct. 2023 was 35.16.

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

MHTLY' s Days Inventory Range Over the Past 10 Years
Min: 20.29 Med: 23.79 Max: 33.12
Current: 33.12

During the past 13 years, Metcash's highest Days Inventory was 33.12. The lowest was 20.29. And the median was 23.79.

MHTLY's Days Inventory is ranked better than
55.45% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs MHTLY: 33.12

Metcash's Days Inventory increased from Oct. 2022 (33.75) to Oct. 2023 (35.16). It might indicate that Metcash's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metcash's Inventory Turnover for the six months ended in Oct. 2023 was 5.19.

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. Metcash's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.17.

Metcash Days Inventory Historical Data

The historical data trend for Metcash'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.

Metcash Days Inventory Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

Get a 7-Day Free Trial

26.09

29.76

26.37

29.50

31.66

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Inventory	Get a 7-Day Free Trial															30.42	28.17	33.75	30.10	35.16

Competitive Comparison of Metcash's Days Inventory

For the Food Distribution subindustry, Metcash'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.

Metcash's Days Inventory Distribution in the Retail - Defensive Industry

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

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

Metcash Days Inventory Calculation

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

Metcash'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
=	( (828.571	+	791.572)	/	2 )	/	9338.528	*	365
=	810.0715					/	9338.528	*	365
=	31.66

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

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (791.572	+	890.736)	/	2 )	/	4365.863	*	365 / 2
=	841.154					/	4365.863	*	365 / 2
=	35.16

Metcash (OTCPK:MHTLY) 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.

Metcash's Inventory Turnover for the six months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4365.863	/	841.154
	=	5.19

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.

Metcash's Inventory to Revenue for the six months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	841.154	/	4973.16
	=	0.17

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.

Metcash Days Inventory Related Terms

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

Metcash (Metcash) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (OTCPK:MHTLY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany MTS:Australia

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.