Switch to:
Tesco PLC (OTCPK:TSCDY)
Days Inventory
18.82 (As of Feb. 2016)

Tesco PLC's average inventory for the six months ended in Feb. 2016 was $3,776 Mil. Tesco PLC's cost of goods sold for the six months ended in Feb. 2016 was $36,611 Mil. Hence, Tesco PLC's days inventory for the six months ended in Feb. 2016 was 18.82.

TSCDY' s Days Inventory Range Over the Past 10 Years
Min: 15.73   Max: 22.43
Current: 18.89

15.73
22.43

During the past 13 years, Tesco PLC's highest Days Inventory was 22.43. The lowest was 15.73. And the median was 18.95.

TSCDY's Days Inventory is ranked higher than
79% of the 356 Companies
in the Global Grocery Stores industry.

( Industry Median: 39.94 vs. TSCDY: 18.89 )

Tesco PLC's days inventory declined from Feb. 2015 (19.40) to Feb. 2016 (18.82).

Inventory can be measured by Days Sales of Inventory (DSI). Tesco PLC's days sales of inventory (DSI) for the six months ended in Feb. 2016 was 17.73.

Inventory turnover measures how fast the company turns over its inventory within a year. Tesco PLC's inventory turnover for the six months ended in Feb. 2016 was 9.70.

Inventory to revenue ratio 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. Tesco PLC's inventory to revenue ratio for the six months ended in Feb. 2016 was 0.10.


Definition

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

Tesco PLC's Days Inventory for the fiscal year that ended in Feb. 2016 is calculated as

Days Inventory (A: Feb. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Feb. 2015 ) + Inventory (A: Feb. 2016 )) / 2 ) / COGS (A: Feb. 2016 )*Days in Period
=( (4535.27607362 + 3471.42857143) / 2 ) / 73684.2857143*365
=4003.35232252 / 73684.2857143*365
=19.83

Tesco PLC's Days Inventory for the quarter that ended in Feb. 2016 is calculated as:

Days Inventory (Q: Feb. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Aug. 2015 ) + Inventory (Q: Feb. 2016 )) / 2 ) / COGS (Q: Feb. 2016 )*Days in Period
=( (4080.99688474 + 3471.42857143) / 2 ) / 36611.4285714*365 / 2
=3776.21272808 / 36611.4285714*365 / 2
=18.82

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Tesco PLC's Days Sales of Inventory for the six months ended in Feb. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=3776.21272808/38865.7142857*365 / 2
=17.73

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tesco PLC's Inventory Turnover for the six months ended in Feb. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=36611.4285714 / 3776.21272808
=9.70

3. 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.

Tesco PLC's Inventory to Revenue for the six months ended in Feb. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=3776.21272808 / 38865.7142857
=0.10

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tesco PLC Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
DaysInventory 14.9918.2121.9418.1219.1521.0222.2821.6919.3219.83

Tesco PLC Semi-Annual Data

Aug11Feb12Aug12Feb13Aug13Feb14Aug14Feb15Aug15Feb16
DaysInventory 20.9823.0122.7422.2422.8421.3324.3419.4019.4518.82
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK