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Dollar General (Dollar General) Total Inventories : $6,994 Mil (As of Jan. 2024)


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What is Dollar General Total Inventories?

Dollar General's total inventories for the quarter that ended in Jan. 2024 was $6,994 Mil. Dollar General's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $7,175 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dollar General's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-91.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dollar General's Days Inventory for the three months ended in Jan. 2024 was 94.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dollar General's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.97.

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. Dollar General's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.73.


Dollar General Total Inventories Historical Data

The historical data trend for Dollar General's Total Inventories 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.

Dollar General Total Inventories Chart

Dollar General Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,676.85 5,247.48 5,614.33 6,760.73 6,994.27

Dollar General Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories 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 6,760.73 7,335.85 7,531.46 7,356.07 6,994.27

Dollar General Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Dollar General  (NYSE:DG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Dollar General's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(537.283+0.75 * 0+0.5 * 6994.266-24046.472
-0-0)/219.663
=-91.10

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

Dollar General's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=7175.1655/6952.178*365 / 4
=94.18

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

Dollar General's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=6952.178 / 7175.1655
=0.97

4. 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.

Dollar General's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=7175.1655 / 9858.514
=0.73

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Dollar General Total Inventories Related Terms

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Dollar General (Dollar General) Business Description

Address
100 Mission Ridge, Goodlettsville, TN, USA, 37072
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
Executives
Carman R Wenkoff officer: EVP & Chief Information Ofc 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Roderick J West officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
David Rowland director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 06061
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Jeffery Owen officer: EVP, Store Operations C/O KIRKLAND'S, INC., 5310 MARYLAND WAY, BRENTWOOD TN 37027
Todd J Vasos officer: Div. Pres., Chief Merch. Ofc
Ana Maria Chadwick director 3001 SUMMER ST, STAMFORD CT 06926
Steven R Deckard officer: EVP, Growth & Emerging Mkts 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Kelly Dilts officer: EVP & Chief Financial Officer 6380 ROGERDALE, HOUSTON TX 77072
Timothy I Mcguire director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
John W Garratt officer: Interim CFO 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Rhonda Taylor officer: SVP & General Counsel 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Anita C Elliott officer: Senior VP & Controller 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Patricia Filikrushel director DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Antonio Zuazo officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072