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Dollar Tree (Dollar Tree) Total Inventories

: $5,113 Mil (As of Jan. 2024)
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Dollar Tree's total inventories for the quarter that ended in Jan. 2024 was $5,113 Mil. Dollar Tree's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $5,314 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dollar Tree's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-52.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dollar Tree's Days Inventory for the three months ended in Jan. 2024 was 82.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dollar Tree's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.10.

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. Dollar Tree's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.62.


Dollar Tree Total Inventories Historical Data

The historical data trend for Dollar Tree'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 Tree Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,522.00 3,427.00 4,367.30 5,449.30 5,112.80

Dollar Tree Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories 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 5,449.30 5,112.00 5,329.40 5,515.10 5,112.80

Dollar Tree 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 Tree  (NAS:DLTR) 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 Tree'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)
=(684.9+0.75 * 0+0.5 * 5112.8-14710.4
-0-0)/217.907
=-52.63

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

Dollar Tree'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
=5313.95/5861.4*365 / 4
=82.73

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

Dollar Tree'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 )
=5861.4 / 5313.95
=1.10

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 Tree'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 )
=5313.95 / 8639.9
=0.62

* 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 Tree Total Inventories Related Terms

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Dollar Tree (Dollar Tree) Business Description

Traded in Other Exchanges
Address
500 Volvo Parkway, Chesapeake, VA, USA, 23320
Dollar Tree operates discount stores across the United States and Canada, with over 8,200 shops under its namesake banner and 8,350 under Family Dollar. About 45% of Dollar Tree's sales in fiscal 2022 were composed of consumables (including food, health and beauty, and cleaning products), nearly 50% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (nearly 80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.
Executives
Mantle Ridge Lp other: Director by deputization 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019
Robert Aflatooni officer: Chief Information Officer DOLLAR TREE, INC., 500 VOLVO PARKWAY, CHESAPEAKE VA 23328
Daniel J Heinrich director CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
Jonathan Leiken officer: Chief Legal Officer C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD., NORTH CANTON OH 44720
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Jennifer Hulett officer: Chief Human Resources Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Michael J Kindy officer: Chief Supply Chain Officer 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Jeffrey A. Davis officer: Chief Financial Officer 1200 WILSON DRIVE, WEST CHESTER PA 19380
Richard W Dreiling director, other: Executive Chairman C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Janet Dhillon officer: Chief Legal Officer 111 W RIO SALADO PARKWAY, TEMPE AZ 85281
Creedon Michael C Jr officer: Chief Operating Officer 833 KEITH ROAD, WAKE FOREST NC 27587
John W Flanigan officer: Chief Supply Chain Officer 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Gatta Lawrence J. Jr. officer: Chief Merchandising Officer FD C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
David A. Jacobs officer: Chief Strategy Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Kelly Edward J Iii director CIT GROUP INC, ONE CIT DRIVE, LIVINGSTON NJ 07039

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