Tesco (TSCDY) Total Inventories

: $3,327 Mil (As of Feb. 2024)

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Tesco's total inventories for the quarter that ended in Feb. 2024 was $3,327 Mil. Tesco's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Feb. 2024 was $3,478 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tesco's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-15.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tesco's Days Inventory for the six months ended in Feb. 2024 was 15.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tesco's Inventory Turnover for the quarter that ended in Feb. 2024 was 11.53.

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's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.08.

Tesco Total Inventories Historical Data

The historical data trend for Tesco'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.

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Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Inventories

3,151.55

2,869.63

3,165.09

3,031.40

3,327.02

Tesco Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Inventories																3,165.09	3,094.61	3,031.40	3,628.97	3,327.02

Tesco 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.

Tesco (OTCPK:TSCDY) 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.

Tesco's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

	Net-Net Working Capital Per Share (Q: Feb. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5901.515	+	0.75 * 1703.283	+	0.5 * 3327.02	-	44664.141
-	0	-	-7.576)	/	2322.98
=	-15.42

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

Tesco's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	3477.9955	/	40087.121	*	365 / 2
	=	15.83

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

Tesco's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Feb. 2024 )	/	Average Total Inventories (Q: Feb. 2024 )
	=	40087.121	/	3477.9955
	=	11.53

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.

Tesco's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	3477.9955	/	42977.273
	=	0.08

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.

Tesco Total Inventories Related Terms

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Tesco (TSCDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany TCO0:Germany TCO0:Germany TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.