Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Inventory Turnover

: 3.58 (As of Dec. 2023)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Koninklijke Ahold Delhaize NV's Cost of Goods Sold for the three months ended in Dec. 2023 was $18,258 Mil. Koninklijke Ahold Delhaize NV's Average Total Inventories for the quarter that ended in Dec. 2023 was $5,101 Mil. Koninklijke Ahold Delhaize NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Koninklijke Ahold Delhaize NV's Days Inventory for the three months ended in Dec. 2023 was 25.49.

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. Koninklijke Ahold Delhaize NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Koninklijke Ahold Delhaize NV Inventory Turnover Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV's Inventory Turnover 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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Koninklijke Ahold Delhaize NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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14.56

17.19

15.21

14.83

14.32

Koninklijke Ahold Delhaize NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.75	3.37	3.39	3.31	3.58

Koninklijke Ahold Delhaize NV Inventory Turnover Calculation

Koninklijke Ahold Delhaize NV's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	70752.453	/ (	(4885.593	+	4998.909)	/	2 )
=	70752.453	/	4942.251
=	14.32

Koninklijke Ahold Delhaize NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	18258.451	/ (	(5202.775	+	4998.909)	/	2 )
=	18258.451	/	5100.842
=	3.58

Koninklijke Ahold Delhaize NV (OTCPK:ADRNY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Koninklijke Ahold Delhaize NV's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	5100.842	/	18258.451	*	365 / 4
	=	25.49

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.

Koninklijke Ahold Delhaize NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5100.842	/	25106.87
	=	0.20

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Koninklijke Ahold Delhaize NV Inventory Turnover Related Terms

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Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Koninklijke Ahold Delhaize NV (OTCPK:ADRNY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

AHODF:USA AD:Netherlands AD:Mexico AD:Italy ADa:UK 0RI8:UK AHOG:Germany AD:Austria

Address

Provincialeweg 11, Zaandam, NH, NLD, 1506 MA

Website

https://www.aholddelhaize.com

Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.

Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Headlines

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