Metro (TSX:MRU) Change In Inventory : C$0 Mil (TTM As of Mar. 2024)

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What is Metro Change In Inventory?

Metro's change in inventory for the quarter that ended in Mar. 2024 was C$0 Mil. It means Metro's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Metro's change in inventory for the fiscal year that ended in Sep. 2023 was C$0 Mil. It means Metro's inventory stayed the same from Sep. 2022 to Sep. 2023 .

Metro's Total Inventories for the quarter that ended in Mar. 2024 was C$1,515 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metro's Days Inventory for the quarter that ended in Mar. 2024 was 38.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metro's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.37.

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. Metro's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.

Metro Change In Inventory Historical Data

The historical data trend for Metro's Change In Inventory 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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Metro Change In Inventory Chart

Metro Annual Data

Trend

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Change In Inventory

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Metro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Metro Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

Metro (TSX:MRU) Change In Inventory Explanation

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

Metro's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1571.7	/	3727.4	*	365 / 4
	=	38.48

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

Metro's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3727.4	/	1571.7
	=	2.37

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1571.7	/	4655.5
	=	0.34

Metro Change In Inventory Related Terms

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Metro (TSX:MRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (TSX:MRU) » Definitions » Change In Inventory

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Traded in Other Exchanges

MTRAF:USA 62M:Germany

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

Executives

Carmine Fortino

Senior Officer

Metro (TSX:MRU) Headlines

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