Days Inventory is also known as Days Sales of Inventory (DSI). Carrefour's Average Total Inventories for the
six
months ended in Dec. 2023 was $7,386 Mil. Carrefour's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $37,911 Mil.
Hence, Carrefour's Days Inventory for the
six
months ended in Dec. 2023 was 35.55.
The historical rank and industry rank for Carrefour's Days Inventory or its related term are showing as below:
CRRFY'
s Days Inventory Range Over the Past 10 Years
Min: 34.85 Med: 37.26 Max: 40.34
Current: 36.5
During the past 13 years, Carrefour's highest Days Inventory was 40.34. The lowest was 34.85. And the median was 37.26.
CRRFY's Days Inventory is ranked worse than 50.5% of 303
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs CRRFY: 36.50
Carrefour's Days Inventory
declined
from Dec. 2022 (36.03) to Dec. 2023 (35.55).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Carrefour's Inventory Turnover for the
six
months ended in Dec. 2023 was 5.13.
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.
Carrefour's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.16.
Carrefour Days Inventory Historical Data
The historical data trend for Carrefour's Days 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.
Competitive Comparison of Carrefour's Days Inventory
For the Grocery Stores subindustry, Carrefour's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carrefour's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Days Inventory distribution charts can be found below:
* The bar in red indicates where Carrefour's Days Inventory falls into.
Carrefour Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Carrefour's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Carrefour (OTCPK:CRRFY) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Carrefour's Inventory Turnover for the
six
months ended in Dec. 2023 is calculated as
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.
Carrefour's Inventory to Revenue for the
six
months ended in Dec. 2023 is calculated as
* 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
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Carrefour Days Inventory Related Terms
Thank you for viewing the detailed overview of Carrefour's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 340,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 73% of sales are generated in Europe, and the rest in Latin America (27%).
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