GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » OK Zimbabwe Ltd (XZIM:OKZ.ZW) » Definitions » Days Inventory

OK Zimbabwe (XZIM:OKZ.ZW) Days Inventory : 27.36 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is OK Zimbabwe Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OK Zimbabwe's Average Total Inventories for the six months ended in Sep. 2023 was ZWL91,011 Mil. OK Zimbabwe's Cost of Goods Sold for the six months ended in Sep. 2023 was ZWL607,081 Mil. Hence, OK Zimbabwe's Days Inventory for the six months ended in Sep. 2023 was 27.36.

The historical rank and industry rank for OK Zimbabwe's Days Inventory or its related term are showing as below:

XZIM:OKZ.ZW' s Days Inventory Range Over the Past 10 Years
Min: 26.93   Med: 35.08   Max: 5879.05
Current: 54.35

During the past 9 years, OK Zimbabwe's highest Days Inventory was 5879.05. The lowest was 26.93. And the median was 35.08.

XZIM:OKZ.ZW's Days Inventory is ranked better than
76.87% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs XZIM:OKZ.ZW: 54.35

OK Zimbabwe's Days Inventory increased from Sep. 2022 (11.41) to Sep. 2023 (27.36). It might indicate that OK Zimbabwe's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OK Zimbabwe's Inventory Turnover for the six months ended in Sep. 2023 was 6.67.

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. OK Zimbabwe's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.13.


OK Zimbabwe Days Inventory Historical Data

The historical data trend for OK Zimbabwe'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.

* Premium members only.

OK Zimbabwe Days Inventory Chart

OK Zimbabwe Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 31.91 30.23 38.25 29.01 38.57

OK Zimbabwe Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.37 22.55 11.41 - 27.36

Competitive Comparison of OK Zimbabwe's Days Inventory

For the Department Stores subindustry, OK Zimbabwe'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.


OK Zimbabwe's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OK Zimbabwe's Days Inventory distribution charts can be found below:

* The bar in red indicates where OK Zimbabwe's Days Inventory falls into.



OK Zimbabwe Days Inventory Calculation

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

OK Zimbabwe's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (23999.681 + 34420) / 2 ) / 276453.695*365
=29209.8405 / 276453.695*365
=38.57

OK Zimbabwe's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (34420 + 147601.767) / 2 ) / 607081.03*365 / 2
=91010.8835 / 607081.03*365 / 2
=27.36

* 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.


OK Zimbabwe  (XZIM:OKZ.ZW) 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.

OK Zimbabwe's Inventory Turnover for the six months ended in Sep. 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.

OK Zimbabwe's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=91010.8835 / 727873.698
=0.13

* 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.


OK Zimbabwe Days Inventory Related Terms

Thank you for viewing the detailed overview of OK Zimbabwe's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


OK Zimbabwe (XZIM:OKZ.ZW) Business Description

Traded in Other Exchanges
N/A
Address
OK House, 7 Ramon Road, P.O. Box 3081, Graniteside, Harare, ZWE
OK Zimbabwe Ltd is a supermarket retailer in Zimbabwe. The company's business covers three categories including groceries, basic clothing and textiles, and houseware products. Its groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit, and vegetable sections. The company trades its product under brand names, including OK Stores, Bon Marche Stores, and OKmart.

OK Zimbabwe (XZIM:OKZ.ZW) Headlines

No Headlines