Days Inventory is also known as Days Sales of Inventory (DSI). The Kroger Co's Average Total Inventories for the
three
months ended in Jan. 2024 was $7,518 Mil. The Kroger Co's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $28,643 Mil.
Hence, The Kroger Co's Days Inventory for the
three
months ended in Jan. 2024 was 23.95.
The historical rank and industry rank for The Kroger Co's Days Inventory or its related term are showing as below:
KR'
s Days Inventory Range Over the Past 10 Years
Min: 22.47 Med: 25.13 Max: 26.68
Current: 22.81
During the past 13 years, The Kroger Co's highest Days Inventory was 26.68. The lowest was 22.47. And the median was 25.13.
KR's Days Inventory is ranked better than 71.05% of 304
companies
in the Retail - Defensive industry
Industry Median: 36.455
vs KR: 22.81
The Kroger Co's Days Inventory
declined
from Jan. 2023 (27.17) to Jan. 2024 (23.95).
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Kroger Co's Inventory Turnover for the
three
months ended in Jan. 2024 was 3.81.
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.
The Kroger Co's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.20.
The Kroger Co Days Inventory Historical Data
The historical data trend for The Kroger Co'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.
The Kroger Co Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Days Inventory
26.68
25.41
23.50
22.47
22.94
The Kroger Co Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Days Inventory
27.17
18.98
23.53
25.43
23.95
Competitive Comparison
For the Grocery Stores subindustry, The Kroger Co'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.
The Kroger Co Days Inventory Distribution
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Days Inventory falls into.
The Kroger Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Kroger Co's Days Inventory for the fiscal year that ended in Jan. 2024 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.
The Kroger Co (NYSE:KR) 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.
The Kroger Co's Inventory Turnover for the
three
months ended in Jan. 2024 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.
The Kroger Co's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
The Kroger Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The Kroger Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Kroger Co (The Kroger Co) Business Description
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
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