Days Inventory is also known as Days Sales of Inventory (DSI). Costco Wholesale's Average Total Inventories for the
three
months ended in Feb. 2024 was €16,231 Mil. Costco Wholesale's Cost of Goods Sold for the
three
months ended in Feb. 2024 was €47,407 Mil.
Hence, Costco Wholesale's Days Inventory for the
three
months ended in Feb. 2024 was 31.24.
The historical rank and industry rank for Costco Wholesale's Days Inventory or its related term are showing as below:
FRA:CTO'
s Days Inventory Range Over the Past 10 Years
Min: 28.17 Med: 30.49 Max: 31.71
Current: 28.17
During the past 13 years, Costco Wholesale's highest Days Inventory was 31.71. The lowest was 28.17. And the median was 30.49.
FRA:CTO's Days Inventory is ranked better than 62.17% of 304
companies
in the Retail - Defensive industry
Industry Median: 35.905
vs FRA:CTO: 28.17
Costco Wholesale's Days Inventory
increased
from Feb. 2023 (30.30) to Feb. 2024 (31.24).
It might indicate that Costco Wholesale's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Costco Wholesale's Inventory Turnover for the
three
months ended in Feb. 2024 was 2.92.
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.
Costco Wholesale's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.30.
Costco Wholesale Days Inventory Historical Data
The historical data trend for Costco Wholesale'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.
Costco Wholesale Annual Data
Trend
Aug14
Aug15
Aug16
Aug17
Aug18
Aug19
Aug20
Aug21
Aug22
Aug23
Days Inventory
30.25
30.68
28.21
27.60
30.84
Costco Wholesale Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Days Inventory
30.30
31.58
21.77
31.22
31.24
Competitive Comparison
For the Discount Stores subindustry, Costco Wholesale'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.
Costco Wholesale Days Inventory Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Days Inventory distribution charts can be found below:
* The bar in red indicates where Costco Wholesale's Days Inventory falls into.
Costco Wholesale Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Costco Wholesale's Days Inventory for the fiscal year that ended in Aug. 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.
Costco Wholesale (FRA:CTO) 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.
Costco Wholesale's Inventory Turnover for the
three
months ended in Feb. 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.
Costco Wholesale's Inventory to Revenue for the
three
months ended in Feb. 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.
Costco Wholesale Days Inventory Related Terms
Thank you for viewing the detailed overview of Costco Wholesale's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.
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