Grocery Outlet Holding (Grocery Outlet Holding) Days Inventory : 43.49 (As of Dec. 2023)

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What is Grocery Outlet Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grocery Outlet Holding's Average Total Inventories for the three months ended in Dec. 2023 was $329 Mil. Grocery Outlet Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $691 Mil. Hence, Grocery Outlet Holding's Days Inventory for the three months ended in Dec. 2023 was 43.49.

The historical rank and industry rank for Grocery Outlet Holding's Days Inventory or its related term are showing as below:

GO' s Days Inventory Range Over the Past 10 Years
Min: 39.23 Med: 44.59 Max: 46.27
Current: 43.61

During the past 8 years, Grocery Outlet Holding's highest Days Inventory was 46.27. The lowest was 39.23. And the median was 44.59.

GO's Days Inventory is ranked worse than
61.06% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs GO: 43.61

Grocery Outlet Holding's Days Inventory declined from Dec. 2022 (46.79) to Dec. 2023 (43.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grocery Outlet Holding's Inventory Turnover for the three months ended in Dec. 2023 was 2.10.

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. Grocery Outlet Holding's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.

Grocery Outlet Holding Days Inventory Historical Data

The historical data trend for Grocery Outlet Holding'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.

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Grocery Outlet Holding Days Inventory Chart

Grocery Outlet Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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43.01

39.23

44.59

44.77

45.78

Grocery Outlet Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															46.79	44.65	42.49	41.70	43.49

Competitive Comparison of Grocery Outlet Holding's Days Inventory

For the Grocery Stores subindustry, Grocery Outlet Holding'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.

Grocery Outlet Holding's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Grocery Outlet Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grocery Outlet Holding's Days Inventory falls into.

Grocery Outlet Holding Days Inventory Calculation

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

Grocery Outlet Holding's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (334.319	+	349.993)	/	2 )	/	2727.774	*	365
=	342.156					/	2727.774	*	365
=	45.78

Grocery Outlet Holding's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (308.605	+	349.993)	/	2 )	/	690.943	*	365 / 4
=	329.299					/	690.943	*	365 / 4
=	43.49

Grocery Outlet Holding (NAS:GO) 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.

Grocery Outlet Holding's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	690.943	/	329.299
	=	2.10

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.

Grocery Outlet Holding's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	329.299	/	989.818
	=	0.33

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.

Grocery Outlet Holding Days Inventory Related Terms

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

Grocery Outlet Holding (Grocery Outlet Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Grocery Outlet Holding Corp (NAS:GO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5650 Hollis Street, Emeryville, CA, USA, 94608

Website

https://www.groceryoutlet.com

Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.

Executives

Thomas F Herman	director	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindberg Eric J. Jr.	director, officer: Chief Executive Officer	C/O GROCERY OUTLET HOLDING CORP., 56560 HOLLIS STREET, EMERYVILLE CA 94608
Pamela B. Burke	officer: CAO, GC & Secretary	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Charles Bracher	officer: Chief Financial Officer	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Erik D. Ragatz	director	ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Luke D Thompson	officer: SVP, GC and Secretary	C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
Calvin Chung	officer: See Remarks	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Sheedy Robert Joseph Jr.	officer: President	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindsay E. Gray	officer: VP Corporate Controller	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Steven K. Wilson	officer: SVP, Purchasing	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Andrea Renee Bortner	officer: Chief Human Resources Officer	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Jeffrey York	director	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Brian Mcandrews	officer: See Remarks	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Norman S Matthews	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Read S. Macgregor Jr.	director, officer: Vice Chairman	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608