Days Inventory is also known as Days Sales of Inventory (DSI). Spar Group's Average Total Inventories for the
six
months ended in Sep. 2023 was R7,013 Mil. Spar Group's Cost of Goods Sold for the
six
months ended in Sep. 2023 was R67,270 Mil.
Hence, Spar Group's Days Inventory for the
six
months ended in Sep. 2023 was 19.03.
The historical rank and industry rank for Spar Group's Days Inventory or its related term are showing as below:
JSE:SPP'
s Days Inventory Range Over the Past 10 Years
Min: 12.64 Med: 16.01 Max: 19.06
Current: 19.06
During the past 13 years, Spar Group's highest Days Inventory was 19.06. The lowest was 12.64. And the median was 16.01.
JSE:SPP's Days Inventory is ranked better than 78.62% of 304
companies
in the Retail - Defensive industry
Industry Median: 35.905
vs JSE:SPP: 19.06
Spar Group's Days Inventory
declined
from Sep. 2022 (19.18) to Sep. 2023 (19.03).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Spar Group's Inventory Turnover for the
six
months ended in Sep. 2023 was 9.59.
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.
Spar Group's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 0.09.
Spar Group Days Inventory Historical Data
The historical data trend for Spar Group'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.
Spar Group Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Days Inventory
15.63
16.37
17.31
18.14
18.49
Spar Group Semi-Annual Data
Mar14
Sep14
Mar15
Sep15
Mar16
Sep16
Mar17
Sep17
Mar18
Sep18
Mar19
Sep19
Mar20
Sep20
Mar21
Sep21
Mar22
Sep22
Mar23
Sep23
Days Inventory
17.32
17.31
19.18
19.67
19.03
Competitive Comparison
For the Food Distribution subindustry, Spar Group'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.
Spar Group Days Inventory Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Spar Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Spar Group's Days Inventory falls into.
Spar Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Spar Group's Days Inventory for the fiscal year that ended in Sep. 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.
Spar Group (JSE:SPP) 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.
Spar Group'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.
Spar Group's Inventory to Revenue for the
six
months ended in Sep. 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.
Spar Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Spar Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.
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