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B&M European Value Retail (LSE:BME) Days Inventory : 86.91 (As of Mar. 2023)


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What is B&M European Value Retail Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). B&M European Value Retail's Average Total Inventories for the six months ended in Mar. 2023 was £801 Mil. B&M European Value Retail's Cost of Goods Sold for the six months ended in Mar. 2023 was £1,681 Mil. Hence, B&M European Value Retail's Days Inventory for the six months ended in Mar. 2023 was 86.91.

The historical rank and industry rank for B&M European Value Retail's Days Inventory or its related term are showing as below:

LSE:BME' s Days Inventory Range Over the Past 10 Years
Min: 71.83   Med: 91.72   Max: 103.8
Current: 94.21

During the past 10 years, B&M European Value Retail's highest Days Inventory was 103.80. The lowest was 71.83. And the median was 91.72.

LSE:BME's Days Inventory is ranked worse than
86.14% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs LSE:BME: 94.21

B&M European Value Retail's Days Inventory declined from Mar. 2022 (106.38) to Mar. 2023 (86.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. B&M European Value Retail's Inventory Turnover for the six months ended in Mar. 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. B&M European Value Retail's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.30.


B&M European Value Retail Days Inventory Historical Data

The historical data trend for B&M European Value Retail'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.

B&M European Value Retail Days Inventory Chart

B&M European Value Retail Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.80 90.40 71.83 91.72 93.31

B&M European Value Retail Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only 74.64 95.87 106.38 103.35 86.91

Competitive Comparison of B&M European Value Retail's Days Inventory

For the Discount Stores subindustry, B&M European Value Retail'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.


B&M European Value Retail's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, B&M European Value Retail's Days Inventory distribution charts can be found below:

* The bar in red indicates where B&M European Value Retail's Days Inventory falls into.



B&M European Value Retail Days Inventory Calculation

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

B&M European Value Retail'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
=( (863 + 764) / 2 ) / 3182*365
=813.5 / 3182*365
=93.31

B&M European Value Retail's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (837 + 764) / 2 ) / 1681*365 / 2
=800.5 / 1681*365 / 2
=86.91

* 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.


B&M European Value Retail  (LSE:BME) 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.

B&M European Value Retail's Inventory Turnover for the six months ended in Mar. 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.

B&M European Value Retail's Inventory to Revenue for the six months ended in Mar. 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.


B&M European Value Retail Days Inventory Related Terms

Thank you for viewing the detailed overview of B&M European Value Retail's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


B&M European Value Retail (LSE:BME) Business Description

Traded in Other Exchanges
Address
68-70, Boulevard de la Petrusse, Luxembourg, LUX, L-2320
B&M European Value Retail SA is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, alcohol, housewares, home textiles, small electrical goods, DIY products, garden-related products, grocery, fast-moving consumer goods, and more. Among its stores are B&M stores in the United Kingdom and France, and UK Heron. The B&M stores in the United Kingdom account for the majority of the company's total revenue.