The historical rank and industry rank for Sendas Distribuidora's Days Inventory or its related term are showing as below:
ASAI'
s Days Inventory Range Over the Past 10 Years
Min: 38.64 Med: 43.04 Max: 58.04
Current: 41.36
During the past 7 years, Sendas Distribuidora's highest Days Inventory was 58.04. The lowest was 38.64. And the median was 43.04.
ASAI's Days Inventory is ranked worse than 55.3% of 302
companies
in the Retail - Defensive industry
Industry Median: 35.995
vs ASAI: 41.36
Sendas Distribuidora's Days Inventory
declined
from Mar. 2023 (45.90) to Mar. 2024 (42.25).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sendas Distribuidora's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.16.
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.
Sendas Distribuidora's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.39.
Sendas Distribuidora Days Inventory Historical Data
The historical data trend for Sendas Distribuidora'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.
Competitive Comparison of Sendas Distribuidora's Days Inventory
For the Grocery Stores subindustry, Sendas Distribuidora'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.
Sendas Distribuidora's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sendas Distribuidora's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sendas Distribuidora's Days Inventory falls into.
Sendas Distribuidora Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sendas Distribuidora's Days Inventory for the fiscal year that ended in Dec. 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.
Sendas Distribuidora (NYSE:ASAI) 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.
Sendas Distribuidora's Inventory Turnover for the
three
months ended in Mar. 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.
Sendas Distribuidora's Inventory to Revenue for the
three
months ended in Mar. 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.
Sendas Distribuidora Days Inventory Related Terms
Thank you for viewing the detailed overview of Sendas Distribuidora's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sendas Distribuidora (Sendas Distribuidora) Business Description
Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.
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