Days Inventory is also known as Days Sales of Inventory (DSI). Shoprite Holdings's Average Total Inventories for the
six
months ended in Dec. 2023 was $1,455 Mil. Shoprite Holdings's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $4,963 Mil.
Hence, Shoprite Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 53.49.
The historical rank and industry rank for Shoprite Holdings's Days Inventory or its related term are showing as below:
SRGHY'
s Days Inventory Range Over the Past 10 Years
Min: 51.08 Med: 53.27 Max: 62.73
Current: 55.63
During the past 13 years, Shoprite Holdings's highest Days Inventory was 62.73. The lowest was 51.08. And the median was 53.27.
SRGHY's Days Inventory is ranked better than 76.59% of 1068
companies
in the Retail - Cyclical industry
Industry Median: 110.295
vs SRGHY: 55.63
Shoprite Holdings's Days Inventory
declined
from Dec. 2022 (55.28) to Dec. 2023 (53.49).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shoprite Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 3.41.
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.
Shoprite Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.22.
Shoprite Holdings Days Inventory Historical Data
The historical data trend for Shoprite Holdings'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.
For the Department Stores subindustry, Shoprite Holdings'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.
Shoprite Holdings Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoprite Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shoprite Holdings's Days Inventory falls into.
Shoprite Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shoprite Holdings's Days Inventory for the fiscal year that ended in Jun. 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.
Shoprite Holdings (OTCPK:SRGHY) 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.
Shoprite Holdings's Inventory Turnover for the
six
months ended in Dec. 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.
Shoprite Holdings's Inventory to Revenue for the
six
months 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.
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.
Shoprite Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Shoprite Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shoprite Holdings (Shoprite Holdings) Business Description
Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SRGHY has been successfully added to your 