Days Inventory is also known as Days Sales of Inventory (DSI). Empire Co's Average Total Inventories for the
three
months ended in Jan. 2024 was C$1,769 Mil. Empire Co's Cost of Goods Sold for the
three
months ended in Jan. 2024 was C$5,507 Mil.
Hence, Empire Co's Days Inventory for the
three
months ended in Jan. 2024 was 29.31.
The historical rank and industry rank for Empire Co's Days Inventory or its related term are showing as below:
TSX:EMP.A'
s Days Inventory Range Over the Past 10 Years
Min: 24.92 Med: 25.85 Max: 28.26
Current: 28.26
During the past 13 years, Empire Co's highest Days Inventory was 28.26. The lowest was 24.92. And the median was 25.85.
TSX:EMP.A's Days Inventory is ranked better than 62.17% of 304
companies
in the Retail - Defensive industry
Industry Median: 36.455
vs TSX:EMP.A: 28.26
Empire Co's Days Inventory
increased
from Jan. 2023 (28.46) to Jan. 2024 (29.31).
It might indicate that Empire Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Empire Co's Inventory Turnover for the
three
months ended in Jan. 2024 was 3.11.
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.
Empire Co's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.24.
Empire Co Days Inventory Historical Data
The historical data trend for Empire Co'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 Empire Co's Days Inventory
For the Grocery Stores subindustry, Empire Co'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.
Empire Co's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Empire Co's Days Inventory falls into.
Empire Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Empire Co's Days Inventory for the fiscal year that ended in Apr. 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.
Empire Co (TSX:EMP.A) 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.
Empire Co's Inventory Turnover for the
three
months ended in Jan. 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.
Empire Co's Inventory to Revenue for the
three
months ended in Jan. 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.
Empire Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Empire Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.
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