Days Inventory is also known as Days Sales of Inventory (DSI). The North West Co's Average Total Inventories for the
three
months ended in Jan. 2024 was C$330 Mil. The North West Co's Cost of Goods Sold for the
three
months ended in Jan. 2024 was C$428 Mil.
Hence, The North West Co's Days Inventory for the
three
months ended in Jan. 2024 was 70.20.
The historical rank and industry rank for The North West Co's Days Inventory or its related term are showing as below:
TSX:NWC'
s Days Inventory Range Over the Past 10 Years
Min: 54.7 Med: 60.32 Max: 69.56
Current: 69.56
During the past 13 years, The North West Co's highest Days Inventory was 69.56. The lowest was 54.70. And the median was 60.32.
TSX:NWC's Days Inventory is ranked worse than 78.95% of 304
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs TSX:NWC: 69.56
The North West Co's Days Inventory
increased
from Jan. 2023 (65.56) to Jan. 2024 (70.20).
It might indicate that The North West Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The North West Co's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.30.
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.
The North West Co's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.51.
The North West Co Days Inventory Historical Data
The historical data trend for The North West 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 The North West Co's Days Inventory
For the Grocery Stores subindustry, The North West 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.
The North West Co's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, The North West Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The North West Co's Days Inventory falls into.
The North West Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The North West Co's Days Inventory for the fiscal year that 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.
The North West Co (TSX:NWC) 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.
The North West 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.
The North West 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.
The North West Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The North West Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company's revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International. The company generates maximum revenue from Canada.
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