Days Inventory is also known as Days Sales of Inventory (DSI). Walgreens Boots Alliance's Average Total Inventories for the
three
months ended in Feb. 2024 was $9,006 Mil. Walgreens Boots Alliance's Cost of Goods Sold for the
three
months ended in Feb. 2024 was $30,011 Mil.
Hence, Walgreens Boots Alliance's Days Inventory for the
three
months ended in Feb. 2024 was 27.38.
The historical rank and industry rank for Walgreens Boots Alliance's Days Inventory or its related term are showing as below:
WBA'
s Days Inventory Range Over the Past 10 Years
Min: 26.78 Med: 34.28 Max: 43.04
Current: 26.78
During the past 13 years, Walgreens Boots Alliance's highest Days Inventory was 43.04. The lowest was 26.78. And the median was 34.28.
WBA's Days Inventory is ranked better than 57.45% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs WBA: 26.78
Walgreens Boots Alliance's Days Inventory
declined
from Feb. 2023 (29.66) to Feb. 2024 (27.38).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Walgreens Boots Alliance's Inventory Turnover for the
three
months ended in Feb. 2024 was 3.33.
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.
Walgreens Boots Alliance's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.24.
Walgreens Boots Alliance Days Inventory Historical Data
The historical data trend for Walgreens Boots Alliance'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 Pharmaceutical Retailers subindustry, Walgreens Boots Alliance'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.
Walgreens Boots Alliance Days Inventory Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Days Inventory distribution charts can be found below:
* The bar in red indicates where Walgreens Boots Alliance's Days Inventory falls into.
Walgreens Boots Alliance Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Walgreens Boots Alliance's Days Inventory for the fiscal year that ended in Aug. 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.
Walgreens Boots Alliance (NAS:WBA) 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.
Walgreens Boots Alliance's Inventory Turnover for the
three
months ended in Feb. 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.
Walgreens Boots Alliance's Inventory to Revenue for the
three
months ended in Feb. 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.
Walgreens Boots Alliance Days Inventory Related Terms
Thank you for viewing the detailed overview of Walgreens Boots Alliance's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Walgreens Boots Alliance (Walgreens Boots Alliance) Business Description
Walgreens Boots Alliance is one of the largest retail pharmacy chains in the U.S., with over 8,500 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the U.S. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.
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