GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Total Inventories

Delhaize Group (Delhaize Group) Total Inventories : $1,653 Mil (As of Mar. 2016)


View and export this data going back to 2001. Start your Free Trial

What is Delhaize Group Total Inventories?

Delhaize Group's total inventories for the quarter that ended in Mar. 2016 was $1,653 Mil. Delhaize Group's average total inventories from the quarter that ended in Dec. 2015 to the quarter that ended in Mar. 2016 was $1,630 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Delhaize Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was $-10.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delhaize Group's Days Inventory for the three months ended in Mar. 2016 was 28.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delhaize Group's Inventory Turnover for the quarter that ended in Mar. 2016 was 3.17.

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. Delhaize Group's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.24.

Delhaize Group Total Inventories Historical Data

The historical data trend for Delhaize Group's Total Inventories 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.

* Premium members only.

Delhaize Group Total Inventories Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,248.68 1,825.46 1,853.43 1,725.03 1,607.84

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,626.62 1,624.02 1,645.34 1,607.84 1,652.56

Delhaize Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Delhaize Group  (NYSE:DEG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Delhaize Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 is

Net-Net Working Capital Per Share (Q: Mar. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1674.833+0.75 * 0+0.5 * 1652.561-7044.544
-0-0)/415.1
=-10.95

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Delhaize Group's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2016 )/Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=1630.202/5172.606*365 / 4
=28.76

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Delhaize Group's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2016 ) / Average Total Inventories (Q: Mar. 2016 )
=5172.606 / 1630.202
=3.17

4. 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.

Delhaize Group's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=1630.202 / 6851.893
=0.24

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Delhaize Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Delhaize Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Delhaize Group (Delhaize Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Total Inventories
Comparable Companies
TSE:8028 TSX:WN TSX:MRU TPE:2912 LSE:OCDO XPAR:CA OSTO:ICA SGX:D01 XBRU:COLR TSX:EMP.A OHEL:KESKOA CASY LSE:MRW LSE:SBRY LSE:89VS XPAR:CO IST:BIMAS SHSE:603866 TSX:L WAR:DNP
Traded in Other Exchanges
N/A
Address
Website
http://www.delhaizegroup.com
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.