GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Distribuidora Internacional De Alimentacion SA (XMAD:DIA) » Definitions » Inventory Turnover

Distribuidora Internacional De Alimentacion (XMAD:DIA) Inventory Turnover : 6.09 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Distribuidora Internacional De Alimentacion Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Distribuidora Internacional De Alimentacion's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,025 Mil. Distribuidora Internacional De Alimentacion's Average Total Inventories for the quarter that ended in Dec. 2023 was €332 Mil. Distribuidora Internacional De Alimentacion's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Distribuidora Internacional De Alimentacion's Days Inventory for the six months ended in Dec. 2023 was 29.94.

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. Distribuidora Internacional De Alimentacion's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.


Distribuidora Internacional De Alimentacion Inventory Turnover Historical Data

The historical data trend for Distribuidora Internacional De Alimentacion's Inventory Turnover 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.

Distribuidora Internacional De Alimentacion Inventory Turnover Chart

Distribuidora Internacional De Alimentacion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.58 10.73 9.70 10.15 11.76

Distribuidora Internacional De Alimentacion Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover 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 4.58 4.53 5.19 5.95 6.09

Distribuidora Internacional De Alimentacion Inventory Turnover Calculation

Distribuidora Internacional De Alimentacion's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=4306.892 / ((417.641 + 315.005) / 2 )
=4306.892 / 366.323
=11.76

Distribuidora Internacional De Alimentacion's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=2025.097 / ((349.55 + 315.005) / 2 )
=2025.097 / 332.2775
=6.09

* 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.


Distribuidora Internacional De Alimentacion  (XMAD:DIA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Distribuidora Internacional De Alimentacion's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=332.2775/2025.097*365 / 2
=29.94

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.

Distribuidora Internacional De Alimentacion's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=332.2775 / 2709.446
=0.12

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Distribuidora Internacional De Alimentacion Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Distribuidora Internacional De Alimentacion's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Distribuidora Internacional De Alimentacion (XMAD:DIA) Business Description

Traded in Other Exchanges
Address
C/ Jacinto Benavente 2A, Edificio Tripark, Parque Empresarial, Las Rozas de Madrid, Madrid, ESP, 28232
Distribuidora Internacional De Alimentacion SA is a Spain-based company that operates discount food retail stores. In addition to food, the company also offers personal care and hygiene products, cosmetics, baby-related products, and others. The company conducts business through self-owned stores and franchise stores. It operates stores in Spain, Portugal, Brazil, and Argentina.

Distribuidora Internacional De Alimentacion (XMAD:DIA) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Dynamic Advisor Solutions LLC

By GuruFocus Research GuruFocus Editor 07-27-2022

CADINHA & CO LLC Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-05-2022