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Mr Price Group (JSE:MRP) Days Inventory : 143.45 (As of Sep. 2024)


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What is Mr Price Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mr Price Group's Average Total Inventories for the six months ended in Sep. 2024 was R8,049 Mil. Mr Price Group's Cost of Goods Sold for the six months ended in Sep. 2024 was R10,240 Mil. Hence, Mr Price Group's Days Inventory for the six months ended in Sep. 2024 was 143.45.

The historical rank and industry rank for Mr Price Group's Days Inventory or its related term are showing as below:

JSE:MRP' s Days Inventory Range Over the Past 10 Years
Min: 56.33   Med: 74.86   Max: 129.55
Current: 129.55

During the past 13 years, Mr Price Group's highest Days Inventory was 129.55. The lowest was 56.33. And the median was 74.86.

JSE:MRP's Days Inventory is ranked worse than
59% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 105.985 vs JSE:MRP: 129.55

Mr Price Group's Days Inventory increased from Sep. 2023 (139.25) to Sep. 2024 (143.45). It might indicate that Mr Price Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mr Price Group's Inventory Turnover for the six months ended in Sep. 2024 was 1.27.

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. Mr Price Group's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.47.


Mr Price Group Days Inventory Historical Data

The historical data trend for Mr Price Group'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.

* Premium members only.

Mr Price Group Days Inventory Chart

Mr Price Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.81 87.57 83.68 107.50 118.67

Mr Price Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Inventory 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 106.15 95.85 139.25 111.23 143.45

Competitive Comparison of Mr Price Group's Days Inventory

For the Apparel Retail subindustry, Mr Price Group'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.


Mr Price Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mr Price Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mr Price Group's Days Inventory falls into.


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Mr Price Group Days Inventory Calculation

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

Mr Price Group's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (7321 + 7078) / 2 ) / 22144*365
=7199.5 / 22144*365
=118.67

Mr Price Group's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (7078 + 9020) / 2 ) / 10240*365 / 2
=8049 / 10240*365 / 2
=143.45

* 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.


Mr Price Group  (JSE:MRP) 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.

Mr Price Group's Inventory Turnover for the six months ended in Sep. 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.

Mr Price Group's Inventory to Revenue for the six months ended in Sep. 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.


Mr Price Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Mr Price Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Mr Price Group Business Description

Traded in Other Exchanges
Address
65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001
Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. The company's segment involves: Apparel segment; Homeware segment; Financial Services segment; Telecoms segment; and Central Services segment. It derives maximum revenue from Apparel Segment.