Days Inventory is also known as Days Sales of Inventory (DSI). SpartanNash Co's Average Total Inventories for the
three
months ended in Sep. 2024 was $543 Mil. SpartanNash Co's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $1,896 Mil.
Hence, SpartanNash Co's Days Inventory for the
three
months ended in Sep. 2024 was 26.12.
The historical rank and industry rank for SpartanNash Co's Days Inventory or its related term are showing as below:
SPTN'
s Days Inventory Range Over the Past 10 Years
Min: 18.95 Med: 26.55 Max: 30.67
Current: 25.41
During the past 13 years, SpartanNash Co's highest Days Inventory was 30.67. The lowest was 18.95. And the median was 26.55.
SPTN's Days Inventory is ranked better than 65.79% of 304
companies
in the Retail - Defensive industry
Industry Median: 36.115
vs SPTN: 25.41
SpartanNash Co's Days Inventory
declined
from Sep. 2023 (27.53) to Sep. 2024 (26.12).
Inventory Turnover measures how fast the company turns over its inventory within a year.
SpartanNash Co's Inventory Turnover for the
three
months ended in Sep. 2024 was 3.49.
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.
SpartanNash Co's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.24.
SpartanNash Co Days Inventory Historical Data
The historical data trend for SpartanNash 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 SpartanNash Co's Days Inventory
For the Food Distribution subindustry, SpartanNash 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.
SpartanNash Co's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, SpartanNash Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where SpartanNash Co's Days Inventory falls into.
SpartanNash Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SpartanNash Co's Days Inventory for the fiscal year that ended in Dec. 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.
SpartanNash Co (NAS:SPTN) 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.
SpartanNash Co's Inventory Turnover for the
three
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.
SpartanNash Co's Inventory to Revenue for the
three
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.
SpartanNash Co Days Inventory Related Terms
Thank you for viewing the detailed overview of SpartanNash Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SpartanNash Co is a food solutions company that delivers the ingredients. Its principal business activities include, distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores, and U.S. military commissaries and exchanges; as well as operating a fresh produce distribution network and the Our Family private label brand. The company operates in two segments: Retail and Wholesale. Majority of the revenue is earned from its Wholesale segment which uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores.
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