SRHGF (Shoprite Holdings) Days Inventory : 57.80 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shoprite Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shoprite Holdings's Average Total Inventories for the six months ended in Jun. 2024 was $1,555 Mil. Shoprite Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $4,910 Mil. Hence, Shoprite Holdings's Days Inventory for the six months ended in Jun. 2024 was 57.80.

The historical rank and industry rank for Shoprite Holdings's Days Inventory or its related term are showing as below:

SRHGF' s Days Inventory Range Over the Past 10 Years
Min: 51.94 Med: 53.46 Max: 62.73
Current: 55.01

During the past 13 years, Shoprite Holdings's highest Days Inventory was 62.73. The lowest was 51.94. And the median was 53.46.

SRHGF's Days Inventory is ranked better than
75.91% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 108.25 vs SRHGF: 55.01

Shoprite Holdings's Days Inventory declined from Jun. 2023 (58.61) to Jun. 2024 (57.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shoprite Holdings's Inventory Turnover for the six months ended in Jun. 2024 was 3.16.

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. Shoprite Holdings's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.24.

Shoprite Holdings Days Inventory Historical Data

The historical data trend for Shoprite Holdings'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.

Shoprite Holdings Days Inventory Chart

Shoprite Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

Get a 7-Day Free Trial

67.02

48.49

56.24

57.04

52.90

Shoprite Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															56.64	55.28	58.61	53.49	57.80

Competitive Comparison of Shoprite Holdings's Days Inventory

For the Department Stores subindustry, Shoprite Holdings'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.

Shoprite Holdings's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Shoprite Holdings's Days Inventory falls into.

Shoprite Holdings Days Inventory Calculation

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

Shoprite Holdings's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (1338.505	+	1539.196)	/	2 )	/	9928.211	*	365
=	1438.8505					/	9928.211	*	365
=	52.90

Shoprite Holdings's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1570.993	+	1539.196)	/	2 )	/	4910.061	*	365 / 2
=	1555.0945					/	4910.061	*	365 / 2
=	57.80

Shoprite Holdings (OTCPK:SRHGF) 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.

Shoprite Holdings's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4910.061	/	1555.0945
	=	3.16

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.

Shoprite Holdings's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1555.0945	/	6491.853
	=	0.24

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.

Shoprite Holdings Days Inventory Related Terms

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

Shoprite Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (OTCPK:SRHGF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SHOPRITE:Zambia SHP:South Africa SRGHY:USA SRH:Namibia HY7:Germany

Address

Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560

Website

https://www.shopriteholdings.co.za

Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.