WMK (Weis Markets) Days Inventory : 30.48 (As of Dec. 2024)

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What is Weis Markets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Weis Markets's Average Total Inventories for the three months ended in Dec. 2024 was $307 Mil. Weis Markets's Cost of Goods Sold for the three months ended in Dec. 2024 was $918 Mil. Hence, Weis Markets's Days Inventory for the three months ended in Dec. 2024 was 30.48.

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

WMK' s Days Inventory Range Over the Past 10 Years
Min: 29.23 Med: 36.26 Max: 40.96
Current: 30.56

During the past 13 years, Weis Markets's highest Days Inventory was 40.96. The lowest was 29.23. And the median was 36.26.

WMK's Days Inventory is ranked better than
59.14% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.16 vs WMK: 30.56

Weis Markets's Days Inventory increased from Dec. 2023 (29.70) to Dec. 2024 (30.48). It might indicate that Weis Markets's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weis Markets's Inventory Turnover for the three months ended in Dec. 2024 was 2.99.

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. Weis Markets's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.25.

Weis Markets Days Inventory Historical Data

The historical data trend for Weis Markets'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.

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Weis Markets Days Inventory Chart

Weis Markets Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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33.25

31.62

29.23

30.43

30.78

Weis Markets Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															29.70	30.44	30.48	30.63	30.48

Competitive Comparison of Weis Markets's Days Inventory

For the Grocery Stores subindustry, Weis Markets'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.

Weis Markets's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Weis Markets's Days Inventory distribution charts can be found below:

* The bar in red indicates where Weis Markets's Days Inventory falls into.

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Weis Markets Days Inventory Calculation

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

Weis Markets's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (296.157	+	308.895)	/	2 )	/	3587.651	*	365
=	302.526					/	3587.651	*	365
=	30.78

Weis Markets's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (304.328	+	308.895)	/	2 )	/	917.923	*	365 / 4
=	306.6115					/	917.923	*	365 / 4
=	30.48

Weis Markets (NYSE:WMK) 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.

Weis Markets's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	917.923	/	306.6115
	=	2.99

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.

Weis Markets's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	306.6115	/	1245.128
	=	0.25

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.

Weis Markets Days Inventory Related Terms

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

Weis Markets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Weis Markets Inc (NYSE:WMK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471

Website

https://www.weismarkets.com

Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products mainly belong to the following categories: center-store goods, fresh goods, pharmacy services, fuel, and others. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverages, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.

Executives

Robert G. Gleeson	officer: SVP, Merchandising & Marketing	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Lauth Edward John Iii	director	485 SCENERY DRIVE, STATE COLLEGE PA 16801
Kurt A Schertle	officer: Sr. VP Merch. and Marketing	1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471
Michael T Lockard	officer: SVP, CFO and Treasurer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Jennifer Weis	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Zeh Richard Gregory Jr	officer: SVP, Chief Information Officer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Scott F Frost	officer: SVP, Chief Financial Officer	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Wayne S Bailey	officer: Vice President Grocery Merch.
Jonathan H Weis	director, officer: Vice President and Secretary
Dennis G Hatchell	director	305 GREGSON DRIVE, CARY NC 27511
Gerrald B Silverman	director	207 CROSS STREET, BELMONT MA 02478
Harold G Graber	officer: Vice President Real Estate
Patricia R. Weis Marital Trust	10 percent owner	C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801
Weis Collen Ross	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Kathryn Jane Zox	other: Member of a 10% owner group	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801