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WOLWF (Woolworths Group) Days Inventory : 30.97 (As of Jun. 2024)


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What is Woolworths Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Woolworths Group's Average Total Inventories for the six months ended in Jun. 2024 was $2,728 Mil. Woolworths Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $16,080 Mil. Hence, Woolworths Group's Days Inventory for the six months ended in Jun. 2024 was 30.97.

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

WOLWF' s Days Inventory Range Over the Past 10 Years
Min: 28.24   Med: 35.89   Max: 40.33
Current: 29.29

During the past 13 years, Woolworths Group's highest Days Inventory was 40.33. The lowest was 28.24. And the median was 35.89.

WOLWF's Days Inventory is ranked better than
60.86% of 304 companies
in the Retail - Defensive industry
Industry Median: 36.115 vs WOLWF: 29.29

Woolworths Group's Days Inventory increased from Jun. 2023 (29.38) to Jun. 2024 (30.97). It might indicate that Woolworths Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Woolworths Group's Inventory Turnover for the six months ended in Jun. 2024 was 5.89.

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. Woolworths Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.12.


Woolworths Group Days Inventory Historical Data

The historical data trend for Woolworths 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.

Woolworths Group Days Inventory Chart

Woolworths Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.37 33.08 29.84 28.90 29.29

Woolworths Group 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 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 32.39 30.08 29.38 27.96 30.97

Competitive Comparison of Woolworths Group's Days Inventory

For the Grocery Stores subindustry, Woolworths 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.


Woolworths Group's Days Inventory Distribution in the Retail - Defensive Industry

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

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



Woolworths Group Days Inventory Calculation

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

Woolworths Group'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
=( (2481.879 + 2780.212) / 2 ) / 32782.205*365
=2631.0455 / 32782.205*365
=29.29

Woolworths Group'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
=( (2676.707 + 2780.212) / 2 ) / 16079.682*365 / 2
=2728.4595 / 16079.682*365 / 2
=30.97

* 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.


Woolworths Group  (OTCPK:WOLWF) 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.

Woolworths Group's Inventory Turnover for the six months ended in Jun. 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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=2728.4595 / 22102.922
=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

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.


Woolworths Group Days Inventory Related Terms

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


Woolworths Group Business Description

Traded in Other Exchanges
Address
1 Woolworths Way, P.O. Box 8000, Bella Vista, Baulkham Hills, Sydney, NSW, AUS, 2153
Woolworths is Australia's largest retailer. Operations include supermarkets in Australia and New Zealand, and the Big W discount department stores. The Australian food division constitutes the majority of group EBIT, followed by New Zealand supermarkets, while Big W is a minor contributor.