Days Inventory is also known as Days Sales of Inventory (DSI). METRO AG's Average Total Inventories for the
three
months ended in Sep. 2023 was €2,355 Mil. METRO AG's Cost of Goods Sold for the
three
months ended in Sep. 2023 was €6,645 Mil.
Hence, METRO AG's Days Inventory for the
three
months ended in Sep. 2023 was 32.33.
The historical rank and industry rank for METRO AG's Days Inventory or its related term are showing as below:
XTER:B4B'
s Days Inventory Range Over the Past 10 Years
Min: 32.41 Med: 35.48 Max: 45.11
Current: 35.47
During the past 11 years, METRO AG's highest Days Inventory was 45.11. The lowest was 32.41. And the median was 35.48.
XTER:B4B's Days Inventory is ranked better than 51.49% of 303
companies
in the Retail - Defensive industry
Industry Median: 36.41
vs XTER:B4B: 35.47
METRO AG's Days Inventory
declined
from Sep. 2022 (34.50) to Sep. 2023 (32.33).
Inventory Turnover measures how fast the company turns over its inventory within a year.
METRO AG's Inventory Turnover for the
three
months ended in Sep. 2023 was 2.82.
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.
METRO AG's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.30.
METRO AG Days Inventory Historical Data
The historical data trend for METRO AG'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 METRO AG's Days Inventory
For the Food Distribution subindustry, METRO AG'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.
METRO AG's Days Inventory Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where METRO AG's Days Inventory falls into.
METRO AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
METRO AG's Days Inventory for the fiscal year that ended in Sep. 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.
METRO AG (XTER:B4B) 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.
METRO AG's Inventory Turnover for the
three
months ended in Sep. 2023 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.
METRO AG's Inventory to Revenue for the
three
months ended in Sep. 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.
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.
METRO AG Days Inventory Related Terms
Thank you for viewing the detailed overview of METRO AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.
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