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Tesco (XTER:TCO0) Days Inventory : 15.91 (As of Aug. 2024)


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What is Tesco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tesco's Average Total Inventories for the six months ended in Aug. 2024 was €3,283 Mil. Tesco's Cost of Goods Sold for the six months ended in Aug. 2024 was €37,664 Mil. Hence, Tesco's Days Inventory for the six months ended in Aug. 2024 was 15.91.

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

XTER:TCO0' s Days Inventory Range Over the Past 10 Years
Min: 14.19   Med: 15.29   Max: 20.16
Current: 16.06

During the past 13 years, Tesco's highest Days Inventory was 20.16. The lowest was 14.19. And the median was 15.29.

XTER:TCO0's Days Inventory is ranked better than
81.91% of 304 companies
in the Retail - Defensive industry
Industry Median: 36.115 vs XTER:TCO0: 16.06

Tesco's Days Inventory increased from Aug. 2023 (15.39) to Aug. 2024 (15.91). It might indicate that Tesco's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tesco's Inventory Turnover for the six months ended in Aug. 2024 was 11.47.

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. Tesco's Inventory-to-Revenue for the six months ended in Aug. 2024 was 0.08.


Tesco Days Inventory Historical Data

The historical data trend for Tesco'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.

Tesco Days Inventory Chart

Tesco Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.77 15.48 13.93 14.67 14.56

Tesco Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 14.62 15.31 15.39 15.63 15.91

Competitive Comparison of Tesco's Days Inventory

For the Grocery Stores subindustry, Tesco'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.


Tesco's Days Inventory Distribution in the Retail - Defensive Industry

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

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



Tesco Days Inventory Calculation

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

Tesco's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

Days Inventory (A: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (2831.329 + 3084.148) / 2 ) / 74134.25*365
=2957.7385 / 74134.25*365
=14.56

Tesco's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (3084.148 + 3482.316) / 2 ) / 37663.998*365 / 2
=3283.232 / 37663.998*365 / 2
=15.91

* 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.


Tesco  (XTER:TCO0) 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.

Tesco's Inventory Turnover for the six months ended in Aug. 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.

Tesco's Inventory to Revenue for the six months ended in Aug. 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.


Tesco Days Inventory Related Terms

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


Tesco Business Description

Address
Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA
Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. It recently sold its Asia business. According to Kantar, Tesco is the market leader in the UK with a share around 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the UK, the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.

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