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Pick N Pay Stores (FRA:PIK) Inventory-to-Revenue : 0.17 (As of Feb. 2024)


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What is Pick N Pay Stores Inventory-to-Revenue?

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. Pick N Pay Stores's Average Total Inventories for the quarter that ended in Feb. 2024 was €493 Mil. Pick N Pay Stores's Revenue for the six months ended in Feb. 2024 was €2,839 Mil. Pick N Pay Stores's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.17.

Pick N Pay Stores's Inventory-to-Revenue for the quarter that ended in Feb. 2024 declined from Aug. 2023 (0.20) to Aug. 2023 (0.17)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pick N Pay Stores's Days Inventory for the six months ended in Feb. 2024 was 38.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pick N Pay Stores's Inventory Turnover for the quarter that ended in Feb. 2024 was 4.75.


Pick N Pay Stores Inventory-to-Revenue Historical Data

The historical data trend for Pick N Pay Stores's Inventory-to-Revenue 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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Pick N Pay Stores Inventory-to-Revenue Chart

Pick N Pay Stores Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.08 0.09 0.10

Pick N Pay Stores Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Inventory-to-Revenue 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 0.15 0.17 0.19 0.20 0.17

Competitive Comparison of Pick N Pay Stores's Inventory-to-Revenue

For the Department Stores subindustry, Pick N Pay Stores's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Pick N Pay Stores's Inventory-to-Revenue Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Pick N Pay Stores's Inventory-to-Revenue falls into.



Pick N Pay Stores Inventory-to-Revenue Calculation

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.

Pick N Pay Stores's Inventory-to-Revenue for the fiscal year that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (A: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )
=( (555.34 + 496.56) / 2 ) / 5473.964
=525.95 / 5473.964
=0.10

Pick N Pay Stores's Inventory-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue (Q: Feb. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Revenue (Q: Feb. 2024 )
=( (488.744 + 496.56) / 2 ) / 2838.662
=492.652 / 2838.662
=0.17

* 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.


Pick N Pay Stores  (FRA:PIK) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Pick N Pay Stores's Days Inventory for the six months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=492.652/2338.178*365 / 2
=38.45

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Pick N Pay Stores's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=2338.178 / 492.652
=4.75

* 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.


Pick N Pay Stores Inventory-to-Revenue Related Terms

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Pick N Pay Stores (FRA:PIK) Business Description

Traded in Other Exchanges
Address
101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.