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Village Super Market (Village Super Market) Sloan Ratio %

: 1.48% (As of Jan. 2024)
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Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Village Super Market's Sloan Ratio for the quarter that ended in Jan. 2024 was 1.48%.

As of Jan. 2024, Village Super Market has a Sloan Ratio of 1.48%, indicating the company is in the safe zone and there is no funny business with accruals.


Village Super Market Sloan Ratio % Historical Data

The historical data trend for Village Super Market's Sloan Ratio % 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.

Village Super Market Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 7.72 -0.71 -0.69 3.48

Village Super Market Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Sloan Ratio % 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 3.00 3.46 3.48 1.38 1.48

Competitive Comparison

For the Grocery Stores subindustry, Village Super Market's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.


Village Super Market Sloan Ratio % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Village Super Market's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Village Super Market's Sloan Ratio % falls into.



Village Super Market Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Village Super Market's Sloan Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jul. 2023 )-Cash Flow from Operations (A: Jul. 2023 )
-Cash Flow from Investing (A: Jul. 2023 ))/Total Assets (A: Jul. 2023 )
=(49.716-104.513
--88.428)/967.706
=3.48%

Village Super Market's Sloan Ratio for the quarter that ended in Jan. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2024 )
=(52.376-104.83
--66.841)/970.42
=1.48%

Village Super Market's Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was 11.017 (Apr. 2023 ) + 15.294 (Jul. 2023 ) + 11.585 (Oct. 2023 ) + 14.48 (Jan. 2024 ) = $52 Mil.
Village Super Market's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2024 was 19.887 (Apr. 2023 ) + 36.269 (Jul. 2023 ) + 18.379 (Oct. 2023 ) + 30.295 (Jan. 2024 ) = $105 Mil.
Village Super Market's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2024 was -9.816 (Apr. 2023 ) + -14.233 (Jul. 2023 ) + -17.686 (Oct. 2023 ) + -25.106 (Jan. 2024 ) = $-67 Mil.

* 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.


Village Super Market  (NAS:VLGEA) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Jan. 2024, Village Super Market has a Sloan Ratio of 1.48%, indicating the company is in the safe zone and there is no funny business with accruals.


Village Super Market Sloan Ratio % Related Terms

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Village Super Market (Village Super Market) Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

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