Pick N Pay Stores (JSE:PIK) Days Inventory : 38.41 (As of Feb. 2024)

Pick N Pay Stores Days Inventory Chart

Pick N Pay Stores Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Days Inventory		Get a 7-Day Free Trial					31.10	33.52	35.52	40.33	41.32

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
Days Inventory	Get a 7-Day Free Trial															33.91	37.93	40.26	42.78	38.41

Competitive Comparison of Pick N Pay Stores's Days Inventory

For the Department Stores subindustry, Pick N Pay Stores'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.

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

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

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

Pick N Pay Stores Days Inventory Calculation

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 fiscal year that ended in Feb. 2024 is calculated as

Pick N Pay Stores's Days Inventory for the quarter that ended in Feb. 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.

Pick N Pay Stores  (JSE:PIK) 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.

Pick N Pay Stores's Inventory Turnover for the six months ended in Feb. 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.

Pick N Pay Stores's Inventory to Revenue for the six months ended in Feb. 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.

Pick N Pay Stores Days Inventory Related Terms

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

Pick N Pay Stores (JSE:PIK) Business Description