ARKO (ARKO) Days Inventory : 11.04 (As of Dec. 2023)

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What is ARKO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ARKO's Average Total Inventories for the three months ended in Dec. 2023 was $258 Mil. ARKO's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,136 Mil. Hence, ARKO's Days Inventory for the three months ended in Dec. 2023 was 11.04.

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

ARKO' s Days Inventory Range Over the Past 10 Years
Min: 8.78 Med: 9.59 Max: 15.64
Current: 10.07

During the past 6 years, ARKO's highest Days Inventory was 15.64. The lowest was 8.78. And the median was 9.59.

ARKO's Days Inventory is ranked better than
95.04% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs ARKO: 10.07

ARKO's Days Inventory increased from Dec. 2022 (9.82) to Dec. 2023 (11.04). It might indicate that ARKO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ARKO's Inventory Turnover for the three months ended in Dec. 2023 was 8.27.

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. ARKO's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

ARKO Days Inventory Historical Data

The historical data trend for ARKO'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.

ARKO Days Inventory Chart

ARKO Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

14.42

15.64

9.36

8.78

9.59

ARKO Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial													9.82	10.61	9.73	9.54	11.04

Competitive Comparison of ARKO's Days Inventory

For the Specialty Retail subindustry, ARKO'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.

ARKO's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

ARKO Days Inventory Calculation

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

ARKO's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (221.951	+	250.593)	/	2 )	/	8989.097	*	365
=	236.272					/	8989.097	*	365
=	9.59

ARKO's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (266.061	+	250.593)	/	2 )	/	2135.935	*	365 / 4
=	258.327					/	2135.935	*	365 / 4
=	11.04

ARKO (NAS:ARKO) 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.

ARKO's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2135.935	/	258.327
	=	8.27

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.

ARKO's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	258.327	/	2233.16
	=	0.12

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.

ARKO Days Inventory Related Terms

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

ARKO (ARKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ARKO Corp (NAS:ARKO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8565 Magellan Parkway, Suite 400, Richmond, VA, USA, 23227-1150

Website

https://www.arkocorp.com

ARKO Corp operates as a holding company. The company, through its subsidiaries, owns and operates convenience stores in the United States. Some of its regional store brands include Stop, Admiral, Apple Market, BreadBox, E-Z Mart, fas mart, Li'l Cricket, and Next Door Store. Its retail store offers hot food service, beverages, cigarettes & other tobacco products, candy, salty snacks, grocery, beer, and general merchandise. ARKO operates in four segments: Retail segment, Wholesale segment, fleet fueling segment, and GPM Petroleum segment. The company derives the majority of its revenue from retail and wholesale distribution of fuel.

Executives

Karet Laura Shapira	director	301 GLADE RUN LANE, PITTSBURGH PA 15238
Avram Z Friedman	director	DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Eyal Nuchamovitz	officer: See Remarks	3284 NE 211 TERRACE, AVENTURA FL 33180
Kempner Partners Davidson	10 percent owner	C/O MHD MANAGEMENT CO., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Gpm Owner Llc	10 percent owner	520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Starlette B Johnson	director
Anthony Alexander Yoseloff	10 percent owner	DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Long-term Distressed Opportunities Fund Ii Lp	10 percent owner	DK LONG-TERM DISTRESSED OPPS GP II LLC, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Capital Management Lp	10 percent owner	520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Long-term Distressed Opportunties International Master Fund Ii Lp	10 percent owner	DK LONG-TERM DISTRESSED OPPS GP II LLC, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Institutional Partners, L.p.	10 percent owner	C/O DAVIDSON KEMPNER ADVISERS INC., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner International, Ltd.	10 percent owner	C/O OFFSHORE INCORPORATION LTD, OFFSHORE, INCORPORATION CENTRE, POBOX 957, RD TOWN, TORTOLA D8 00000
Andrew R Heyer	director	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Michael J Gade	director	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Sherman Iii Edmiston	director	ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141