GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollar General Corp (NYSE:DG) » Definitions » Days Inventory

Dollar General (Dollar General) Days Inventory : 94.18 (As of Jan. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Dollar General Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dollar General's Average Total Inventories for the three months ended in Jan. 2024 was $7,175 Mil. Dollar General's Cost of Goods Sold for the three months ended in Jan. 2024 was $6,952 Mil. Hence, Dollar General's Days Inventory for the three months ended in Jan. 2024 was 94.18.

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

DG' s Days Inventory Range Over the Past 10 Years
Min: 74.29   Med: 78.78   Max: 97.37
Current: 97.37

During the past 13 years, Dollar General's highest Days Inventory was 97.37. The lowest was 74.29. And the median was 78.78.

DG's Days Inventory is ranked worse than
86.47% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs DG: 97.37

Dollar General's Days Inventory increased from Jan. 2023 (89.93) to Jan. 2024 (94.18). It might indicate that Dollar General's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dollar General's Inventory Turnover for the three months ended in Jan. 2024 was 0.97.

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. Dollar General's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.73.


Dollar General Days Inventory Historical Data

The historical data trend for Dollar General'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.

Dollar General Days Inventory Chart

Dollar General Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.12 78.65 84.69 86.78 93.07

Dollar General Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 89.93 100.69 100.47 98.70 94.18

Competitive Comparison of Dollar General's Days Inventory

For the Discount Stores subindustry, Dollar General'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.


Dollar General's Days Inventory Distribution in the Retail - Defensive Industry

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

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



Dollar General Days Inventory Calculation

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

Dollar General's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (6760.733 + 6994.266) / 2 ) / 26972.585*365
=6877.4995 / 26972.585*365
=93.07

Dollar General's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (7356.065 + 6994.266) / 2 ) / 6952.178*365 / 4
=7175.1655 / 6952.178*365 / 4
=94.18

* 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.


Dollar General  (NYSE:DG) 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.

Dollar General's Inventory Turnover for the three months ended in Jan. 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.

Dollar General's Inventory to Revenue for the three months ended in Jan. 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.


Dollar General Days Inventory Related Terms

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


Dollar General (Dollar General) Business Description

Address
100 Mission Ridge, Goodlettsville, TN, USA, 37072
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.
Executives
Carman R Wenkoff officer: EVP & Chief Information Ofc 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Roderick J West officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
David Rowland director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 06061
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Jeffery Owen officer: EVP, Store Operations C/O KIRKLAND'S, INC., 5310 MARYLAND WAY, BRENTWOOD TN 37027
Todd J Vasos officer: Div. Pres., Chief Merch. Ofc
Ana Maria Chadwick director 3001 SUMMER ST, STAMFORD CT 06926
Steven R Deckard officer: EVP, Growth & Emerging Mkts 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Kelly Dilts officer: EVP & Chief Financial Officer 6380 ROGERDALE, HOUSTON TX 77072
Timothy I Mcguire director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
John W Garratt officer: Interim CFO 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Rhonda Taylor officer: SVP & General Counsel 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Anita C Elliott officer: Senior VP & Controller 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Patricia Filikrushel director DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Antonio Zuazo officer: EVP, Global Supply Chain 100 MISSION RIDGE, GOODLETTSVILLE TN 37072

Dollar General (Dollar General) Headlines