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Jeronimo Martins SGPS (XLIS:JMT) Days Inventory : 23.43 (As of Dec. 2023)


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What is Jeronimo Martins SGPS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jeronimo Martins SGPS's Average Total Inventories for the three months ended in Dec. 2023 was €1,671 Mil. Jeronimo Martins SGPS's Cost of Goods Sold for the three months ended in Dec. 2023 was €6,507 Mil. Hence, Jeronimo Martins SGPS's Days Inventory for the three months ended in Dec. 2023 was 23.43.

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

XLIS:JMT' s Days Inventory Range Over the Past 10 Years
Min: 20.48   Med: 23.58   Max: 25.3
Current: 24.36

During the past 13 years, Jeronimo Martins SGPS's highest Days Inventory was 25.30. The lowest was 20.48. And the median was 23.58.

XLIS:JMT's Days Inventory is ranked better than
67.66% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs XLIS:JMT: 24.36

Jeronimo Martins SGPS's Days Inventory declined from Dec. 2022 (23.47) to Dec. 2023 (23.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jeronimo Martins SGPS's Inventory Turnover for the three months ended in Dec. 2023 was 3.89.

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. Jeronimo Martins SGPS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.


Jeronimo Martins SGPS Days Inventory Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Days Inventory Chart

Jeronimo Martins SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.30 24.52 23.31 23.84 24.83

Jeronimo Martins SGPS Quarterly Data
Mar19 Jun19 Sep19 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 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 23.47 26.37 24.32 23.17 23.43

Competitive Comparison of Jeronimo Martins SGPS's Days Inventory

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Days Inventory Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Jeronimo Martins SGPS's Days Inventory falls into.



Jeronimo Martins SGPS Days Inventory Calculation

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

Jeronimo Martins SGPS'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
=( (1505 + 1809) / 2 ) / 24357*365
=1657 / 24357*365
=24.83

Jeronimo Martins SGPS'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
=( (1533 + 1809) / 2 ) / 6507*365 / 4
=1671 / 6507*365 / 4
=23.43

* 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.


Jeronimo Martins SGPS  (XLIS:JMT) 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.

Jeronimo Martins SGPS's Inventory Turnover for the three months ended in Dec. 2023 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.

Jeronimo Martins SGPS's Inventory to Revenue for the three months ended in Dec. 2023 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.


Jeronimo Martins SGPS Days Inventory Related Terms

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Jeronimo Martins SGPS (XLIS:JMT) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (XLIS:JMT) Headlines