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Endeavour Group (ASX:EDV) Days Inventory : 66.83 (As of Dec. 2023)


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What is Endeavour Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Endeavour Group's Average Total Inventories for the six months ended in Dec. 2023 was A$1,602 Mil. Endeavour Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4,375 Mil. Hence, Endeavour Group's Days Inventory for the six months ended in Dec. 2023 was 66.83.

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

ASX:EDV' s Days Inventory Range Over the Past 10 Years
Min: 55.85   Med: 57.63   Max: 73.9
Current: 73.9

During the past 3 years, Endeavour Group's highest Days Inventory was 73.90. The lowest was 55.85. And the median was 57.63.

ASX:EDV's Days Inventory is ranked better than
77.29% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs ASX:EDV: 73.90

Endeavour Group's Days Inventory increased from Dec. 2022 (61.58) to Dec. 2023 (66.83). It might indicate that Endeavour Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Endeavour Group's Inventory Turnover for the six months ended in Dec. 2023 was 2.73.

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. Endeavour Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.24.


Endeavour Group Days Inventory Historical Data

The historical data trend for Endeavour Group'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.

Endeavour Group Days Inventory Chart

Endeavour Group Annual Data
Trend Jun21 Jun22 Jun23
Days Inventory
55.85 57.63 65.23

Endeavour Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 52.64 68.04 61.58 80.14 66.83

Competitive Comparison of Endeavour Group's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Endeavour Group'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.


Endeavour Group's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Endeavour Group's Days Inventory distribution charts can be found below:

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



Endeavour Group Days Inventory Calculation

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

Endeavour Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (1303 + 1508) / 2 ) / 7864*365
=1405.5 / 7864*365
=65.23

Endeavour Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1508 + 1696) / 2 ) / 4375*365 / 2
=1602 / 4375*365 / 2
=66.83

* 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.


Endeavour Group  (ASX:EDV) 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.

Endeavour Group's Inventory Turnover for the six 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.

Endeavour Group's Inventory to Revenue for the six 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.


Endeavour Group Days Inventory Related Terms

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


Endeavour Group (ASX:EDV) Business Description

Traded in Other Exchanges
Address
26 Waterloo Street, Surry Hills, NSW, AUS, 2010
Endeavour Group Ltd is an investment in wide-moat-rated Endeavour Group provides investors with exposure to one of the well-entrenched dividend-paying businesses in the Australian retail landscape. Following decades of enduring organic growth through store rollouts, Endeavour's off-premises retail segment—with more than 1,600 retail outlets mainly across its Dan Murphy's and BWS brands—accounts for approximately half of all off-premises retail liquor sales within Australia. Endeavour's immense scale in the off-premises retail segment is unrivaled within Australia. Indeed, Endeavour's sales are almost three times larger than its nearest retail competitor, Coles.

Endeavour Group (ASX:EDV) Headlines

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