Clicks Group (JSE:CLS) Days Inventory : 76.08 (As of Feb. 2024)

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What is Clicks Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clicks Group's Average Total Inventories for the six months ended in Feb. 2024 was R6,943 Mil. Clicks Group's Cost of Goods Sold for the six months ended in Feb. 2024 was R16,657 Mil. Hence, Clicks Group's Days Inventory for the six months ended in Feb. 2024 was 76.08.

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

JSE:CLS' s Days Inventory Range Over the Past 10 Years
Min: 58.78 Med: 63.8 Max: 74.89
Current: 74.89

During the past 13 years, Clicks Group's highest Days Inventory was 74.89. The lowest was 58.78. And the median was 63.80.

JSE:CLS's Days Inventory is ranked worse than
75.53% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.7 vs JSE:CLS: 74.89

Clicks Group's Days Inventory increased from Feb. 2023 (75.53) to Feb. 2024 (76.08). It might indicate that Clicks Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clicks Group's Inventory Turnover for the six months ended in Feb. 2024 was 2.40.

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. Clicks Group's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.32.

Clicks Group Days Inventory Historical Data

The historical data trend for Clicks 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.

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Clicks Group Days Inventory Chart

Clicks Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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66.31

65.53

62.95

68.03

70.46

Clicks Group 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															70.12	72.91	75.53	70.72	76.08

Competitive Comparison of Clicks Group's Days Inventory

For the Pharmaceutical Retailers subindustry, Clicks 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.

Clicks Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clicks Group's Days Inventory distribution charts can be found below:

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

Clicks Group Days Inventory Calculation

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

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

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (6164.453	+	6309.809)	/	2 )	/	32307.83	*	365
=	6237.131					/	32307.83	*	365
=	70.46

Clicks Group's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (6309.809	+	7576.991)	/	2 )	/	16656.816	*	365 / 2
=	6943.4					/	16656.816	*	365 / 2
=	76.08

Clicks Group (JSE:CLS) 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.

Clicks Group's Inventory Turnover for the six months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16656.816	/	6943.4
	=	2.40

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.

Clicks Group's Inventory to Revenue for the six months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6943.4	/	21804.067
	=	0.32

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.

Clicks Group Days Inventory Related Terms

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

Clicks Group (JSE:CLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clicks Group Ltd (JSE:CLS) » Definitions » Days Inventory

Comparable Companies

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CLCGY:USA

Address

Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001

Website

https://www.clicksgroup.co.za

Clicks Group Ltd operates pharmaceutical health and beauty retail stores. The company primarily operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company targets middle- to upper-income consumers. Clicks' business strategy focuses on consistent product sourcing, product development, and measured store expansion. The company has a portfolio of retail franchise brands including The Body Shop, GNC, and claire's. Clicks uses United Pharmaceutical Distributors' capabilities for the groups' integrated channel to the healthcare market.