Colruyt Group NV (Colruyt Group NV) Inventory Turnover : 4.87 (As of Sep. 2023)

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What is Colruyt Group NV Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Colruyt Group NV's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,125 Mil. Colruyt Group NV's Average Total Inventories for the quarter that ended in Sep. 2023 was $847 Mil. Colruyt Group NV's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Colruyt Group NV's Days Inventory for the six months ended in Sep. 2023 was 37.47.

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. Colruyt Group NV's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.14.

Colruyt Group NV Inventory Turnover Historical Data

The historical data trend for Colruyt Group NV's Inventory Turnover 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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Colruyt Group NV Inventory Turnover Chart

Colruyt Group NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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10.90

11.01

10.80

8.12

8.50

Colruyt Group NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															4.91	3.62	3.85	4.53	4.87

Colruyt Group NV Inventory Turnover Calculation

Colruyt Group NV's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	7574.09	/ (	(898.238	+	884.904)	/	2 )
=	7574.09	/	891.571
=	8.50

Colruyt Group NV's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	4124.867	/ (	(884.904	+	808.965)	/	2 )
=	4124.867	/	846.9345
=	4.87

Colruyt Group NV (OTCPK:CUYTY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Colruyt Group NV's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	846.9345	/	4124.867	*	365 / 2
	=	37.47

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.

Colruyt Group NV's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	846.9345	/	5850.374
	=	0.14

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Colruyt Group NV Inventory Turnover Related Terms

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Colruyt Group NV (Colruyt Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CUYTF:USA 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

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