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W.W. Grainger (W.W. Grainger) Days Inventory

: 83.64 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). W.W. Grainger's Average Total Inventories for the three months ended in Dec. 2023 was $2,231 Mil. W.W. Grainger's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,434 Mil. Hence, W.W. Grainger's Days Inventory for the three months ended in Dec. 2023 was 83.64.

The historical rank and industry rank for W.W. Grainger's Days Inventory or its related term are showing as below:

GWW' s Days Inventory Range Over the Past 10 Years
Min: 78.86   Med: 82.04   Max: 88.06
Current: 81.83

During the past 13 years, W.W. Grainger's highest Days Inventory was 88.06. The lowest was 78.86. And the median was 82.04.

GWW's Days Inventory is ranked better than
54.93% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs GWW: 81.83

W.W. Grainger's Days Inventory declined from Dec. 2022 (85.92) to Dec. 2023 (83.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. W.W. Grainger's Inventory Turnover for the three months ended in Dec. 2023 was 1.09.

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. W.W. Grainger's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.


W.W. Grainger Days Inventory Historical Data

The historical data trend for W.W. Grainger'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.

W.W. Grainger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.28 81.80 79.20 80.23 82.62

W.W. Grainger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 85.92 83.66 80.45 78.97 83.64

Competitive Comparison

For the Industrial Distribution subindustry, W.W. Grainger'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.


W.W. Grainger Days Inventory Distribution

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Days Inventory distribution charts can be found below:

* The bar in red indicates where W.W. Grainger's Days Inventory falls into.



W.W. Grainger Days Inventory Calculation

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

W.W. Grainger'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
=( (2253 + 2266) / 2 ) / 9982*365
=2259.5 / 9982*365
=82.62

W.W. Grainger'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
=( (2196 + 2266) / 2 ) / 2434*365 / 4
=2231 / 2434*365 / 4
=83.64

* 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.


W.W. Grainger  (NYSE:GWW) 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.

W.W. Grainger'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.

W.W. Grainger'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.


W.W. Grainger Days Inventory Related Terms

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


W.W. Grainger (W.W. Grainger) Business Description

Traded in Other Exchanges
Address
100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
W.W. Grainger distributes approximately 1.5 million maintenance, repair, and operating products that are sourced from over 4,500 suppliers. The company serves about 5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and network of over 300 global branches. In recent years, Grainger has invested in its e-commerce capabilities and is the 11th-largest e-retailer in North America.
Executives
Laurie R Thomson officer: VP, Controller 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Donald G Macpherson director, officer: Chairman and CEO 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Matt Fortin officer: SVP & Chief HR Officer 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
George S Davis director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Rodney C Adkins director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Katherine D. Jaspon director 130 ROYALL STREET, C/O DUNKIN' BRANDS, INC., CANTON MA 02021
Susan Slavik Williams director 4450 MACARTHUR BLVD., SECOND FLOOR, NEWPORT BEACH CA 92660
Stuart L Levenick director 100 NE ADAMS STREET, PEORIA IL 61629
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Steven Andrew White director 1 HORMEL PLACE, AUSTIN MN 55912
Beatriz R Perez director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Ernest Scott Santi director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Lucas E Watson director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Paige K Robbins officer: Sr. VP (see Remarks) 100 GRAINGER PARKWAY, LAKE FOREST IL 60045

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