Sendas Distribuidora (Sendas Distribuidora) Inventory Turnover : 2.16 (As of Mar. 2024)

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What is Sendas Distribuidora 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. Sendas Distribuidora's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,896 Mil. Sendas Distribuidora's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,341 Mil. Sendas Distribuidora's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sendas Distribuidora's Days Inventory for the three months ended in Mar. 2024 was 42.25.

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. Sendas Distribuidora's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.39.

Sendas Distribuidora Inventory Turnover Historical Data

The historical data trend for Sendas Distribuidora'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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Sendas Distribuidora Inventory Turnover Chart

Sendas Distribuidora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.18

5.88

8.19

8.65

8.77

Sendas Distribuidora Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.99	2.19	2.18	2.32	2.16

Sendas Distribuidora Inventory Turnover Calculation

Sendas Distribuidora's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	11364.138	/ (	(1232.89	+	1360.056)	/	2 )
=	11364.138	/	1296.473
=	8.77

Sendas Distribuidora's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2895.699	/ (	(1360.056	+	1321.137)	/	2 )
=	2895.699	/	1340.5965
=	2.16

Sendas Distribuidora (NYSE:ASAI) 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.

Sendas Distribuidora's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1340.5965	/	2895.699	*	365 / 4
	=	42.25

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.

Sendas Distribuidora's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1340.5965	/	3458.372
	=	0.39

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.

Sendas Distribuidora Inventory Turnover Related Terms

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Sendas Distribuidora (Sendas Distribuidora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (NYSE:ASAI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ASAI:Mexico ASAI3:Brazil

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.

Sendas Distribuidora (Sendas Distribuidora) Headlines

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