Inventory Days Benchmark — Retail Grocery & General
How many days of inventory does a typical Retail Grocery & General business hold? This page tracks the listed companies in this segment — inventory days (DIO), the spread between the fastest and slowest quartile, and where Australian and American peers diverge, built from company filings, not survey responses.
Explore the full interactive tool, filter by segment, or enter your own numbers →Across 15 listed Retail Grocery & General companies reporting in 2024, the median inventory position was 32.3 days of cost of goods sold sitting in stock. The fastest quarter of the panel held 29.0 days or fewer; the slowest quarter held 74.0 days or more.
By listing venue
Published separately because the two panels aren't measuring the same thing until a venue clears a minimum of four reporting peers — below that, a "median" is an anecdote, not a benchmark.
The named companies
Each row is that company's own latest reported fiscal year — not all companies report on the same calendar, so years vary by row.
| Company | Exchange | Latest FY | Inventory days | Trend | Source |
|---|---|---|---|---|---|
| Myer Holdings MYR | ASX | 2024 (31 Jul 2024) | 93.1 days | ASX filing | |
| Dollar General DG | US | 2025 (30 Jan 2026) | 80.4 days | 10-K (SEC EDGAR) | |
| Dollar Tree DLTR | US | 2025 (31 Jan 2026) | 76.4 days | 10-K (SEC EDGAR) | |
| Wesfarmers WES | ASX | 2024 (30 Jun 2025) | 74.0 days | ASX filing | |
| Endeavour Group EDV | ASX | 2024 (30 Jun 2025) | 68.5 days | ASX filing | |
| Target TGT | US | 2025 (31 Jan 2026) | 60.5 days | 10-K (SEC EDGAR) | |
| Walmart WMT | US | 2025 (31 Jan 2026) | 39.3 days | 10-K (SEC EDGAR) | |
| BJ's Wholesale Club BJ | US | 2025 (31 Jan 2026) | 32.0 days | 10-K (SEC EDGAR) | |
| Albertsons ACI | US | 2025 (28 Feb 2026) | 30.6 days | 10-K (SEC EDGAR) | |
| Coles Group COL | ASX | 2024 (30 Jun 2025) | 30.4 days | ASX filing | |
| Woolworths Group WOW | ASX | 2024 (30 Jun 2025) | 30.3 days | ASX filing | |
| Costco COST | US | 2025 (31 Aug 2025) | 28.0 days | 10-K (SEC EDGAR) | |
| Sprouts Farmers Market SFM | US | 2025 (28 Dec 2025) | 26.1 days | 10-K (SEC EDGAR) | |
| Kroger KR | US | 2025 (31 Jan 2026) | 22.4 days | 10-K (SEC EDGAR) | |
| Casey's General Stores CASY | US | 2025 (30 Apr 2026) | 14.3 days | 10-K (SEC EDGAR) |
What this means
Supermarkets turn stock in about a month by design — perishables and high-velocity packaged goods don't sit on shelves. Woolworths Group and Coles Group, the two actual supermarkets in the ASX panel, run within a few days of the US grocery median. But this segment's ASX median is pulled well above that by three companies that aren't supermarkets in the way the segment label implies: Endeavour Group (liquor retailing through Dan Murphy's and BWS), Wesfarmers (a diversified conglomerate whose retail arm spans Bunnings and Kmart) and Myer Holdings (department stores). Read the ASX figure for this segment with that composition in mind — it describes five listed companies loosely grouped under "grocery & general", not Australian supermarkets specifically, and it should not be read as "Australian grocery holds more stock than American grocery."
How this is calculated
Inventory days (DIO) is calculated as 365 × average inventory ÷ COGS, with the balance averaged against the prior year where one exists so a single year-end stock date can't distort the figure. US figures come from each company's own 10-K, pulled from the SEC's XBRL company-facts API. Australian figures come from each company's statutory accounts as rendered by Yahoo Finance, linking through to the company's ASX page — a weaker chain of custody than the US half, one step removed from the primary filing rather than pulled from it directly. Australian coverage runs three benchmark years (2022–2024) against eight for the US, because only a handful of fiscal years of ASX data are obtainable this way.
If your inventory days sit in the top quartile, that gap is cash.
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