In U.S. dollars, how much inventory is in one WalMart store at any given time?
Retail or wholesale price is fine.
In U.S. dollars, how much inventory is in one WalMart store at any given time?
Retail or wholesale price is fine.
Dunno about a Walmart but I can extrapolate from where I work. Assuming roughtly the same average density of product in $/sq ft, about $30-40 million@retail. Thats a lowball estimate. When you are talking about places that do $100K+ per day they have ALOT of stock onhand. Product density is also a large factor, the pharmacy could easily have millions in just about 1,000 sq ft. Things like garden centers much lower maybe $200K in 5,000-6000 sq ft.
Christmas is a whole nuther nightmare. I don’t know enough about multi-department retail product flow models for much of a good guess on overstock for holiday shopping but it would not shock me to hear its over double that amount.
According to Wal-Mart’s 2002 Annual Report the 4,414 stores worldwide held inventories worth $22,749,000,000. That works out about $5,000,000 per store but probably more for big US stores. Back in 1996 the figure was about $5,500,000.
Target’s Annual Report reveals that they have 161,000,000 square feet of retail space and inventory of $4,449,000,000 or stock on hand worth $27.63 per square foot. They had 1381 stores for an average inventory of $3,221,578.
Annual report’s do not (and REALLY should not - shades of Worldcom!) value inventory at retail. Just how one values retail inventory for tax, regulatory, and investor-relations is rather complex.
Quite true, in both instances the stock is valued at replacement cost.