Dollar General Corp. (NYSE:DG)

The annual financial data reveals notable trends and developments across key asset categories over the six-year period.

Cash and Cash Equivalents

There is a significant increase from 2019 through 2024 with a peak in 2021 at approximately 1.38 billion US dollars before a temporary dip in 2022. Cash levels rebound in the following years, reaching a record high of about 537 million US dollars in 2024, indicating improved liquidity management or possibly greater cash inflows.

Merchandise Inventories

An upward trend in inventory levels is observed consistently across the years. The inventory balance grows from roughly 4.1 billion US dollars in 2019 to nearly 7 billion in 2024. This sustained increase suggests expanded operations, stockpiling, or preparation for higher sales volumes.

Income Taxes Receivable

Income taxes receivable show a generally increasing pattern, rising from about 57.8 million US dollars in 2019 to a peak of approximately 135.8 million in 2023. There is a slight decrease in 2024, settling around 112 million US dollars, which may reflect changes in tax payments or refunds receivable.

Prepaid Expenses and Other Current Assets

This category displays a steady increase from about 273 million US dollars in 2019 to nearly 367 million in 2024, indicating growing prepaid costs or other short-term assets aligning with company growth or operational needs.

Current Assets

The total current assets exhibit an overall rising trend with some variability, starting at approximately 4.7 billion US dollars in 2019 and reaching over 8 billion by 2024. The growth fluctuates somewhat but demonstrates the company's expanding short-term asset base.

Net Property and Equipment

There is continuous and substantial growth in net property and equipment assets, increasing from around 3 billion US dollars in 2019 to more than 6 billion in 2024. This suggests ongoing investment in fixed assets and capital expenditure supporting business expansion or modernization.

Operating Lease Assets

Data for operating lease assets is available from 2020 onward, showing a steady increase year over year from approximately 8.8 billion US dollars in 2020 to nearly 11.1 billion in 2024. This points to rising lease commitments or capitalization of operating leases, potentially reflecting growth in leased property or equipment.

Goodwill

Goodwill remains constant at about 4.3 billion US dollars throughout the entire period, indicating no new significant acquisitions or impairments affecting this intangible asset.

Other Intangible Assets, Net

Other intangible assets also remain nearly unchanged, holding steady just below 1.2 billion US dollars, which implies stability in intangible asset valuation or lack of significant new intangible asset recognition.

Other Assets, Net

Other assets show moderate growth from around 31 million US dollars in 2019 to approximately 61 million in 2024, reflecting incremental increases in miscellaneous or non-classified assets.

Noncurrent Assets

Noncurrent assets nearly double from around 8.5 billion US dollars in 2019 to over 22.7 billion in 2024, underscoring substantial investment in long-term assets. The sharp increase noted between 2019 and 2020 is primarily driven by recorded operating lease assets commencing in 2020.

Total Assets

Total assets show a marked upward trend, increasing from roughly 13.2 billion US dollars in 2019 to nearly 31 billion in 2024. This growth is driven by strong asset accumulation, particularly in net property and equipment, operating lease assets, and merchandise inventories, reflecting overall corporate expansion and asset base strengthening.