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Acomo NV (Acomo NV) Days Inventory : 114.46 (As of Dec. 2023)


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What is Acomo NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Acomo NV's Average Total Inventories for the six months ended in Dec. 2023 was $347 Mil. Acomo NV's Cost of Goods Sold for the six months ended in Dec. 2023 was $554 Mil. Hence, Acomo NV's Days Inventory for the six months ended in Dec. 2023 was 114.46.

The historical rank and industry rank for Acomo NV's Days Inventory or its related term are showing as below:

ACNFF' s Days Inventory Range Over the Past 10 Years
Min: 85.9   Med: 104.14   Max: 121.13
Current: 114.34

During the past 13 years, Acomo NV's highest Days Inventory was 121.13. The lowest was 85.90. And the median was 104.14.

ACNFF's Days Inventory is ranked worse than
90.76% of 303 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs ACNFF: 114.34

Acomo NV's Days Inventory declined from Dec. 2022 (120.65) to Dec. 2023 (114.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Acomo NV's Inventory Turnover for the six months ended in Dec. 2023 was 1.59.

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. Acomo NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.53.


Acomo NV Days Inventory Historical Data

The historical data trend for Acomo NV'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.

Acomo NV Days Inventory Chart

Acomo NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.93 117.49 114.34 118.48 114.66

Acomo NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 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 116.69 127.25 120.65 110.53 114.46

Competitive Comparison of Acomo NV's Days Inventory

For the Food Distribution subindustry, Acomo NV'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.


Acomo NV's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Acomo NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Acomo NV's Days Inventory falls into.



Acomo NV Days Inventory Calculation

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

Acomo NV'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
=( (407.193 + 339.027) / 2 ) / 1187.755*365
=373.11 / 1187.755*365
=114.66

Acomo NV'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (355.655 + 339.027) / 2 ) / 553.838*365 / 2
=347.341 / 553.838*365 / 2
=114.46

* 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.


Acomo NV  (OTCPK:ACNFF) 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.

Acomo NV's Inventory Turnover for the six 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.

Acomo NV's Inventory to Revenue for the six 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.


Acomo NV Days Inventory Related Terms

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


Acomo NV (Acomo NV) Business Description

Traded in Other Exchanges
Address
WTC, Beursplein 37, 21st Floor, Rotterdam, ZH, NLD, 3011 AA
Acomo NV is a holding company of an international group of companies. It is involved in the business of sourcing, processing, trading, packaging, and distribution of conventional and organic food ingredients and solutions for the food and beverage industry. It operates in five segments: Spices and Nuts, Edible seeds, Tea, Food ingredients, and Organic Ingredients.

Acomo NV (Acomo NV) Headlines