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Britvic (Britvic) Days Inventory : 68.95 (As of Sep. 2023)


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What is Britvic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Britvic's Average Total Inventories for the six months ended in Sep. 2023 was $263 Mil. Britvic's Cost of Goods Sold for the six months ended in Sep. 2023 was $695 Mil. Hence, Britvic's Days Inventory for the six months ended in Sep. 2023 was 68.95.

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

BTVCY' s Days Inventory Range Over the Past 10 Years
Min: 51.87   Med: 57.15   Max: 75.7
Current: 69.65

During the past 13 years, Britvic's highest Days Inventory was 75.70. The lowest was 51.87. And the median was 57.15.

BTVCY's Days Inventory is ranked worse than
51.85% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165 vs BTVCY: 69.65

Britvic's Days Inventory increased from Sep. 2022 (66.23) to Sep. 2023 (68.95). It might indicate that Britvic's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Britvic's Inventory Turnover for the six months ended in Sep. 2023 was 2.65.

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. Britvic's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.22.


Britvic Days Inventory Historical Data

The historical data trend for Britvic'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.

Britvic Days Inventory Chart

Britvic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.67 54.27 54.78 64.34 63.88

Britvic Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 54.83 68.42 66.23 71.00 68.95

Competitive Comparison of Britvic's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Britvic'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.


Britvic's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Britvic's Days Inventory distribution charts can be found below:

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



Britvic Days Inventory Calculation

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

Britvic's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (194.79 + 259.653) / 2 ) / 1298.391*365
=227.2215 / 1298.391*365
=63.88

Britvic's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (265.534 + 259.653) / 2 ) / 695.05*365 / 2
=262.5935 / 695.05*365 / 2
=68.95

* 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.


Britvic  (OTCPK:BTVCY) 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.

Britvic's Inventory Turnover for the six months ended in Sep. 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.

Britvic's Inventory to Revenue for the six months ended in Sep. 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.


Britvic Days Inventory Related Terms

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


Britvic (Britvic) Business Description

Traded in Other Exchanges
Address
Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ
Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.

Britvic (Britvic) Headlines

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