The historical rank and industry rank for Crimson Wine Group's Days Inventory or its related term are showing as below:
CWGL'
s Days Inventory Range Over the Past 10 Years
Min: 459.03 Med: 627.5 Max: 811.58
Current: 504.7
During the past 13 years, Crimson Wine Group's highest Days Inventory was 811.58. The lowest was 459.03. And the median was 627.50.
CWGL's Days Inventory is ranked worse than 77.94% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 160.075
vs CWGL: 504.70
Crimson Wine Group's Days Inventory
increased
from Dec. 2022 (436.00) to Dec. 2023 (440.51).
It might indicate that Crimson Wine Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Crimson Wine Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.21.
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.
Crimson Wine Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.64.
Crimson Wine Group Days Inventory Historical Data
The historical data trend for Crimson Wine Group'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.
Competitive Comparison of Crimson Wine Group's Days Inventory
For the Beverages - Wineries & Distilleries subindustry, Crimson Wine Group'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.
Crimson Wine Group's Days Inventory Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Crimson Wine Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Crimson Wine Group's Days Inventory falls into.
Crimson Wine Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Crimson Wine Group's Days Inventory for the fiscal year that 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.
Crimson Wine Group (OTCPK:CWGL) 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.
Crimson Wine Group's Inventory Turnover for the
three
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.
Crimson Wine Group's Inventory to Revenue for the
three
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.
Crimson Wine Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Crimson Wine Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Crimson Wine Group (Crimson Wine Group) Business Description
Crimson Wine Group Ltd is engaged in the business of producing and selling luxury wines. Its operating segments are Wholesale net sales and Direct to Consumer net sales. It generates revenues from sales of wine to wholesalers and directs to consumers, sales of bulk wine and grapes, custom winemaking services, special event fees, tasting fees, and retail sales. The company's wineries include wine brands of Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines.
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