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Lifeway Foods (Lifeway Foods) Days Inventory

: 27.74 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Lifeway Foods's Average Total Inventories for the three months ended in Dec. 2023 was $9.2 Mil. Lifeway Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was $30.3 Mil. Hence, Lifeway Foods's Days Inventory for the three months ended in Dec. 2023 was 27.74.

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

LWAY' s Days Inventory Range Over the Past 10 Years
Min: 25.75   Med: 30.95   Max: 32.57
Current: 29.17

During the past 13 years, Lifeway Foods's highest Days Inventory was 32.57. The lowest was 25.75. And the median was 30.95.

LWAY's Days Inventory is ranked better than
90.09% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs LWAY: 29.17

Lifeway Foods's Days Inventory declined from Dec. 2022 (30.76) to Dec. 2023 (27.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifeway Foods's Inventory Turnover for the three months ended in Dec. 2023 was 3.29.

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. Lifeway Foods's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.


Lifeway Foods Days Inventory Historical Data

The historical data trend for Lifeway Foods'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.

Lifeway Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.16 32.38 30.73 28.49 29.05

Lifeway Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 30.76 29.09 30.95 29.12 27.74

Competitive Comparison

For the Packaged Foods subindustry, Lifeway Foods'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.


Lifeway Foods Days Inventory Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lifeway Foods's Days Inventory distribution charts can be found below:

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



Lifeway Foods Days Inventory Calculation

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

Lifeway Foods'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
=( (9.631 + 9.104) / 2 ) / 117.682*365
=9.3675 / 117.682*365
=29.05

Lifeway Foods'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (9.321 + 9.104) / 2 ) / 30.301*365 / 4
=9.2125 / 30.301*365 / 4
=27.74

* 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.


Lifeway Foods  (NAS:LWAY) 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.

Lifeway Foods'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.

Lifeway Foods'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.


Lifeway Foods Days Inventory Related Terms

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


Lifeway Foods (Lifeway Foods) Business Description

Traded in Other Exchanges
Address
6431 West Oakton Street, Morton Grove, IL, USA, 60053
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.
Executives
Edward Smolyansky officer: CFO, Treasurer
Julie Smolyansky director, officer: President and CEO
Ludmila Smolyansky director, 10 percent owner
Juan Carlos Dalto director 3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Perfecto Sanchez director 153 DIEHL ROAD, CALLICOON NY 12723
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Jody Levy director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
George Sent director C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Amy M. Feldman officer: SENIOR EXECUTIVE VP OF SALES C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Neha J Clark officer: Chief Financial Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Eric A Hanson officer: Chief Accounting Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Laurent Marcel director C/O DANONE NA, 1 MAPLE AVE, WHITE PLAINS NY 10605
Douglas Hass officer: Gen Counsel & Asst Corp Sec. 1205 KIMBALL BLVD., JASPER IN 47546
Jennifer Reilly officer: Sr Exec V. President of Sales 6431 W. OAKTON STREET, MORTON GROVE IL 60053
John P Waldron officer: Chief Financial officer LIFEWAY FOODS, INC., 6431 W. OAKTON STREET, MORTON GROVE IL 60053