Reckitt Benckiser Group (Reckitt Benckiser Group) Days Inventory

: 106.33 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Reckitt Benckiser Group's Average Total Inventories for the six months ended in Dec. 2023 was $2,083 Mil. Reckitt Benckiser Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,576 Mil. Hence, Reckitt Benckiser Group's Days Inventory for the six months ended in Dec. 2023 was 106.33.

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

RBGLY' s Days Inventory Range Over the Past 10 Years
Min: 71.73 Med: 92.19 Max: 108.06
Current: 106.56

During the past 13 years, Reckitt Benckiser Group's highest Days Inventory was 108.06. The lowest was 71.73. And the median was 92.19.

RBGLY's Days Inventory is ranked worse than
63.58% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs RBGLY: 106.56

Reckitt Benckiser Group's Days Inventory increased from Dec. 2022 (103.71) to Dec. 2023 (106.33). It might indicate that Reckitt Benckiser Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reckitt Benckiser Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.72.

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. Reckitt Benckiser Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.23.

Reckitt Benckiser Group Days Inventory Historical Data

The historical data trend for Reckitt Benckiser 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.

* Premium members only.

Reckitt Benckiser Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

91.70

94.35

100.74

102.39

105.91

Reckitt Benckiser Group 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																99.20	106.69	103.71	103.25	106.33

Competitive Comparison

For the Household & Personal Products subindustry, Reckitt Benckiser 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.

Reckitt Benckiser Group Days Inventory Distribution

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

* The bar in red indicates where Reckitt Benckiser Group's Days Inventory falls into.

Reckitt Benckiser Group Days Inventory Calculation

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

Reckitt Benckiser Group'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
=	( (2222.899	+	2072.152)	/	2 )	/	7401.265	*	365
=	2147.5255					/	7401.265	*	365
=	105.91

Reckitt Benckiser Group'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
=	( (2094.697	+	2072.152)	/	2 )	/	3575.949	*	365 / 2
=	2083.4245					/	3575.949	*	365 / 2
=	106.33

Reckitt Benckiser Group (OTCPK:RBGLY) 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.

Reckitt Benckiser Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3575.949	/	2083.4245
	=	1.72

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.

Reckitt Benckiser Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2083.4245	/	9064.557
	=	0.23

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.

Reckitt Benckiser Group Days Inventory Related Terms

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Reckitt Benckiser Group (Reckitt Benckiser Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Reckitt Benckiser Group PLC (OTCPK:RBGLY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RBGPF:USA RB:Mexico RKTl:UK RKT:UK 3RB:Germany

Address

103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website

https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.