What is Rocky Mountain Chocolate Factory Days Inventory?
Days Inventory is also known as Days Sales of Inventory (DSI). Rocky Mountain Chocolate Factory's Average Total Inventories for the
three
months ended in Nov. 2023 was $3.45 Mil. Rocky Mountain Chocolate Factory's Cost of Goods Sold for the
three
months ended in Nov. 2023 was $6.35 Mil.
Hence, Rocky Mountain Chocolate Factory's Days Inventory for the
three
months ended in Nov. 2023 was 49.64.
The historical rank and industry rank for Rocky Mountain Chocolate Factory's Days Inventory or its related term are showing as below:
RMCF'
s Days Inventory Range Over the Past 10 Years
Min: 59.63 Med: 74 Max: 82.71
Current: 59.63
During the past 13 years, Rocky Mountain Chocolate Factory's highest Days Inventory was 82.71. The lowest was 59.63. And the median was 74.00.
RMCF's Days Inventory is ranked better than 67.66% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.23
vs RMCF: 59.63
Rocky Mountain Chocolate Factory's Days Inventory
declined
from Nov. 2022 (92.85) to Nov. 2023 (49.64).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Rocky Mountain Chocolate Factory's Inventory Turnover for the
three
months ended in Nov. 2023 was 1.84.
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.
Rocky Mountain Chocolate Factory's Inventory-to-Revenue for the
three
months ended in Nov. 2023 was 0.45.
Rocky Mountain Chocolate Factory Days Inventory Historical Data
The historical data trend for Rocky Mountain Chocolate Factory'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.
Rocky Mountain Chocolate Factory Days Inventory Chart
Competitive Comparison of Rocky Mountain Chocolate Factory's Days Inventory
For the Confectioners subindustry, Rocky Mountain Chocolate Factory'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.
Rocky Mountain Chocolate Factory's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Rocky Mountain Chocolate Factory's Days Inventory distribution charts can be found below:
* The bar in red indicates where Rocky Mountain Chocolate Factory's Days Inventory falls into.
Rocky Mountain Chocolate Factory Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rocky Mountain Chocolate Factory's Days Inventory for the fiscal year that ended in Feb. 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.
Rocky Mountain Chocolate Factory (NAS:RMCF) 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.
Rocky Mountain Chocolate Factory's Inventory Turnover for the
three
months ended in Nov. 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.
Rocky Mountain Chocolate Factory's Inventory to Revenue for the
three
months ended in Nov. 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.
Rocky Mountain Chocolate Factory Days Inventory Related Terms
Thank you for viewing the detailed overview of Rocky Mountain Chocolate Factory's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Rocky Mountain Chocolate Factory (Rocky Mountain Chocolate Factory) Business Description
Rocky Mountain Chocolate Factory Inc operates as a manufacturer of chocolate candies and confectionery products. The business activity of the firm functions through Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other segments. Its products include varieties of Clusters, Caramels, Creams, Toffees, Mints, and Truffles. Geographically, the company and its subsidiaries have stores in Canada, South Korea, Panama, the Philippines, Qatar, and other countries.
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