The historical rank and industry rank for The a2 Milk Co's Days Inventory or its related term are showing as below:
ACOPF'
s Days Inventory Range Over the Past 10 Years
Min: 16.13 Med: 52.81 Max: 80.16
Current: 80.16
During the past 13 years, The a2 Milk Co's highest Days Inventory was 80.16. The lowest was 16.13. And the median was 52.81.
ACOPF's Days Inventory is ranked better than 51.15% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 82.1
vs ACOPF: 80.16
The a2 Milk Co's Days Inventory
increased
from Dec. 2022 (71.66) to Dec. 2023 (81.75).
It might indicate that The a2 Milk Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The a2 Milk Co's Inventory Turnover for the
six
months ended in Dec. 2023 was 2.23.
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.
The a2 Milk Co's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.24.
The a2 Milk Co Days Inventory Historical Data
The historical data trend for The a2 Milk Co'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 The a2 Milk Co's Days Inventory
For the Packaged Foods subindustry, The a2 Milk Co'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.
The a2 Milk Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The a2 Milk Co's Days Inventory falls into.
The a2 Milk Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The a2 Milk Co's Days Inventory for the fiscal year that ended in Jun. 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.
The a2 Milk Co (OTCPK:ACOPF) 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.
The a2 Milk Co's Inventory Turnover for the
six
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.
The a2 Milk Co's Inventory to Revenue for the
six
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.
The a2 Milk Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The a2 Milk Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The a2 Milk Co (The a2 Milk Co) Business Description
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
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