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The Original Juice Co (ASX:OJC) Days Inventory : 41.36 (As of Dec. 2023)


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What is The Original Juice Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Original Juice Co's Average Total Inventories for the six months ended in Dec. 2023 was A$3.85 Mil. The Original Juice Co's Cost of Goods Sold for the six months ended in Dec. 2023 was A$16.97 Mil. Hence, The Original Juice Co's Days Inventory for the six months ended in Dec. 2023 was 41.36.

The historical rank and industry rank for The Original Juice Co's Days Inventory or its related term are showing as below:

ASX:OJC' s Days Inventory Range Over the Past 10 Years
Min: 37.43   Med: 49.4   Max: 83.19
Current: 46.32

During the past 12 years, The Original Juice Co's highest Days Inventory was 83.19. The lowest was 37.43. And the median was 49.40.

ASX:OJC's Days Inventory is ranked better than
78.62% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs ASX:OJC: 46.32

The Original Juice Co's Days Inventory declined from Dec. 2022 (60.40) to Dec. 2023 (41.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Original Juice Co's Inventory Turnover for the six months ended in Dec. 2023 was 4.41.

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 Original Juice Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.17.


The Original Juice Co Days Inventory Historical Data

The historical data trend for The Original Juice 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.

* Premium members only.

The Original Juice Co Days Inventory Chart

The Original Juice Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.90 37.43 47.55 50.04 44.23

The Original Juice Co 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 Get a 7-Day Free Trial 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 61.98 63.49 60.40 47.65 41.36

Competitive Comparison of The Original Juice Co's Days Inventory

For the Packaged Foods subindustry, The Original Juice 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 Original Juice Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Original Juice Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Original Juice Co's Days Inventory falls into.



The Original Juice Co Days Inventory Calculation

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

The Original Juice Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (3.718 + 3.61) / 2 ) / 30.234*365
=3.664 / 30.234*365
=44.23

The Original Juice Co'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
=( (3.61 + 4.082) / 2 ) / 16.97*365 / 2
=3.846 / 16.97*365 / 2
=41.36

* 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 Original Juice Co  (ASX:OJC) 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 Original Juice 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 Original Juice 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 Original Juice Co Days Inventory Related Terms

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


The Original Juice Co (ASX:OJC) Business Description

Traded in Other Exchanges
N/A
Address
20 Heaths Court, Mill Park, VIC, AUS, 3082
The Original Juice Co Ltd is an Australian beverage and wellness supplement company, specialising in the development of innovative health focused products for retail in Australia and Asia.

The Original Juice Co (ASX:OJC) Headlines

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