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CENTR Brands (FRA:303) Days Inventory : 2,322.73 (As of Feb. 2024)


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What is CENTR Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CENTR Brands's Average Total Inventories for the three months ended in Feb. 2024 was €0.56 Mil. CENTR Brands's Cost of Goods Sold for the three months ended in Feb. 2024 was €0.02 Mil. Hence, CENTR Brands's Days Inventory for the three months ended in Feb. 2024 was 2,322.73.

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

FRA:303' s Days Inventory Range Over the Past 10 Years
Min: 217.51   Med: 298.64   Max: 428.73
Current: 376.67

During the past 13 years, CENTR Brands's highest Days Inventory was 428.73. The lowest was 217.51. And the median was 298.64.

FRA:303's Days Inventory is ranked worse than
89.68% of 969 companies
in the Drug Manufacturers industry
Industry Median: 158.38 vs FRA:303: 376.67

CENTR Brands's Days Inventory increased from Nov. 2022 (212.96) to Feb. 2024 (2,322.73). It might indicate that CENTR Brands's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. CENTR Brands's Inventory Turnover for the three months ended in Feb. 2024 was 0.04.

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. CENTR Brands's Inventory-to-Revenue for the three months ended in Feb. 2024 was 26.67.


CENTR Brands Days Inventory Historical Data

The historical data trend for CENTR Brands'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.

CENTR Brands Days Inventory Chart

CENTR Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 306.05 425.23 279.44 228.64

CENTR Brands Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
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 212.96 445.76 136.58 256.47 2,322.73

Competitive Comparison of CENTR Brands's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, CENTR Brands'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.


CENTR Brands's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CENTR Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where CENTR Brands's Days Inventory falls into.



CENTR Brands Days Inventory Calculation

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

CENTR Brands's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (0.993 + 0.553) / 2 ) / 1.234*365
=0.773 / 1.234*365
=228.64

CENTR Brands's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.56 + 0) / 1 ) / 0.022*365 / 4
=0.56 / 0.022*365 / 4
=2,322.73

* 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.


CENTR Brands  (FRA:303) 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.

CENTR Brands's Inventory Turnover for the three months ended in Feb. 2024 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.

CENTR Brands's Inventory to Revenue for the three months ended in Feb. 2024 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.


CENTR Brands Days Inventory Related Terms

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


CENTR Brands (FRA:303) Business Description

Traded in Other Exchanges
Address
2318 Oak Street, Suite 100, Vancouver, BC, CAN, V6H 4J1
CENTR Brands Corp is a Canada-based company involved in the development and marketing of beverages infused with hemp-derived extracts and derivatives. It is focused on the creation and launch of the brand for the cannabidiol (CBD) infused beverage industry. The company's first product, CENTR, is a sparkling, low-calorie, CBD beverage.

CENTR Brands (FRA:303) Headlines

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