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Colabor Group (FRA:6LW) Days Inventory : 42.14 (As of Mar. 2024)


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What is Colabor Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Colabor Group's Average Total Inventories for the three months ended in Mar. 2024 was €33.5 Mil. Colabor Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €72.5 Mil. Hence, Colabor Group's Days Inventory for the three months ended in Mar. 2024 was 42.14.

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

FRA:6LW' s Days Inventory Range Over the Past 10 Years
Min: 22.52   Med: 31.31   Max: 48.89
Current: 34.34

During the past 13 years, Colabor Group's highest Days Inventory was 48.89. The lowest was 22.52. And the median was 31.31.

FRA:6LW's Days Inventory is ranked better than
52.49% of 301 companies
in the Retail - Defensive industry
Industry Median: 35.95 vs FRA:6LW: 34.34

Colabor Group's Days Inventory increased from Mar. 2023 (41.78) to Mar. 2024 (42.14). It might indicate that Colabor Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Colabor Group's Inventory Turnover for the three months ended in Mar. 2024 was 2.17.

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. Colabor Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.38.


Colabor Group Days Inventory Historical Data

The historical data trend for Colabor 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.

Colabor Group Days Inventory Chart

Colabor Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.29 50.98 32.84 32.42 32.87

Colabor Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.78 35.31 33.93 28.45 42.14

Competitive Comparison of Colabor Group's Days Inventory

For the Food Distribution subindustry, Colabor 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.


Colabor Group's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Colabor Group's Days Inventory distribution charts can be found below:

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



Colabor Group Days Inventory Calculation

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

Colabor 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
=( (31.328 + 34.675) / 2 ) / 366.428*365
=33.0015 / 366.428*365
=32.87

Colabor Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (34.675 + 32.252) / 2 ) / 72.468*365 / 4
=33.4635 / 72.468*365 / 4
=42.14

* 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.


Colabor Group  (FRA:6LW) 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.

Colabor Group's Inventory Turnover for the three months ended in Mar. 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.

Colabor Group's Inventory to Revenue for the three months ended in Mar. 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.


Colabor Group Days Inventory Related Terms

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


Colabor Group (FRA:6LW) Business Description

Traded in Other Exchanges
Address
1620 De Montarville Boulevard, Boucherville, QC, CAN, J4B 8P4
Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and the Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants, and institutions (HRI) and the retail market. Its products such as meat, fish, and seafood (Specialty Distribution), as well as general food-related products (Broadline Distribution), and the Wholesale segment's operations, include the sale of general food-related products to distributors from its distribution center in Boucherville. The company generates maximum revenue from the Distribution segment.

Colabor Group (FRA:6LW) Headlines

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