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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Days Inventory : 21.98 (As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Schwalbchen Molkerei Jakob Berz AG's Average Total Inventories for the six months ended in Dec. 2023 was €10.0 Mil. Schwalbchen Molkerei Jakob Berz AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €166.5 Mil. Hence, Schwalbchen Molkerei Jakob Berz AG's Days Inventory for the six months ended in Dec. 2023 was 10.99.

The historical rank and industry rank for Schwalbchen Molkerei Jakob Berz AG's Days Inventory or its related term are showing as below:

FRA:SMB' s Days Inventory Range Over the Past 10 Years
Min: 19.69   Med: 22.33   Max: 23.91
Current: 21.98

During the past 13 years, Schwalbchen Molkerei Jakob Berz AG's highest Days Inventory was 23.91. The lowest was 19.69. And the median was 22.33.

FRA:SMB's Days Inventory is ranked better than
94.01% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs FRA:SMB: 21.98

Schwalbchen Molkerei Jakob Berz AG's Days Inventory declined from Dec. 2021 (22.68) to Dec. 2023 (21.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Schwalbchen Molkerei Jakob Berz AG's Inventory Turnover for the six months ended in Dec. 2023 was 16.61.

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. Schwalbchen Molkerei Jakob Berz AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Schwalbchen Molkerei Jakob Berz AG Days Inventory Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG Days Inventory Chart

Schwalbchen Molkerei Jakob Berz AG 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 22.14 23.91 22.68 21.05 21.98

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 22.14 23.91 22.68 21.05 21.98

Competitive Comparison of Schwalbchen Molkerei Jakob Berz AG's Days Inventory

For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz AG'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.


Schwalbchen Molkerei Jakob Berz AG's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG's Days Inventory falls into.



Schwalbchen Molkerei Jakob Berz AG Days Inventory Calculation

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

Schwalbchen Molkerei Jakob Berz AG'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
=( (10.558 + 9.489) / 2 ) / 166.46*365
=10.0235 / 166.46*365
=21.98

Schwalbchen Molkerei Jakob Berz AG'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (10.558 + 9.489) / 2 ) / 166.46*365 / 2
=10.0235 / 166.46*365 / 2
=10.99

* 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.


Schwalbchen Molkerei Jakob Berz AG  (FRA:SMB) 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.

Schwalbchen Molkerei Jakob Berz AG'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.

Schwalbchen Molkerei Jakob Berz AG'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.


Schwalbchen Molkerei Jakob Berz AG Days Inventory Related Terms

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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.