Fodelia Oyj (OHEL:FODELIA) Days Inventory : 51.07 (As of Dec. 2023)

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What is Fodelia Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fodelia Oyj's Average Total Inventories for the six months ended in Dec. 2023 was €3.68 Mil. Fodelia Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €13.15 Mil. Hence, Fodelia Oyj's Days Inventory for the six months ended in Dec. 2023 was 51.07.

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

OHEL:FODELIA' s Days Inventory Range Over the Past 10 Years
Min: 46.82 Med: 50.71 Max: 56.11
Current: 52.34

During the past 6 years, Fodelia Oyj's highest Days Inventory was 56.11. The lowest was 46.82. And the median was 50.71.

OHEL:FODELIA's Days Inventory is ranked better than
73.21% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 83.835 vs OHEL:FODELIA: 52.34

Fodelia Oyj's Days Inventory declined from Dec. 2022 (54.86) to Dec. 2023 (51.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fodelia Oyj's Inventory Turnover for the six months ended in Dec. 2023 was 3.57.

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. Fodelia Oyj's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.

Fodelia Oyj Days Inventory Historical Data

The historical data trend for Fodelia Oyj'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.

Fodelia Oyj Days Inventory Chart

Fodelia Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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48.81

46.82

56.11

52.61

Fodelia Oyj Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					47.58	58.58	54.86	53.36	51.07

Competitive Comparison of Fodelia Oyj's Days Inventory

For the Packaged Foods subindustry, Fodelia Oyj'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.

Fodelia Oyj's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fodelia Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fodelia Oyj's Days Inventory falls into.

Fodelia Oyj Days Inventory Calculation

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

Fodelia Oyj'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
=	( (3.848	+	3.664)	/	2 )	/	26.058	*	365
=	3.756					/	26.058	*	365
=	52.61

Fodelia Oyj'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
=	( (3.698	+	3.664)	/	2 )	/	13.153	*	365 / 2
=	3.681					/	13.153	*	365 / 2
=	51.07

Fodelia Oyj (OHEL:FODELIA) 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.

Fodelia Oyj's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.153	/	3.681
	=	3.57

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.

Fodelia Oyj's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.681	/	24.706
	=	0.15

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.

Fodelia Oyj Days Inventory Related Terms

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

Fodelia Oyj (OHEL:FODELIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fodelia Oyj (OHEL:FODELIA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tuotetie 1, Pyhanta, FIN, 92930

Website

https://www.fodelia.fi

Fodelia Oyj is a manufacturer of food products in Finland. Its food operations include Real Snacks, a potato chip factory that manufactures potato chips and corn and oat snacks from primarily Finnish raw materials for both the domestic market and exports market; and Feelia a manufacturer of pre-cooked meals.

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