Days Inventory is also known as Days Sales of Inventory (DSI). The Kraft Heinz Co's Average Total Inventories for the
three
months ended in Dec. 2023 was R$18,186 Mil. The Kraft Heinz Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was R$22,260 Mil.
Hence, The Kraft Heinz Co's Days Inventory for the
three
months ended in Dec. 2023 was 74.55.
The historical rank and industry rank for The Kraft Heinz Co's Days Inventory or its related term are showing as below:
BSP:KHCB34'
s Days Inventory Range Over the Past 10 Years
Min: 46.32 Med: 58.37 Max: 77.81
Current: 77.81
During the past 13 years, The Kraft Heinz Co's highest Days Inventory was 77.81. The lowest was 46.32. And the median was 58.37.
BSP:KHCB34's Days Inventory is ranked better than 52.8% of 1784
companies
in the Consumer Packaged Goods industry
Industry Median: 82.495
vs BSP:KHCB34: 77.81
The Kraft Heinz Co's Days Inventory
increased
from Dec. 2022 (65.34) to Dec. 2023 (74.55).
It might indicate that The Kraft Heinz Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Kraft Heinz Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.22.
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 Kraft Heinz Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.54.
The Kraft Heinz Co Days Inventory Historical Data
The historical data trend for The Kraft Heinz 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 Kraft Heinz Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
56.87
53.05
55.21
65.52
77.50
The Kraft Heinz Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
65.34
80.21
83.16
79.29
74.55
Competitive Comparison
For the Packaged Foods subindustry, The Kraft Heinz 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 Kraft Heinz Co Days Inventory Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Kraft Heinz Co's Days Inventory falls into.
The Kraft Heinz Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Kraft Heinz Co's Days Inventory for the fiscal year that 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.
The Kraft Heinz Co (BSP:KHCB34) 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 Kraft Heinz Co's Inventory Turnover for the
three
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 Kraft Heinz Co's Inventory to Revenue for the
three
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 Kraft Heinz Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The Kraft Heinz Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The Kraft Heinz Co (BSP:KHCB34) Business Description
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.
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