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Fevertree Drinks (Fevertree Drinks) Days Inventory : 103.90 (As of Dec. 2023)


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What is Fevertree Drinks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fevertree Drinks's Average Total Inventories for the six months ended in Dec. 2023 was $90.5 Mil. Fevertree Drinks's Cost of Goods Sold for the six months ended in Dec. 2023 was $159.0 Mil. Hence, Fevertree Drinks's Days Inventory for the six months ended in Dec. 2023 was 103.90.

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

FQVTF' s Days Inventory Range Over the Past 10 Years
Min: 54.84   Med: 71.64   Max: 99.98
Current: 99.98

During the past 13 years, Fevertree Drinks's highest Days Inventory was 99.98. The lowest was 54.84. And the median was 71.64.

FQVTF's Days Inventory is ranked worse than
75% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165 vs FQVTF: 99.98

Fevertree Drinks's Days Inventory increased from Dec. 2022 (83.41) to Dec. 2023 (103.90). It might indicate that Fevertree Drinks's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fevertree Drinks's Inventory Turnover for the six months ended in Dec. 2023 was 1.76.

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. Fevertree Drinks's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.38.


Fevertree Drinks Days Inventory Historical Data

The historical data trend for Fevertree Drinks'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.

Fevertree Drinks Days Inventory Chart

Fevertree Drinks 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 68.10 79.27 76.28 80.62 92.53

Fevertree Drinks Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only 78.33 83.63 83.41 100.07 103.90

Competitive Comparison of Fevertree Drinks's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks'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.


Fevertree Drinks's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fevertree Drinks's Days Inventory falls into.



Fevertree Drinks Days Inventory Calculation

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

Fevertree Drinks'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
=( (73.203 + 85.57) / 2 ) / 313.165*365
=79.3865 / 313.165*365
=92.53

Fevertree Drinks'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
=( (95.455 + 85.57) / 2 ) / 158.987*365 / 2
=90.5125 / 158.987*365 / 2
=103.90

* 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.


Fevertree Drinks  (OTCPK:FQVTF) 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.

Fevertree Drinks'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.

Fevertree Drinks'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.


Fevertree Drinks Days Inventory Related Terms

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


Fevertree Drinks (Fevertree Drinks) Business Description

Traded in Other Exchanges
Address
186-188 Shepherds Bush Road, London, GBR, W6 7NL
Fevertree Drinks PLC is a UK based holding and investment company. The company is engaged in the business activity of developing and marketing premium mixer drinks. Its product portfolio includes Indian tonic water, Mediterranean tonic water, Elderflower tonic water, Aromatic tonic water, Clementine tonic water, Lemon tonic water, Ginger beer, Ginger ale, Smoky ginger ale, Spiced orange ginger ale, Madagascan cola, Sicilian lemonade, Lemonade, Premium Soda Water and Mediterranean Orange. The company operates in the UK, USA, Europe, and other countries, of which most of the revenue is from the United Kingdom.

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