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Remy Cointreau (FRA:RMC) Days Inventory : 1,886.47 (As of Sep. 2023)


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What is Remy Cointreau Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Remy Cointreau's Average Total Inventories for the six months ended in Sep. 2023 was €1,828 Mil. Remy Cointreau's Cost of Goods Sold for the six months ended in Sep. 2023 was €177 Mil. Hence, Remy Cointreau's Days Inventory for the six months ended in Sep. 2023 was 1,886.47.

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

FRA:RMC' s Days Inventory Range Over the Past 10 Years
Min: 869.9   Med: 1141.43   Max: 1706.33
Current: 1706.33

During the past 13 years, Remy Cointreau's highest Days Inventory was 1706.33. The lowest was 869.90. And the median was 1141.43.

FRA:RMC's Days Inventory is ranked worse than
97.56% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 158.99 vs FRA:RMC: 1706.33

Remy Cointreau's Days Inventory increased from Sep. 2022 (1,223.33) to Sep. 2023 (1,886.47). It might indicate that Remy Cointreau's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Remy Cointreau's Inventory Turnover for the six months ended in Sep. 2023 was 0.10.

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. Remy Cointreau's Inventory-to-Revenue for the six months ended in Sep. 2023 was 2.87.


Remy Cointreau Days Inventory Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Days Inventory Chart

Remy Cointreau Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,062.11 1,368.83 1,579.20 1,377.39 1,408.17

Remy Cointreau Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,375.20 1,343.88 1,223.33 1,569.97 1,886.47

Competitive Comparison of Remy Cointreau's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.


Remy Cointreau's Days Inventory Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Remy Cointreau's Days Inventory falls into.



Remy Cointreau Days Inventory Calculation

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

Remy Cointreau's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1615.5 + 1815.8) / 2 ) / 444.7*365
=1715.65 / 444.7*365
=1,408.17

Remy Cointreau's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1815.8 + 1839.3) / 2 ) / 176.8*365 / 2
=1827.55 / 176.8*365 / 2
=1,886.47

* 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.


Remy Cointreau  (FRA:RMC) 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.

Remy Cointreau's Inventory Turnover for the six months ended in Sep. 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.

Remy Cointreau's Inventory to Revenue for the six months ended in Sep. 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.


Remy Cointreau Days Inventory Related Terms

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


Remy Cointreau (FRA:RMC) Business Description

Traded in Other Exchanges
Address
Rue Joseph Pataa, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (FRA:RMC) Headlines

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