The historical rank and industry rank for EQUATOR Beverage Co's Days Inventory or its related term are showing as below:
MOJO'
s Days Inventory Range Over the Past 10 Years
Min: 67.53 Med: 81 Max: 282.77
Current: 73.23
During the past 13 years, EQUATOR Beverage Co's highest Days Inventory was 282.77. The lowest was 67.53. And the median was 81.00.
MOJO's Days Inventory is ranked worse than 58.33% of 108
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165
vs MOJO: 73.23
EQUATOR Beverage Co's Days Inventory
declined
from Dec. 2022 (105.24) to Dec. 2023 (79.84).
Inventory Turnover measures how fast the company turns over its inventory within a year.
EQUATOR Beverage Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.14.
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.
EQUATOR Beverage Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.50.
EQUATOR Beverage Co Days Inventory Historical Data
The historical data trend for EQUATOR Beverage 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.
Competitive Comparison of EQUATOR Beverage Co's Days Inventory
For the Beverages - Non-Alcoholic subindustry, EQUATOR Beverage 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.
EQUATOR Beverage Co's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, EQUATOR Beverage Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where EQUATOR Beverage Co's Days Inventory falls into.
EQUATOR Beverage Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
EQUATOR Beverage 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.
EQUATOR Beverage Co (OTCPK:MOJO) 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.
EQUATOR Beverage 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.
EQUATOR Beverage 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.
EQUATOR Beverage Co Days Inventory Related Terms
Thank you for viewing the detailed overview of EQUATOR Beverage Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
EQUATOR Beverage Co (EQUATOR Beverage Co) Business Description
EQUATOR Beverage Co is engaged in developing, producing, distributing, and marketing new beverage products. Its beverages have been certified Non-GMO Project Verified and USDA Organic, and It offers both nonalcoholic and ready-to-drink alcoholic options. In addition, It has a line of sparkling energy beverages targeted towards female consumers. Its beverages can be found in North America, the Caribbean, and Bermuda. It is committed to sustainability and use 100 percent recyclable, eco-friendly packaging that has a minimal impact on the environment. Furthermore, its products are plant-based, renewable, and eco-friendly. Coconut water is nature's hydration drink for the skin and body. In each 11 oz serving there are five essential electrolytes totaling 1043 mg more than other sports drinks.
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