Days Inventory is also known as Days Sales of Inventory (DSI). Arcadia Biosciences's Average Total Inventories for the
three
months ended in Dec. 2023 was $2.31 Mil. Arcadia Biosciences's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.67 Mil.
Hence, Arcadia Biosciences's Days Inventory for the
three
months ended in Dec. 2023 was 314.27.
The historical rank and industry rank for Arcadia Biosciences's Days Inventory or its related term are showing as below:
RKDA'
s Days Inventory Range Over the Past 10 Years
Min: 79.87 Med: 184.8 Max: 407.27
Current: 258.93
During the past 12 years, Arcadia Biosciences's highest Days Inventory was 407.27. The lowest was 79.87. And the median was 184.80.
RKDA's Days Inventory is ranked worse than 91.44% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.23
vs RKDA: 258.93
Arcadia Biosciences's Days Inventory
increased
from Dec. 2022 (287.08) to Dec. 2023 (314.27).
It might indicate that Arcadia Biosciences's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Arcadia Biosciences's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.29.
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.
Arcadia Biosciences's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.97.
Arcadia Biosciences Days Inventory Historical Data
The historical data trend for Arcadia Biosciences'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 Arcadia Biosciences's Days Inventory
For the Packaged Foods subindustry, Arcadia Biosciences'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.
Arcadia Biosciences's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Arcadia Biosciences's Days Inventory distribution charts can be found below:
* The bar in red indicates where Arcadia Biosciences's Days Inventory falls into.
Arcadia Biosciences Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Arcadia Biosciences'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.
Arcadia Biosciences (NAS:RKDA) 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.
Arcadia Biosciences'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.
Arcadia Biosciences'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.
Arcadia Biosciences Days Inventory Related Terms
Thank you for viewing the detailed overview of Arcadia Biosciences's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Arcadia Biosciences (Arcadia Biosciences) Business Description
Arcadia Biosciences Inc is a producer and marketer of innovative, plant-based food and beverage products. It is engaged in science-based approaches to developing high-value crop improvements primarily in wheat, soy, and hemp, designed to enhance farm economics by improving the performance of crops in the field, as well as their value as food ingredients, health, and wellness products, and their viability for industrial applications. The company's consumer brands in the food, beverage, and body care categories include GoodWheat high-fiber pasta, Zola coconut water, ProVault topical pain relief, and SoulSpring bath and body care.
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