Days Inventory is also known as Days Sales of Inventory (DSI). Where Food Comes From's Average Total Inventories for the
three
months ended in Dec. 2023 was $1.11 Mil. Where Food Comes From's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3.72 Mil.
Hence, Where Food Comes From's Days Inventory for the
three
months ended in Dec. 2023 was 27.31.
The historical rank and industry rank for Where Food Comes From's Days Inventory or its related term are showing as below:
WFCF'
s Days Inventory Range Over the Past 10 Years
Min: 21.01 Med: 22.96 Max: 26.39
Current: 26.39
During the past 13 years, Where Food Comes From's highest Days Inventory was 26.39. The lowest was 21.01. And the median was 22.96.
WFCF's Days Inventory is ranked worse than 55.94% of 1566
companies
in the Software industry
Industry Median: 19.53
vs WFCF: 26.39
Where Food Comes From's Days Inventory
increased
from Dec. 2022 (24.13) to Dec. 2023 (27.31).
It might indicate that Where Food Comes From's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Where Food Comes From's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.34.
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.
Where Food Comes From's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.17.
Where Food Comes From Days Inventory Historical Data
The historical data trend for Where Food Comes From'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.
Where Food Comes From Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
-
-
22.96
21.01
24.94
Where Food Comes From Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
24.13
27.14
27.30
25.49
27.31
Competitive Comparison
For the Software - Application subindustry, Where Food Comes From'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.
Where Food Comes From Days Inventory Distribution
For the Software industry and Technology sector, Where Food Comes From's Days Inventory distribution charts can be found below:
* The bar in red indicates where Where Food Comes From's Days Inventory falls into.
Where Food Comes From Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Where Food Comes From'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.
Where Food Comes From (NAS:WFCF) 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.
Where Food Comes From'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.
Where Food Comes From'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.
Where Food Comes From Days Inventory Related Terms
Thank you for viewing the detailed overview of Where Food Comes From's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Where Food Comes From (Where Food Comes From) Business Description
Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations and restaurants with a wide variety of value-added services provided through its family of verifiers, including IMI Global, International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting.
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