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Naturally Splendid Enterprises (Naturally Splendid Enterprises) Days Inventory : 683.46 (As of Sep. 2022)


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What is Naturally Splendid Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Naturally Splendid Enterprises's Average Total Inventories for the three months ended in Sep. 2022 was $0.37 Mil. Naturally Splendid Enterprises's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.05 Mil. Hence, Naturally Splendid Enterprises's Days Inventory for the three months ended in Sep. 2022 was 683.46.

The historical rank and industry rank for Naturally Splendid Enterprises's Days Inventory or its related term are showing as below:

NSPDF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.17
* Ranked among companies with meaningful Days Inventory only.

Naturally Splendid Enterprises's Days Inventory increased from Sep. 2021 (472.66) to Sep. 2022 (683.46). It might indicate that Naturally Splendid Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Naturally Splendid Enterprises's Inventory Turnover for the three months ended in Sep. 2022 was 0.13.

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. Naturally Splendid Enterprises's Inventory-to-Revenue for the three months ended in Sep. 2022 was 5.43.


Naturally Splendid Enterprises Days Inventory Historical Data

The historical data trend for Naturally Splendid Enterprises'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.

Naturally Splendid Enterprises Days Inventory Chart

Naturally Splendid Enterprises Annual Data
Trend Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 494.36 372.75 263.64 293.54 421.15

Naturally Splendid Enterprises Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 472.66 457.07 1,158.01 667.98 683.46

Competitive Comparison of Naturally Splendid Enterprises's Days Inventory

For the Packaged Foods subindustry, Naturally Splendid Enterprises'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.


Naturally Splendid Enterprises's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Naturally Splendid Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Naturally Splendid Enterprises's Days Inventory falls into.



Naturally Splendid Enterprises Days Inventory Calculation

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

Naturally Splendid Enterprises's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.682 + 0.548) / 2 ) / 0.533*365
=0.615 / 0.533*365
=421.15

Naturally Splendid Enterprises's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.419 + 0.33) / 2 ) / 0.05*365 / 4
=0.3745 / 0.05*365 / 4
=683.46

* 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.


Naturally Splendid Enterprises  (OTCPK:NSPDF) 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.

Naturally Splendid Enterprises's Inventory Turnover for the three months ended in Sep. 2022 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.

Naturally Splendid Enterprises's Inventory to Revenue for the three months ended in Sep. 2022 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.


Naturally Splendid Enterprises Days Inventory Related Terms

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


Naturally Splendid Enterprises (Naturally Splendid Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
19100 Airport Way, Unit 108, Pitt Meadows, BC, CAN, V3Y 0E2
Naturally Splendid Enterprises Ltd operates a certified food manufacturing facility producing plant-based entrees, in the Greater Vancouver region in Canada. The company has an exclusive 10-year manufacturing, distribution and licensing agreement for Canada with Australia's largest plant-based food manufacturer. Naturally Splendid has launched Plantein Plant-Based Foods in both Foodservice and Retail Channels.

Naturally Splendid Enterprises (Naturally Splendid Enterprises) Headlines

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Naturally Splendid Update for Management Cease Trade Order

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