Village Farms International (Village Farms International) Days Inventory

: 112.25 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Village Farms International's Average Total Inventories for the three months ended in Dec. 2023 was $77.8 Mil. Village Farms International's Cost of Goods Sold for the three months ended in Dec. 2023 was $63.2 Mil. Hence, Village Farms International's Days Inventory for the three months ended in Dec. 2023 was 112.25.

The historical rank and industry rank for Village Farms International's Days Inventory or its related term are showing as below:

VFF' s Days Inventory Range Over the Past 10 Years
Min: 37.22 Med: 51.97 Max: 115.87
Current: 115.87

During the past 13 years, Village Farms International's highest Days Inventory was 115.87. The lowest was 37.22. And the median was 51.97.

VFF's Days Inventory is ranked worse than
67.94% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs VFF: 115.87

Village Farms International's Days Inventory increased from Dec. 2022 (99.15) to Dec. 2023 (112.25). It might indicate that Village Farms International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Village Farms International's Inventory Turnover for the three months ended in Dec. 2023 was 0.81.

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. Village Farms International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.05.

Village Farms International Days Inventory Historical Data

The historical data trend for Village Farms International'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.

Village Farms International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

49.10

71.70

94.41

95.52

115.18

Village Farms International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																99.15	126.90	103.29	125.34	112.25

Competitive Comparison

For the Farm Products subindustry, Village Farms International'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.

Village Farms International Days Inventory Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Village Farms International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Village Farms International's Days Inventory falls into.

Village Farms International Days Inventory Calculation

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

Village Farms International's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (70.582	+	78.472)	/	2 )	/	236.177	*	365
=	74.527					/	236.177	*	365
=	115.18

Village Farms International's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (77.059	+	78.472)	/	2 )	/	63.219	*	365 / 4
=	77.7655					/	63.219	*	365 / 4
=	112.25

Village Farms International (NAS:VFF) 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.

Village Farms International's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.219	/	77.7655
	=	0.81

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.

Village Farms International's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	77.7655	/	74.225
	=	1.05

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.

Village Farms International Days Inventory Related Terms

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

Village Farms International (Village Farms International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Village Farms International Inc (NAS:VFF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

02V:Germany

Address

4700 - 80th Street, Delta, BC, CAN, V4K 3N3

Website

https://www.villagefarms.com

Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. Through its 70% ownership of Rose, the Company has a presence in the Province of Quebec as a cannabis supplier, producer and commercialization.

Executives

Kathleen M Mahoney	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Michael A Degiglio	director, 10 percent owner, officer: Chief Executive Officer	10 ALVIN CT, EAST BRUNSWICK NJ 08816
John Patrick Henry	director	C/O VILLAGE FARMS INTERNATIONAL, INC., 195 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
Stephen C Ruffini	director, officer: Chief Financial Officer	C/O VILLAGE FARMS INTERNATIONAL, INC., 195 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
Ann Lefever Gillin	officer: Executive Vice President	C/O VILLAGE FARMS INTERNATIONAL, INC., 4700 80TH STREET, DELTA A1 V4K 3N3
John R. Mclernon	director	200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Christopher C. Woodward	director	C/O VILLAGE FARMS INTERNATIONAL, INC., 195 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
David Holewinski	director	C/O VILLAGE FARMS INTERNATIONAL, INC., 195 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746
Roberta Cook	director	C/O VILLAGE FARMS INTERNATIONAL, 195 INTERNATIONAL PARKWAY, SUITE 100, HEATHROW FL 32746