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Groupe Minoteries (XSWX:GMI) Days Inventory : 114.03 (As of Dec. 2023)


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What is Groupe Minoteries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Groupe Minoteries's Average Total Inventories for the six months ended in Dec. 2023 was CHF32.9 Mil. Groupe Minoteries's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF52.6 Mil. Hence, Groupe Minoteries's Days Inventory for the six months ended in Dec. 2023 was 114.03.

The historical rank and industry rank for Groupe Minoteries's Days Inventory or its related term are showing as below:

XSWX:GMI' s Days Inventory Range Over the Past 10 Years
Min: 88.47   Med: 106.25   Max: 119.41
Current: 118.36

During the past 13 years, Groupe Minoteries's highest Days Inventory was 119.41. The lowest was 88.47. And the median was 106.25.

XSWX:GMI's Days Inventory is ranked worse than
68.77% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs XSWX:GMI: 118.36

Groupe Minoteries's Days Inventory declined from Dec. 2022 (115.19) to Dec. 2023 (114.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Groupe Minoteries's Inventory Turnover for the six months ended in Dec. 2023 was 1.60.

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. Groupe Minoteries's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.44.


Groupe Minoteries Days Inventory Historical Data

The historical data trend for Groupe Minoteries'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.

Groupe Minoteries Days Inventory Chart

Groupe Minoteries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.50 100.26 106.81 119.41 114.79

Groupe Minoteries Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 103.87 113.13 115.19 126.51 114.03

Competitive Comparison of Groupe Minoteries's Days Inventory

For the Farm Products subindustry, Groupe Minoteries'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.


Groupe Minoteries's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Groupe Minoteries's Days Inventory falls into.



Groupe Minoteries Days Inventory Calculation

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

Groupe Minoteries'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
=( (34.679 + 30.268) / 2 ) / 103.261*365
=32.4735 / 103.261*365
=114.79

Groupe Minoteries'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.508 + 30.268) / 2 ) / 52.637*365 / 2
=32.888 / 52.637*365 / 2
=114.03

* 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.


Groupe Minoteries  (XSWX:GMI) 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.

Groupe Minoteries's Inventory Turnover for the six 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.

Groupe Minoteries's Inventory to Revenue for the six 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.


Groupe Minoteries Days Inventory Related Terms

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


Groupe Minoteries (XSWX:GMI) Business Description

Traded in Other Exchanges
Address
Route des Moulins 31, Case postale 68, Granges-pres-Marnand, CHE, 1523
Groupe Minoteries SA is a manufacturer in Switzerland of breadmaking flours. It is engaged in production and sale of milled flour and grains. The company through its subsidiaries is also engaged in provisioning of pet food products.

Groupe Minoteries (XSWX:GMI) Headlines

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