Days Inventory is also known as Days Sales of Inventory (DSI). Zevia PBC's Average Total Inventories for the
three
months ended in Dec. 2023 was $42.0 Mil. Zevia PBC's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $22.4 Mil.
Hence, Zevia PBC's Days Inventory for the
three
months ended in Dec. 2023 was 170.95.
The historical rank and industry rank for Zevia PBC's Days Inventory or its related term are showing as below:
ZVIA'
s Days Inventory Range Over the Past 10 Years
Min: 85.45 Med: 115.73 Max: 141.81
Current: 141.81
During the past 5 years, Zevia PBC's highest Days Inventory was 141.81. The lowest was 85.45. And the median was 115.73.
ZVIA's Days Inventory is ranked worse than 84.26% of 108
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.165
vs ZVIA: 141.81
Zevia PBC's Days Inventory
increased
from Dec. 2022 (150.10) to Dec. 2023 (170.95).
It might indicate that Zevia PBC's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zevia PBC's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.53.
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.
Zevia PBC's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.11.
Zevia PBC Days Inventory Historical Data
The historical data trend for Zevia PBC'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 Zevia PBC's Days Inventory
For the Beverages - Non-Alcoholic subindustry, Zevia PBC'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.
Zevia PBC's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zevia PBC's Days Inventory falls into.
Zevia PBC Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Zevia PBC'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.
Zevia PBC (NYSE:ZVIA) 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.
Zevia PBC'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.
Zevia PBC'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.
Zevia PBC Days Inventory Related Terms
Thank you for viewing the detailed overview of Zevia PBC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. It derives a majority of its revenue from the United States.
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