The a2 Milk Co (ASX:A2M) Days Inventory: 57.86 (As of Dec. 2025) — Near Median


ASX:A2M The a2 Milk Co Ltd ASX:A2M
82 GF Score
Price A$7.44
GF Value A$6.66
Valuation Modestly Overvalued
! 3 Warning Signs
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What is The a2 Milk Co Days Inventory?

The a2 Milk Co ASX:A2M +1.36% 82 Days Inventory is 57.86 as of Dec. 2025, which is 1% below its 10-year median of 58.24. GuruFocus rates ASX:A2M with a GF Score™ of 82/100 and a GF Value™ of A$6.66 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,864 Consumer Packaged Goods companies, The a2 Milk Co ranks better than 67.65% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). The a2 Milk Co's Average Total Inventories for the six months ended in Dec. 2025 was A$140 Mil. The a2 Milk Co's Cost of Goods Sold for the six months ended in Dec. 2025 was A$442 Mil. Hence, The a2 Milk Co's Days Inventory for the six months ended in Dec. 2025 was 57.86.

The historical rank and industry rank for The a2 Milk Co's Days Inventory or its related term are showing as below:

ASX:A2M' s Days Inventory Range Over the Past 10 Years
Min: 37.24   Med: 58.24   Max: 74.66
Current: 59.23

During the past 13 years, The a2 Milk Co's highest Days Inventory was 74.66. The lowest was 37.24. And the median was 58.24.

ASX:A2M's Days Inventory is ranked better than
67.65% of 1864 companies
in the Consumer Packaged Goods industry
Industry Median: 82.655 vs ASX:A2M: 59.23

The a2 Milk Co's Days Inventory declined from Dec. 2024 (69.54) to Dec. 2025 (57.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. The a2 Milk Co's Inventory Turnover for the six months ended in Dec. 2025 was 3.15.

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. The a2 Milk Co's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.16.


The a2 Milk Co  (ASX:A2M) 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.

The a2 Milk Co's Inventory Turnover for the six months ended in Dec. 2025 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.

The a2 Milk Co's Inventory to Revenue for the six months ended in Dec. 2025 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.


The a2 Milk Co Days Inventory Related Terms


The a2 Milk Co Days Inventory Historical Data

* Premium members only.

The historical data trend for The a2 Milk Co'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.

The a2 Milk Co Days Inventory Chart

The a2 Milk Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.31 59.75 71.11 74.66 56.72

The a2 Milk Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 81.64 72.58 69.54 56.27 57.86

ASX:A2M vs KHC, GIS: Days Inventory Comparison

For the Packaged Foods subindustry, The a2 Milk Co'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.


The a2 Milk Co Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Days Inventory falls into.


ASX:A2M
82GF Score
The a2 Milk Co Ltd ASX:A2M
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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The a2 Milk Co Days Inventory Calculation

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

The a2 Milk Co's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (166.083 + 128.954) / 2 ) / 949.333*365
=147.5185 / 949.333*365
=56.72

The a2 Milk Co's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (128.954 + 151.022) / 2 ) / 441.533*365 / 2
=139.988 / 441.533*365 / 2
=57.86

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 57.86 mean?
The a2 Milk Co (ASX:A2M) has a Days Inventory of 57.86 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The a2 Milk Co and its competitors. This is near median its historical median of 58.24. Over the past decade, The a2 Milk Co's Days Inventory has ranged from 37.24 to 74.66. According to the industry distribution chart, The a2 Milk Co ranks #603 out of 1864 companies in the Consumer Packaged Goods industry, placing it in the top 32.3%.
Is The a2 Milk Co's Days Inventory too high?
The a2 Milk Co's current Days Inventory of 57.86 is near median its 10-year median of 58.24. Over the past 10 years, this metric has ranged from a low of 37.24 to a high of 74.66. The Consumer Packaged Goods industry median Days Inventory is 82.66. The a2 Milk Co's value of 57.86 is 30% below this industry median. Based on the distribution chart, The a2 Milk Co ranks #603 out of 1864 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The a2 Milk Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The a2 Milk Co's Days Inventory compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The a2 Milk Co ranks #603 out of 1864 companies for Days Inventory. This puts The a2 Milk Co in the upper half of its industry. The industry median Days Inventory is 82.66. The a2 Milk Co's value of 57.86 is 30% below this benchmark. Historically, The a2 Milk Co's own Days Inventory has ranged from 37.24 to 74.66 over the past decade. While the company's 10-year median is 58.24 vs. the industry median of 82.66, The a2 Milk Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.66, based on 1,864 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The a2 Milk Co's current Days Inventory of 57.86 is 30% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The a2 Milk Co and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The a2 Milk Co's current Days Inventory is 57.86, which is near median its own 10-year median of 58.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ASX:A2M) is currently considered Modestly Overvalued. The stock's GF Value™ is A$6.66, compared to a current price of A$7.44 — trading 11.7% above its estimated fair value. The current Days Inventory is 57.86, which is near median its 10-year median of 58.24 and 30% below the Consumer Packaged Goods industry median of 82.66. The a2 Milk Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For The a2 Milk Co (ASX:A2M), the current Days Inventory is 57.86 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The a2 Milk Co (ASX:A2M) Overvalued in 2026?

Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued. The current stock price of A$7.44 is trading 11.7% above its estimated GF Value™ of A$6.66. GuruFocus considers The a2 Milk Co to be Modestly Overvalued.

Key valuation signals for ASX:A2M:

  • Days Inventory: 57.86 (near median its 10-year median of 58.24)
  • GF Value™: A$6.66 vs. price of A$7.44 (11.7% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 30% below the Consumer Packaged Goods median (#603 of 1864)

No single metric tells the full story. See the ASX:A2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The a2 Milk Co Business Description

Address 51 Shortland Street, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
82GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$7.44
Price
A$6.66
GF Value