Oliver's Real Food (ASX:OLI) Days Inventory : 20.43 (As of Dec. 2023)

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What is Oliver's Real Food Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oliver's Real Food's Average Total Inventories for the six months ended in Dec. 2023 was A$0.52 Mil. Oliver's Real Food's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.65 Mil. Hence, Oliver's Real Food's Days Inventory for the six months ended in Dec. 2023 was 20.43.

The historical rank and industry rank for Oliver's Real Food's Days Inventory or its related term are showing as below:

ASX:OLI' s Days Inventory Range Over the Past 10 Years
Min: 18.69 Med: 62.85 Max: 73.89
Current: 21.7

During the past 7 years, Oliver's Real Food's highest Days Inventory was 73.89. The lowest was 18.69. And the median was 62.85.

ASX:OLI's Days Inventory is ranked worse than
62.02% of 337 companies
in the Restaurants industry
Industry Median: 15.57 vs ASX:OLI: 21.70

Oliver's Real Food's Days Inventory increased from Dec. 2022 (20.37) to Dec. 2023 (20.43). It might indicate that Oliver's Real Food's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oliver's Real Food's Inventory Turnover for the six months ended in Dec. 2023 was 8.93.

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. Oliver's Real Food's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Oliver's Real Food Days Inventory Historical Data

The historical data trend for Oliver's Real Food'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.

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Oliver's Real Food Days Inventory Chart

Oliver's Real Food Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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73.50

62.85

27.49

21.53

18.69

Oliver's Real Food Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									38.47	25.09	20.37	21.26	20.43

Competitive Comparison of Oliver's Real Food's Days Inventory

For the Restaurants subindustry, Oliver's Real Food'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.

Oliver's Real Food's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Oliver's Real Food's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oliver's Real Food's Days Inventory falls into.

Oliver's Real Food Days Inventory Calculation

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

Oliver's Real Food's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.493	+	0.454)	/	2 )	/	9.246	*	365
=	0.4735					/	9.246	*	365
=	18.69

Oliver's Real Food'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
=	( (0.454	+	0.588)	/	2 )	/	4.654	*	365 / 2
=	0.521					/	4.654	*	365 / 2
=	20.43

Oliver's Real Food (ASX:OLI) 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.

Oliver's Real Food's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.654	/	0.521
	=	8.93

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.

Oliver's Real Food's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.521	/	12.846
	=	0.04

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.

Oliver's Real Food Days Inventory Related Terms

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

Oliver's Real Food (ASX:OLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oliver's Real Food Ltd (ASX:OLI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

36S:Germany

Address

5 Lenton Place, Level 1, North Rocks, NSW, AUS, 2151

Website

https://www.oliversrealfood.com.au

Oliver's Real Food Ltd engages in fast-food services specializing in delicious, nutrient-dense meals, designed with the customers' wellbeing in mind. Its food is prepared daily from fresh, natural, and organic produce - nothing artificial and no additives. Some of its product includes Coffee, Breakfast, and Snack items.

Oliver's Real Food (ASX:OLI) Headlines

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