Days Inventory is also known as Days Sales of Inventory (DSI). The Hershey Co's Average Total Inventories for the
three
months ended in Dec. 2023 was R$6,614 Mil. The Hershey Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was R$7,516 Mil.
Hence, The Hershey Co's Days Inventory for the
three
months ended in Dec. 2023 was 80.29.
The historical rank and industry rank for The Hershey Co's Days Inventory or its related term are showing as below:
BSP:HSHY34'
s Days Inventory Range Over the Past 10 Years
Min: 63.96 Med: 67.14 Max: 76.08
Current: 76.08
During the past 13 years, The Hershey Co's highest Days Inventory was 76.08. The lowest was 63.96. And the median was 67.14.
BSP:HSHY34's Days Inventory is ranked better than 53.89% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 81.77
vs BSP:HSHY34: 76.08
The Hershey Co's Days Inventory
increased
from Dec. 2022 (71.34) to Dec. 2023 (80.29).
It might indicate that The Hershey Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The Hershey Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.14.
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 Hershey Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.51.
The Hershey Co Days Inventory Historical Data
The historical data trend for The Hershey 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.
Competitive Comparison of The Hershey Co's Days Inventory
For the Confectioners subindustry, The Hershey 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 Hershey Co's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where The Hershey Co's Days Inventory falls into.
The Hershey Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The Hershey Co'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.
The Hershey Co (BSP:HSHY34) 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 Hershey Co'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.
The Hershey Co'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.
The Hershey Co Days Inventory Related Terms
Thank you for viewing the detailed overview of The Hershey Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
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