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Label Vie (CAS:LBV) Days Inventory : 81.42 (As of Jun. 2024)


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What is Label Vie Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Label Vie's Average Total Inventories for the six months ended in Jun. 2024 was MAD2,843 Mil. Label Vie's Cost of Goods Sold for the six months ended in Jun. 2024 was MAD6,373 Mil. Hence, Label Vie's Days Inventory for the six months ended in Jun. 2024 was 81.42.

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

CAS:LBV' s Days Inventory Range Over the Past 10 Years
Min: 65.56   Med: 67.49   Max: 77.06
Current: 77.06

During the past 13 years, Label Vie's highest Days Inventory was 77.06. The lowest was 65.56. And the median was 67.49.

CAS:LBV's Days Inventory is ranked better than
65.07% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 108.325 vs CAS:LBV: 77.06

Label Vie's Days Inventory increased from Jun. 2023 (74.61) to Jun. 2024 (81.42). It might indicate that Label Vie's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Label Vie's Inventory Turnover for the six months ended in Jun. 2024 was 2.24.

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. Label Vie's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.37.


Label Vie Days Inventory Historical Data

The historical data trend for Label Vie'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.

Label Vie Days Inventory Chart

Label Vie 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 65.56 67.97 70.64 70.84 73.18

Label Vie Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 76.31 68.15 74.61 72.49 81.42

Competitive Comparison of Label Vie's Days Inventory

For the Department Stores subindustry, Label Vie'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.


Label Vie's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Label Vie's Days Inventory distribution charts can be found below:

* The bar in red indicates where Label Vie's Days Inventory falls into.



Label Vie Days Inventory Calculation

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

Label Vie'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
=( (2453.05 + 2734.735) / 2 ) / 12936.911*365
=2593.8925 / 12936.911*365
=73.18

Label Vie's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2734.735 + 2951.849) / 2 ) / 6372.913*365 / 2
=2843.292 / 6372.913*365 / 2
=81.42

* 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.


Label Vie  (CAS:LBV) 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.

Label Vie's Inventory Turnover for the six months ended in Jun. 2024 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.

Label Vie's Inventory to Revenue for the six months ended in Jun. 2024 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.


Label Vie Days Inventory Related Terms

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


Label Vie Business Description

Traded in Other Exchanges
N/A
Address
Route Nationale 1, Km 3,5 Municipality of Sebbah, Skhirat, Rabat, MAR
Label Vie SA is engaged in the operations of chain stores. It develops supermarkets and hypermarkets under the Label'Vie brand. It carries its operations in Morocco. The company operates in different segments namely Supermarkets, Hypermarkets, Hypercash, and ServiceLV segment.

Label Vie Headlines

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