Koios Beverage (Koios Beverage) Days Inventory : 28.70 (As of Nov. 2023)

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What is Koios Beverage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Koios Beverage's Average Total Inventories for the three months ended in Nov. 2023 was $0.19 Mil. Koios Beverage's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.60 Mil. Hence, Koios Beverage's Days Inventory for the three months ended in Nov. 2023 was 28.70.

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

FITSF' s Days Inventory Range Over the Past 10 Years
Min: 80.48 Med: 124.87 Max: 613.75
Current: 80.48

During the past 13 years, Koios Beverage's highest Days Inventory was 613.75. The lowest was 80.48. And the median was 124.87.

FITSF's Days Inventory is ranked better than
50.9% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs FITSF: 80.48

Koios Beverage's Days Inventory declined from Nov. 2022 (267.36) to Nov. 2023 (28.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Koios Beverage's Inventory Turnover for the three months ended in Nov. 2023 was 3.18.

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. Koios Beverage's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.55.

Koios Beverage Days Inventory Historical Data

The historical data trend for Koios Beverage'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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Koios Beverage Days Inventory Chart

Koios Beverage Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Inventory

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613.94

128.09

75.26

111.70

204.97

Koios Beverage Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															267.36	109.10	291.10	66.70	28.70

Competitive Comparison of Koios Beverage's Days Inventory

For the Packaged Foods subindustry, Koios Beverage'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.

Koios Beverage's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Koios Beverage's Days Inventory distribution charts can be found below:

* The bar in red indicates where Koios Beverage's Days Inventory falls into.

Koios Beverage Days Inventory Calculation

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

Koios Beverage's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

	Days Inventory (A: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.543	+	0.643)	/	2 )	/	1.056	*	365
=	0.593					/	1.056	*	365
=	204.97

Koios Beverage's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.24	+	0.14)	/	2 )	/	0.604	*	365 / 4
=	0.19					/	0.604	*	365 / 4
=	28.70

Koios Beverage (OTCPK:FITSF) 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.

Koios Beverage's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.604	/	0.19
	=	3.18

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.

Koios Beverage's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.19	/	0.343
	=	0.55

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.

Koios Beverage Days Inventory Related Terms

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

Koios Beverage (Koios Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Koios Beverage Corp (OTCPK:FITSF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FIT:Canada

Address

1890 – 1075 West Georgia Street, Suite 810, Vancouver, BC, CAN, V6E 3C9

Website

https://www.koiosbeveragecorp.com

Koios Beverage Corp is a beverage company, which is engaged in the business of producing nutritional beverage drinks using a proprietary blend of nootropics and natural organic compounds. The products of the company includes, sparkling brain energy drink, fit soda, merch, hat, iphone cases and others.