The historical rank and industry rank for Goodfood Market's Days Inventory or its related term are showing as below:
GDDFF'
s Days Inventory Range Over the Past 10 Years
Min: 6.43 Med: 10.73 Max: 19.3
Current: 13.59
During the past 9 years, Goodfood Market's highest Days Inventory was 19.30. The lowest was 6.43. And the median was 10.73.
GDDFF's Days Inventory is ranked better than 59.3% of 86
companies
in the Personal Services industry
Industry Median: 16.425
vs GDDFF: 13.59
Goodfood Market's Days Inventory
declined
from Feb. 2023 (15.93) to Feb. 2024 (13.85).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Goodfood Market's Inventory Turnover for the
three
months ended in Feb. 2024 was 6.59.
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.
Goodfood Market's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.09.
Goodfood Market Days Inventory Historical Data
The historical data trend for Goodfood Market'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 Goodfood Market's Days Inventory
For the Personal Services subindustry, Goodfood Market'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.
Goodfood Market's Days Inventory Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Days Inventory distribution charts can be found below:
* The bar in red indicates where Goodfood Market's Days Inventory falls into.
Goodfood Market Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Goodfood Market's Days Inventory for the fiscal year that ended in Aug. 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.
Goodfood Market (OTCPK:GDDFF) 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.
Goodfood Market's Inventory Turnover for the
three
months ended in Feb. 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.
Goodfood Market's Inventory to Revenue for the
three
months ended in Feb. 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.
Goodfood Market Days Inventory Related Terms
Thank you for viewing the detailed overview of Goodfood Market's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Goodfood Market (Goodfood Market) Business Description
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
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