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Lark Distilling Co (Lark Distilling Co) Days Inventory : 756.95 (As of Dec. 2023)


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What is Lark Distilling Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lark Distilling Co's Average Total Inventories for the six months ended in Dec. 2023 was $11.53 Mil. Lark Distilling Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.78 Mil. Hence, Lark Distilling Co's Days Inventory for the six months ended in Dec. 2023 was 756.95.

The historical rank and industry rank for Lark Distilling Co's Days Inventory or its related term are showing as below:

LRKKF' s Days Inventory Range Over the Past 10 Years
Min: 275.65   Med: 815.51   Max: 12204.13
Current: 858.38

During the past 13 years, Lark Distilling Co's highest Days Inventory was 12204.13. The lowest was 275.65. And the median was 815.51.

LRKKF's Days Inventory is ranked worse than
90.73% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs LRKKF: 858.38

Lark Distilling Co's Days Inventory increased from Dec. 2022 (756.16) to Dec. 2023 (756.95). It might indicate that Lark Distilling Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lark Distilling Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.24.

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. Lark Distilling Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.91.


Lark Distilling Co Days Inventory Historical Data

The historical data trend for Lark Distilling 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.

* Premium members only.

Lark Distilling Co Days Inventory Chart

Lark Distilling Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,770.60 609.32 265.26 486.83 837.13

Lark Distilling Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 252.28 641.76 756.16 943.11 756.95

Competitive Comparison of Lark Distilling Co's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Lark Distilling 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.


Lark Distilling Co's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Lark Distilling Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lark Distilling Co's Days Inventory falls into.



Lark Distilling Co Days Inventory Calculation

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

Lark Distilling Co'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
=( (14.357 + 10.734) / 2 ) / 5.47*365
=12.5455 / 5.47*365
=837.13

Lark Distilling Co'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
=( (10.734 + 12.327) / 2 ) / 2.78*365 / 2
=11.5305 / 2.78*365 / 2
=756.95

* 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.


Lark Distilling Co  (OTCPK:LRKKF) 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.

Lark Distilling Co's Inventory Turnover for the six 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.

Lark Distilling Co's Inventory to Revenue for the six 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.


Lark Distilling Co Days Inventory Related Terms

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


Lark Distilling Co (Lark Distilling Co) Business Description

Traded in Other Exchanges
Address
91-93 Macquarie Street, Level 1, Hobart, TAS, AUS, 7000
Lark Distilling Co Ltd is engaged in the investment and marketing of Australian whisky in Australia. It sells its products under the brand name, Lark. Its operating segments are Whisky, Gin, and Others. The other segment includes the sale of hand sanitizers. It generates the majority of revenue from the Whisky segment.

Lark Distilling Co (Lark Distilling Co) Headlines

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