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Macfarlane Group (LSE:MACF) Days Inventory : 40.33 (As of Dec. 2023)


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What is Macfarlane Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Macfarlane Group's Average Total Inventories for the six months ended in Dec. 2023 was £18.7 Mil. Macfarlane Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £84.7 Mil. Hence, Macfarlane Group's Days Inventory for the six months ended in Dec. 2023 was 40.33.

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

LSE:MACF' s Days Inventory Range Over the Past 10 Years
Min: 30.2   Med: 38.86   Max: 41.84
Current: 41.75

During the past 13 years, Macfarlane Group's highest Days Inventory was 41.84. The lowest was 30.20. And the median was 38.86.

LSE:MACF's Days Inventory is ranked better than
87.77% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs LSE:MACF: 41.75

Macfarlane Group's Days Inventory declined from Dec. 2022 (43.47) to Dec. 2023 (40.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Macfarlane Group's Inventory Turnover for the six months ended in Dec. 2023 was 4.53.

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. Macfarlane Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.13.


Macfarlane Group Days Inventory Historical Data

The historical data trend for Macfarlane Group'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.

Macfarlane Group Days Inventory Chart

Macfarlane Group 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 39.00 41.17 38.72 41.62 41.84

Macfarlane Group 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 41.84 45.98 43.47 42.99 40.33

Competitive Comparison of Macfarlane Group's Days Inventory

For the Packaging & Containers subindustry, Macfarlane Group'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.


Macfarlane Group's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Macfarlane Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Macfarlane Group's Days Inventory falls into.



Macfarlane Group Days Inventory Calculation

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

Macfarlane Group'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
=( (22.608 + 17.523) / 2 ) / 175.033*365
=20.0655 / 175.033*365
=41.84

Macfarlane Group'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
=( (19.929 + 17.523) / 2 ) / 84.741*365 / 2
=18.726 / 84.741*365 / 2
=40.33

* 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.


Macfarlane Group  (LSE:MACF) 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.

Macfarlane Group'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.

Macfarlane Group'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.


Macfarlane Group Days Inventory Related Terms

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


Macfarlane Group (LSE:MACF) Business Description

Traded in Other Exchanges
Address
3 Park Gardens, First Floor, Glasgow, GBR, G3 7YE
Macfarlane Group PLC is a United Kingdom-based company, that provides services for the packaging sector. It operates in two segments Packaging Distribution segment, which includes the distribution of packaging materials & supply of storage & warehousing services, & Manufacturing Operations comprises the manufacturing & supplying of self-adhesive labels to fast-moving consumer goods. The business operates Regional Distribution Centers supplying customers with a range of packaging materials & services. It operates across a wide range of sectors such as Aerospace, Defense, Electronics, Medical General, Industrial food, health & beauty, household products, & beverages sectors. It derives key revenue from the Distribution segment. Geographically, it derives the majority revenue from the UK.

Macfarlane Group (LSE:MACF) Headlines

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