Real Good Food (LSE:RGD) Days Inventory : 72.96 (As of Mar. 2023)

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What is Real Good Food Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Real Good Food's Average Total Inventories for the six months ended in Mar. 2023 was £4.49 Mil. Real Good Food's Cost of Goods Sold for the six months ended in Mar. 2023 was £11.22 Mil. Hence, Real Good Food's Days Inventory for the six months ended in Mar. 2023 was 72.96.

The historical rank and industry rank for Real Good Food's Days Inventory or its related term are showing as below:

LSE:RGD' s Days Inventory Range Over the Past 10 Years
Min: 56.13 Med: 69.29 Max: 105.59
Current: 73.1

During the past 13 years, Real Good Food's highest Days Inventory was 105.59. The lowest was 56.13. And the median was 69.29.

LSE:RGD's Days Inventory is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 82.17 vs LSE:RGD: 73.10

Real Good Food's Days Inventory increased from Mar. 2022 (58.53) to Mar. 2023 (72.96). It might indicate that Real Good Food's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Real Good Food's Inventory Turnover for the six months ended in Mar. 2023 was 2.50.

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. Real Good Food's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.27.

Real Good Food Days Inventory Historical Data

The historical data trend for Real Good Food'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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Real Good Food Days Inventory Chart

Real Good Food Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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73.04

105.59

85.94

57.23

65.12

Real Good Food Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	Get a 7-Day Free Trial															74.42	63.96	58.53	81.53	72.96

Competitive Comparison of Real Good Food's Days Inventory

For the Confectioners subindustry, Real Good Food'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.

Real Good Food's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Real Good Food's Days Inventory falls into.

Real Good Food Days Inventory Calculation

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

Real Good Food's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (4.024	+	3.695)	/	2 )	/	21.631	*	365
=	3.8595					/	21.631	*	365
=	65.12

Real Good Food's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (5.277	+	3.695)	/	2 )	/	11.221	*	365 / 2
=	4.486					/	11.221	*	365 / 2
=	72.96

Real Good Food (LSE:RGD) 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.

Real Good Food's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.221	/	4.486
	=	2.50

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.

Real Good Food's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.486	/	16.564
	=	0.27

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.

Real Good Food Days Inventory Related Terms

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

Real Good Food (LSE:RGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Real Good Food PLC (LSE:RGD) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

229 Crown Street, Liverpool, GBR, L8 7RF

Website

https://www.realgoodfoodplc.com

Real Good Food PLC is engaged in the sourcing, manufacturing, and distribution of food to the retail and industrial sectors. The group operates in one main division: Cake Decoration. The Cake Decoration segment manufactures, sells and supplies cake decorating products and ingredients for the baking sector. Geographically, it derives a majority of revenue from the United Kingdom.

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