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Beyond Meat (MEX:BYND) Days Inventory : 132.36 (As of Jun. 2024)


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What is Beyond Meat Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beyond Meat's Average Total Inventories for the three months ended in Jun. 2024 was MXN2,112 Mil. Beyond Meat's Cost of Goods Sold for the three months ended in Jun. 2024 was MXN1,456 Mil. Hence, Beyond Meat's Days Inventory for the three months ended in Jun. 2024 was 132.36.

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

MEX:BYND' s Days Inventory Range Over the Past 10 Years
Min: 75.21   Med: 116.72   Max: 196.88
Current: 144.34

During the past 8 years, Beyond Meat's highest Days Inventory was 196.88. The lowest was 75.21. And the median was 116.72.

MEX:BYND's Days Inventory is ranked worse than
76.88% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 81.57 vs MEX:BYND: 144.34

Beyond Meat's Days Inventory declined from Jun. 2023 (201.43) to Jun. 2024 (132.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Beyond Meat's Inventory Turnover for the three months ended in Jun. 2024 was 0.69.

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. Beyond Meat's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.24.


Beyond Meat Days Inventory Historical Data

The historical data trend for Beyond Meat'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.

Beyond Meat Days Inventory Chart

Beyond Meat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 104.17 127.70 189.05 202.09 171.80

Beyond Meat Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 201.43 220.17 95.57 162.27 132.36

Competitive Comparison of Beyond Meat's Days Inventory

For the Packaged Foods subindustry, Beyond Meat'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.


Beyond Meat's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Beyond Meat's Days Inventory falls into.



Beyond Meat Days Inventory Calculation

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

Beyond Meat'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
=( (4595.129 + 2212.356) / 2 ) / 7231.555*365
=3403.7425 / 7231.555*365
=171.80

Beyond Meat's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2033.672 + 2189.839) / 2 ) / 1455.862*365 / 4
=2111.7555 / 1455.862*365 / 4
=132.36

* 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.


Beyond Meat  (MEX:BYND) 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.

Beyond Meat's Inventory Turnover for the three months ended in Jun. 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.

Beyond Meat's Inventory to Revenue for the three months ended in Jun. 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.


Beyond Meat Days Inventory Related Terms

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


Beyond Meat Business Description

Address
119 Standard Street, El Segundo, CA, USA, 90245
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.