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MLFNF (Maple Leaf Foods) Days Inventory : 58.77 (As of Sep. 2024)


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What is Maple Leaf Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maple Leaf Foods's Average Total Inventories for the three months ended in Sep. 2024 was $511 Mil. Maple Leaf Foods's Cost of Goods Sold for the three months ended in Sep. 2024 was $793 Mil. Hence, Maple Leaf Foods's Days Inventory for the three months ended in Sep. 2024 was 58.77.

The historical rank and industry rank for Maple Leaf Foods's Days Inventory or its related term are showing as below:

MLFNF' s Days Inventory Range Over the Past 10 Years
Min: 46.24   Med: 50.24   Max: 60.52
Current: 60.52

During the past 13 years, Maple Leaf Foods's highest Days Inventory was 60.52. The lowest was 46.24. And the median was 50.24.

MLFNF's Days Inventory is ranked better than
66.04% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs MLFNF: 60.52

Maple Leaf Foods's Days Inventory increased from Sep. 2023 (54.53) to Sep. 2024 (58.77). It might indicate that Maple Leaf Foods's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maple Leaf Foods's Inventory Turnover for the three months ended in Sep. 2024 was 1.55.

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. Maple Leaf Foods's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.55.


Maple Leaf Foods Days Inventory Historical Data

The historical data trend for Maple Leaf Foods'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.

Maple Leaf Foods Days Inventory Chart

Maple Leaf Foods 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 52.06 51.42 50.62 51.25 52.88

Maple Leaf Foods Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.53 56.55 70.27 59.74 58.77

Competitive Comparison of Maple Leaf Foods's Days Inventory

For the Packaged Foods subindustry, Maple Leaf Foods'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.


Maple Leaf Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Maple Leaf Foods's Days Inventory falls into.



Maple Leaf Foods Days Inventory Calculation

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

Maple Leaf Foods'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
=( (463.856 + 489.944) / 2 ) / 3292.005*365
=476.9 / 3292.005*365
=52.88

Maple Leaf Foods's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (514.528 + 506.545) / 2 ) / 792.756*365 / 4
=510.5365 / 792.756*365 / 4
=58.77

* 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.


Maple Leaf Foods  (OTCPK:MLFNF) 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.

Maple Leaf Foods's Inventory Turnover for the three months ended in Sep. 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.

Maple Leaf Foods's Inventory to Revenue for the three months ended in Sep. 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.


Maple Leaf Foods Days Inventory Related Terms

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


Maple Leaf Foods Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Corporate Secretary'S Department, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.