Fonterra Co-operative Group (NZSE:FCG) Days Inventory: 93.89 (As of Jan. 2026) — 29% Above Median


NZSE:FCG Fonterra Co-operative Group Ltd NZSE:FCG
66 GF Score
Price NZ$4.27
GF Value NZ$2.96
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fonterra Co-operative Group Days Inventory?

Fonterra Co-operative Group NZSE:FCG 66 Days Inventory is 93.89 as of Jan. 2026, which is 29% above its 10-year median of 73.01. GuruFocus rates NZSE:FCG with a GF Score™ of 66/100 and a GF Value™ of NZ$2.96 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,863 Consumer Packaged Goods companies, Fonterra Co-operative Group ranks worse than 63.12% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Fonterra Co-operative Group's Average Total Inventories for the six months ended in Jan. 2026 was NZ$5,443 Mil. Fonterra Co-operative Group's Cost of Goods Sold for the six months ended in Jan. 2026 was NZ$10,580 Mil. Hence, Fonterra Co-operative Group's Days Inventory for the six months ended in Jan. 2026 was 93.89.

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

NZSE:FCG' s Days Inventory Range Over the Past 10 Years
Min: 57.08   Med: 73.01   Max: 105.47
Current: 105.47

During the past 13 years, Fonterra Co-operative Group's highest Days Inventory was 105.47. The lowest was 57.08. And the median was 73.01.

NZSE:FCG's Days Inventory is ranked worse than
63.12% of 1863 companies
in the Consumer Packaged Goods industry
Industry Median: 83.04 vs NZSE:FCG: 105.47

Fonterra Co-operative Group's Days Inventory declined from Jan. 2025 (117.44) to Jan. 2026 (93.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fonterra Co-operative Group's Inventory Turnover for the six months ended in Jan. 2026 was 1.94.

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. Fonterra Co-operative Group's Inventory-to-Revenue for the six months ended in Jan. 2026 was 0.44.


Fonterra Co-operative Group  (NZSE:FCG) 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.

Fonterra Co-operative Group's Inventory Turnover for the six months ended in Jan. 2026 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.

Fonterra Co-operative Group's Inventory to Revenue for the six months ended in Jan. 2026 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.


Fonterra Co-operative Group Days Inventory Related Terms


Fonterra Co-operative Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Days Inventory Chart

Fonterra Co-operative Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.02 85.66 84.58 91.22 75.44

Fonterra Co-operative Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 108.96 118.75 117.44 99.39 93.89

NZSE:FCG vs KHC, GIS, HRL: Days Inventory Comparison

For the Packaged Foods subindustry, Fonterra Co-operative 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.


Fonterra Co-operative Group Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Days Inventory falls into.


NZSE:FCG
66GF Score
Fonterra Co-operative Group Ltd NZSE:FCG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Fonterra Co-operative Group Days Inventory Calculation

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

Fonterra Co-operative Group's Days Inventory for the fiscal year that ended in Jul. 2025 is calculated as

Days Inventory (A: Jul. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2024 ) + Total Inventories (A: Jul. 2025 )) / count ) / Cost of Goods Sold (A: Jul. 2025 )*Days in Period
=( (4405 + 4204) / 2 ) / 20826*365
=4304.5 / 20826*365
=75.44

Fonterra Co-operative Group's Days Inventory for the quarter that ended in Jan. 2026 is calculated as:

Days Inventory (Q: Jan. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2025 ) + Total Inventories (Q: Jan. 2026 )) / count ) / Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=( (4204 + 6682) / 2 ) / 10580*365 / 2
=5443 / 10580*365 / 2
=93.89

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 93.89 mean?
Fonterra Co-operative Group (NZSE:FCG) has a Days Inventory of 93.89 as of Jan. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fonterra Co-operative Group and its competitors. This is 29% above median its historical median of 73.01. Over the past decade, Fonterra Co-operative Group's Days Inventory has ranged from 57.08 to 105.47. According to the industry distribution chart, Fonterra Co-operative Group ranks #1176 out of 1863 companies in the Consumer Packaged Goods industry, placing it in the top 63.1%.
Is Fonterra Co-operative Group's Days Inventory too high?
Fonterra Co-operative Group's current Days Inventory of 93.89 is 29% above median its 10-year median of 73.01. Over the past 10 years, this metric has ranged from a low of 57.08 to a high of 105.47. The Consumer Packaged Goods industry median Days Inventory is 83.04. Fonterra Co-operative Group's value of 93.89 is 13.1% above this industry median. Based on the distribution chart, Fonterra Co-operative Group ranks #1176 out of 1863 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Fonterra Co-operative Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's Days Inventory compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fonterra Co-operative Group ranks #1176 out of 1863 companies for Days Inventory. This places Fonterra Co-operative Group in the lower half of its industry. The industry median Days Inventory is 83.04. Fonterra Co-operative Group's value of 93.89 is 13.1% above this benchmark. Historically, Fonterra Co-operative Group's own Days Inventory has ranged from 57.08 to 105.47 over the past decade. While the company's 10-year median is 73.01 vs. the industry median of 83.04, Fonterra Co-operative Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 83.04, based on 1,863 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fonterra Co-operative Group's current Days Inventory of 93.89 is 13.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fonterra Co-operative Group and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonterra Co-operative Group's current Days Inventory is 93.89, which is 29% above median its own 10-year median of 73.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Co-operative Group (NZSE:FCG) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.96, compared to a current price of NZ$4.27 — trading 44.3% above its estimated fair value. The current Days Inventory is 93.89, which is 29% above median its 10-year median of 73.01 and 13.1% above the Consumer Packaged Goods industry median of 83.04. Fonterra Co-operative Group's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Fonterra Co-operative Group (NZSE:FCG), the current Days Inventory is 93.89 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fonterra Co-operative Group (NZSE:FCG) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued. The current stock price of NZ$4.27 is trading 44.3% above its estimated GF Value™ of NZ$2.96. GuruFocus considers Fonterra Co-operative Group to be Significantly Overvalued.

Key valuation signals for NZSE:FCG:

  • Days Inventory: 93.89 (29% above median its 10-year median of 73.01)
  • GF Value™: NZ$2.96 vs. price of NZ$4.27 (44.3% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 13.1% above the Consumer Packaged Goods median (#1176 of 1863)

No single metric tells the full story. See the NZSE:FCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fonterra Co-operative Group Business Description

Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
66GF Score

Get the complete analysis for NZSE:FCG

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$4.27
Price
NZ$2.96
GF Value