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Livestock Improvement (NZSE:LIC) Days Inventory : 798.03 (As of May. 2024)


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What is Livestock Improvement Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Livestock Improvement's Average Total Inventories for the six months ended in May. 2024 was NZ$88.9 Mil. Livestock Improvement's Cost of Goods Sold for the six months ended in May. 2024 was NZ$20.3 Mil. Hence, Livestock Improvement's Days Inventory for the six months ended in May. 2024 was 798.03.

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

NZSE:LIC' s Days Inventory Range Over the Past 10 Years
Min: 119.02   Med: 893.81   Max: 1451.66
Current: 825.07

During the past 13 years, Livestock Improvement's highest Days Inventory was 1451.66. The lowest was 119.02. And the median was 893.81.

NZSE:LIC's Days Inventory is ranked worse than
97.79% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs NZSE:LIC: 825.07

Livestock Improvement's Days Inventory increased from May. 2023 (796.71) to May. 2024 (798.03). It might indicate that Livestock Improvement's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Livestock Improvement's Inventory Turnover for the six months ended in May. 2024 was 0.23.

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. Livestock Improvement's Inventory-to-Revenue for the six months ended in May. 2024 was 0.93.


Livestock Improvement Days Inventory Historical Data

The historical data trend for Livestock Improvement'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.

Livestock Improvement Days Inventory Chart

Livestock Improvement Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,084.67 1,030.26 851.48 747.30 825.07

Livestock Improvement Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 756.35 701.67 796.71 851.34 798.03

Competitive Comparison of Livestock Improvement's Days Inventory

For the Farm Products subindustry, Livestock Improvement'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.


Livestock Improvement's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Livestock Improvement's Days Inventory falls into.



Livestock Improvement Days Inventory Calculation

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

Livestock Improvement's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (97.64 + 88.872) / 2 ) / 41.255*365
=93.256 / 41.255*365
=825.07

Livestock Improvement's Days Inventory for the quarter that ended in May. 2024 is calculated as:

Days Inventory (Q: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (0 + 88.872) / 1 ) / 20.324*365 / 2
=88.872 / 20.324*365 / 2
=798.03

* 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.


Livestock Improvement  (NZSE:LIC) 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.

Livestock Improvement's Inventory Turnover for the six months ended in May. 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.

Livestock Improvement's Inventory to Revenue for the six months ended in May. 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.


Livestock Improvement Days Inventory Related Terms

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


Livestock Improvement Business Description

Traded in Other Exchanges
N/A
Address
605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286
Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

Livestock Improvement Headlines

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