Synlait Milk (NZSE:SML) Days Inventory : 52.78 (As of Jul. 2024)

Synlait Milk Days Inventory Chart

Synlait Milk Semi-Annual Data
	Jan14	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Days Inventory	Get a 7-Day Free Trial														67.53	92.92	138.32	82.67	52.78

Competitive Comparison of Synlait Milk's Days Inventory

For the Packaged Foods subindustry, Synlait Milk'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.

Synlait Milk's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Synlait Milk's Days Inventory falls into.

Synlait Milk Days Inventory Calculation

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

Synlait Milk's Days Inventory for the fiscal year that ended in Jul. 2024 is calculated as

Synlait Milk's Days Inventory for the quarter that ended in Jul. 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.

Synlait Milk  (NZSE:SML) 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.

Synlait Milk's Inventory Turnover for the six months ended in Jul. 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.

Synlait Milk's Inventory to Revenue for the six months ended in Jul. 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.

Synlait Milk Days Inventory Related Terms

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Synlait Milk Business Description