Oatly Group AB (Oatly Group AB) Days Inventory : 44.19 (As of Dec. 2023)

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What is Oatly Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oatly Group AB's Average Total Inventories for the three months ended in Dec. 2023 was $75.7 Mil. Oatly Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $156.3 Mil. Hence, Oatly Group AB's Days Inventory for the three months ended in Dec. 2023 was 44.19.

The historical rank and industry rank for Oatly Group AB's Days Inventory or its related term are showing as below:

OTLY' s Days Inventory Range Over the Past 10 Years
Min: 42.44 Med: 52.72 Max: 76.5
Current: 55.15

During the past 5 years, Oatly Group AB's highest Days Inventory was 76.50. The lowest was 42.44. And the median was 52.72.

OTLY's Days Inventory is ranked better than
60.19% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.17 vs OTLY: 55.15

Oatly Group AB's Days Inventory declined from Dec. 2022 (56.69) to Dec. 2023 (44.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oatly Group AB's Inventory Turnover for the three months ended in Dec. 2023 was 2.07.

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. Oatly Group AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.37.

Oatly Group AB Days Inventory Historical Data

The historical data trend for Oatly Group AB'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.

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Oatly Group AB Days Inventory Chart

Oatly Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

76.50

42.44

50.38

59.72

52.72

Oatly Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial												56.69	62.89	60.81	54.84	44.19

Competitive Comparison of Oatly Group AB's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Oatly Group AB'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.

Oatly Group AB's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oatly Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oatly Group AB's Days Inventory falls into.

Oatly Group AB Days Inventory Calculation

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

Oatly Group AB'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
=	( (114.475	+	67.882)	/	2 )	/	631.265	*	365
=	91.1785					/	631.265	*	365
=	52.72

Oatly Group AB's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (83.537	+	67.882)	/	2 )	/	156.343	*	365 / 4
=	75.7095					/	156.343	*	365 / 4
=	44.19

Oatly Group AB (NAS:OTLY) 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.

Oatly Group AB's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	156.343	/	75.7095
	=	2.07

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.

Oatly Group AB's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.7095	/	204.121
	=	0.37

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.

Oatly Group AB Days Inventory Related Terms

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

Oatly Group AB (Oatly Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oatly Group AB (NAS:OTLY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9ZX:Germany

Address

Ångfärjekajen 8, Malmo, SWE, 211 19

Website

https://www.oatly.com

Oatly Group AB is engaged in the food and drinks industry. Some of its products include Oat Drink, Chilled Oat Drink, Oatgurt, Creamy Oat, Icecreams, among others. It caters to Sweden, Germany, United Kingdom, Netherlands, North America, Finland, and Other markets.