VGFCQ (The Very Good Food Co) Days Inventory: 357.26 (As of Sep. 2022)


VGFCQ The Very Good Food Co Inc VGFCQ
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What is The Very Good Food Co Days Inventory?

The Very Good Food Co VGFCQ -99.98% 12 Days Inventory is 357.26 as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). The Very Good Food Co's Average Total Inventories for the three months ended in Sep. 2022 was $7.51 Mil. The Very Good Food Co's Cost of Goods Sold for the three months ended in Sep. 2022 was $1.92 Mil. Hence, The Very Good Food Co's Days Inventory for the three months ended in Sep. 2022 was 357.26.

The historical rank and industry rank for The Very Good Food Co's Days Inventory or its related term are showing as below:

VGFCQ's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.65
* Ranked among companies with meaningful Days Inventory only.

The Very Good Food Co's Days Inventory increased from Sep. 2021 (197.91) to Sep. 2022 (357.26). It might indicate that The Very Good Food Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Very Good Food Co's Inventory Turnover for the three months ended in Sep. 2022 was 0.26.

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. The Very Good Food Co's Inventory-to-Revenue for the three months ended in Sep. 2022 was 5.70.


The Very Good Food Co  (OTCPK:VGFCQ) 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.

The Very Good Food Co's Inventory Turnover for the three months ended in Sep. 2022 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.

The Very Good Food Co's Inventory to Revenue for the three months ended in Sep. 2022 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.


The Very Good Food Co Days Inventory Related Terms


The Very Good Food Co Days Inventory Historical Data

* Premium members only.

The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Days Inventory Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
Days Inventory
17.67 59.95 199.16

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 197.91 241.30 327.51 324.02 357.26

VGFCQ vs KHC, GIS, HRL: Days Inventory Comparison

For the Packaged Foods subindustry, The Very Good Food Co'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.


The Very Good Food Co Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Very Good Food Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Very Good Food Co's Days Inventory falls into.


VGFCQ
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The Very Good Food Co Inc VGFCQ
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The Very Good Food Co Days Inventory Calculation

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

The Very Good Food Co's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.934 + 6.62) / 2 ) / 6.922*365
=3.777 / 6.922*365
=199.16

The Very Good Food Co's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (8.206 + 6.805) / 2 ) / 1.917*365 / 4
=7.5055 / 1.917*365 / 4
=357.26

* 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 357.26 mean?
The Very Good Food Co (VGFCQ) has a Days Inventory of 357.26 as of Sep. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Very Good Food Co and its competitors.
Is The Very Good Food Co's Days Inventory too high?
The Very Good Food Co's current Days Inventory is 357.26. The Consumer Packaged Goods industry median Days Inventory is 82.65. The Very Good Food Co's value of 357.26 is 332.3% above this industry median. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's Days Inventory compare to KHC and GIS?
The Very Good Food Co's Days Inventory of 357.26 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.65. The Very Good Food Co's value of 357.26 is 332.3% above this benchmark. 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 82.65, based on 1,867 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. The Very Good Food Co's current Days Inventory of 357.26 is 332.3% 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 The Very Good Food Co and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Very Good Food Co's current Days Inventory is 357.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current Days Inventory of 357.26. The current Days Inventory is 357.26 and 332.3% above the Consumer Packaged Goods industry median of 82.65. The Very Good Food Co's overall GF Score™ is 12/100. 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 The Very Good Food Co (VGFCQ), the current Days Inventory is 357.26 as of Sep. 2022. 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.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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