The historical rank and industry rank for Lotus Bakeries NV's Days Inventory or its related term are showing as below:
XBRU:LOTB'
s Days Inventory Range Over the Past 10 Years
Min: 31.4 Med: 41.32 Max: 44.2
Current: 43.86
During the past 13 years, Lotus Bakeries NV's highest Days Inventory was 44.20. The lowest was 31.40. And the median was 41.32.
XBRU:LOTB's Days Inventory is ranked better than 81.09% of 1782
companies
in the Consumer Packaged Goods industry
Industry Median: 83.685
vs XBRU:LOTB: 43.86
Lotus Bakeries NV's Days Inventory
declined
from Dec. 2022 (46.57) to Dec. 2023 (43.12).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lotus Bakeries NV's Inventory Turnover for the
six
months ended in Dec. 2023 was 4.23.
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.
Lotus Bakeries NV's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.14.
Lotus Bakeries NV Days Inventory Historical Data
The historical data trend for Lotus Bakeries NV'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.
Competitive Comparison of Lotus Bakeries NV's Days Inventory
For the Packaged Foods subindustry, Lotus Bakeries NV'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.
Lotus Bakeries NV's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotus Bakeries NV's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lotus Bakeries NV's Days Inventory falls into.
Lotus Bakeries NV Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lotus Bakeries NV's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Lotus Bakeries NV (XBRU:LOTB) 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.
Lotus Bakeries NV's Inventory Turnover for the
six
months ended in Dec. 2023 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.
Lotus Bakeries NV's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
Lotus Bakeries NV Days Inventory Related Terms
Thank you for viewing the detailed overview of Lotus Bakeries NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lotus Bakeries NV (XBRU:LOTB) Business Description
Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.
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