Blender Bites (XCNQ:BITE) Days Inventory : 294.82 (As of Jan. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Blender Bites Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blender Bites's Average Total Inventories for the three months ended in Jan. 2024 was C$1.39 Mil. Blender Bites's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.43 Mil. Hence, Blender Bites's Days Inventory for the three months ended in Jan. 2024 was 294.82.

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

XCNQ:BITE' s Days Inventory Range Over the Past 10 Years
Min: 40.91 Med: 86.21 Max: 136.51
Current: 136.51

During the past 13 years, Blender Bites's highest Days Inventory was 136.51. The lowest was 40.91. And the median was 86.21.

XCNQ:BITE's Days Inventory is ranked worse than
72.92% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs XCNQ:BITE: 136.51

Blender Bites's Days Inventory increased from Jan. 2023 (96.64) to Jan. 2024 (294.82). It might indicate that Blender Bites's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Blender Bites's Inventory Turnover for the three months ended in Jan. 2024 was 0.31.

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. Blender Bites's Inventory-to-Revenue for the three months ended in Jan. 2024 was 2.43.

Blender Bites Days Inventory Historical Data

The historical data trend for Blender Bites'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.

Blender Bites Days Inventory Chart

Blender Bites Annual Data

Trend

Nov14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Oct21

Oct22

Oct23

Days Inventory

Get a 7-Day Free Trial

40.91

131.50

Blender Bites Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															96.64	189.18	119.99	102.95	294.82

Competitive Comparison of Blender Bites's Days Inventory

For the Packaged Foods subindustry, Blender Bites'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.

Blender Bites's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Blender Bites's Days Inventory falls into.

Blender Bites Days Inventory Calculation

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

Blender Bites's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (0.385	+	1.5)	/	2 )	/	2.616	*	365
=	0.9425					/	2.616	*	365
=	131.50

Blender Bites's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.5	+	1.285)	/	2 )	/	0.431	*	365 / 4
=	1.3925					/	0.431	*	365 / 4
=	294.82

Blender Bites (XCNQ:BITE) 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.

Blender Bites's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.431	/	1.3925
	=	0.31

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.

Blender Bites's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.3925	/	0.574
	=	2.43

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.

Blender Bites Days Inventory Related Terms

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