Delice Holding (XTUN:DH) Days Inventory : 57.37 (As of Dec. 2021)

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What is Delice Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delice Holding's Average Total Inventories for the six months ended in Dec. 2021 was TND136 Mil. Delice Holding's Cost of Goods Sold for the six months ended in Dec. 2021 was TND863 Mil. Hence, Delice Holding's Days Inventory for the six months ended in Dec. 2021 was 28.68.

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

XTUN:DH's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 83.835
* Ranked among companies with meaningful Days Inventory only.

Delice Holding's Days Inventory increased from Dec. 2019 (55.24) to Dec. 2021 (57.37). It might indicate that Delice Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delice Holding's Inventory Turnover for the six months ended in Dec. 2021 was 6.36.

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. Delice Holding's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.13.

Delice Holding Days Inventory Historical Data

The historical data trend for Delice Holding'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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Delice Holding Days Inventory Chart

Delice Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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51.65

54.87

55.24

61.95

57.37

Delice Holding Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Days Inventory	Get a 7-Day Free Trial				51.65	54.87	55.24	61.95	57.37

Competitive Comparison of Delice Holding's Days Inventory

For the Packaged Foods subindustry, Delice Holding'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.

Delice Holding's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Delice Holding's Days Inventory falls into.

Delice Holding Days Inventory Calculation

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

Delice Holding'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
=	( (144.344	+	126.828)	/	2 )	/	862.684	*	365
=	135.586					/	862.684	*	365
=	57.37

Delice Holding's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (144.344	+	126.828)	/	2 )	/	862.684	*	365 / 2
=	135.586					/	862.684	*	365 / 2
=	28.68

Delice Holding (XTUN:DH) 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.

Delice Holding's Inventory Turnover for the six months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	862.684	/	135.586
	=	6.36

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.

Delice Holding's Inventory to Revenue for the six months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	135.586	/	1026.837
	=	0.13

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.

Delice Holding Days Inventory Related Terms

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

Delice Holding (XTUN:DH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Delice Holding SA (XTUN:DH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Immeuble le Dôme, Rue Lac Léman, les Berges du Lac, Tunis, TUN, 1053

Website

http://www.deliceholding.com

Delice Holding SA through its subsidiaries is engaged in manufacturing, packaging and marketing of milk and milk products except yoghurt and drinks. It also processes milk and its derivatives and sells other food products.