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Dairibord Holdings (XZIM:DZL.ZW) Days Inventory : 30.14 (As of Dec. 2022)


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What is Dairibord Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dairibord Holdings's Average Total Inventories for the six months ended in Dec. 2022 was ZWL6,320 Mil. Dairibord Holdings's Cost of Goods Sold for the six months ended in Dec. 2022 was ZWL38,272 Mil. Hence, Dairibord Holdings's Days Inventory for the six months ended in Dec. 2022 was 30.14.

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

XZIM:DZL.ZW's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.1
* Ranked among companies with meaningful Days Inventory only.

Dairibord Holdings's Days Inventory increased from Dec. 2021 (21.96) to Dec. 2022 (30.14). It might indicate that Dairibord Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dairibord Holdings's Inventory Turnover for the six months ended in Dec. 2022 was 6.06.

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. Dairibord Holdings's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.14.


Dairibord Holdings Days Inventory Historical Data

The historical data trend for Dairibord Holdings'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.

Dairibord Holdings Days Inventory Chart

Dairibord Holdings Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 1,940.12 38.60 43.51 32.74 49.83

Dairibord Holdings Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 24.18 17.33 21.96 65.72 30.14

Competitive Comparison of Dairibord Holdings's Days Inventory

For the Packaged Foods subindustry, Dairibord Holdings'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.


Dairibord Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dairibord Holdings's Days Inventory falls into.



Dairibord Holdings Days Inventory Calculation

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

Dairibord Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (5303.287 + 8664.516) / 2 ) / 51155.822*365
=6983.9015 / 51155.822*365
=49.83

Dairibord Holdings's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (3976.396 + 8664.516) / 2 ) / 38271.767*365 / 2
=6320.456 / 38271.767*365 / 2
=30.14

* 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.


Dairibord Holdings  (XZIM:DZL.ZW) 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.

Dairibord Holdings's Inventory Turnover for the six months ended in Dec. 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.

Dairibord Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Dairibord Holdings Days Inventory Related Terms

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


Dairibord Holdings (XZIM:DZL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
1225 Rekayi Tangwena Avenue, Belvedere, P.O. Box 587, Harare, ZWE
Dairibord Holdings Ltd manufactures, processes, markets, and distributes milk products, foods, and beverages in Zimbabwe. It operates through Manufacturing and Distribution (Zimbabwe), Corporate, and Properties segments. The company generates maximum revenue from the Manufacturing and Distribution segment. It offers various products, including liquid milk products, such as short and long shelf life, cultured, and cream milk products; food products comprising yoghurts, ice creams, cheese, ice cream cone shells, condiments, spreads, sauces, butter, and ghee; and beverages, which include cordials, ready to drink dairy and non-dairy beverages, teas, mineral water, juices, and drinking chocolate.

Dairibord Holdings (XZIM:DZL.ZW) Headlines

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