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Zinzino Holding AB (Zinzino Holding AB) Days Inventory : 53.02 (As of Dec. 2023)


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What is Zinzino Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zinzino Holding AB's Average Total Inventories for the three months ended in Dec. 2023 was $18.6 Mil. Zinzino Holding AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $31.9 Mil. Hence, Zinzino Holding AB's Days Inventory for the three months ended in Dec. 2023 was 53.02.

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

ZNZNF' s Days Inventory Range Over the Past 10 Years
Min: 39.35   Med: 54.21   Max: 64.11
Current: 62.5

During the past 13 years, Zinzino Holding AB's highest Days Inventory was 64.11. The lowest was 39.35. And the median was 54.21.

ZNZNF's Days Inventory is ranked better than
65.21% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs ZNZNF: 62.50

Zinzino Holding AB's Days Inventory declined from Dec. 2022 (58.79) to Dec. 2023 (53.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zinzino Holding AB's Inventory Turnover for the three months ended in Dec. 2023 was 1.72.

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. Zinzino Holding AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.


Zinzino Holding AB Days Inventory Historical Data

The historical data trend for Zinzino Holding AB'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.

Zinzino Holding AB Days Inventory Chart

Zinzino Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.04 47.52 57.40 68.31 61.62

Zinzino Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.79 63.52 67.39 68.48 53.02

Competitive Comparison of Zinzino Holding AB's Days Inventory

For the Packaged Foods subindustry, Zinzino Holding AB'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.


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

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

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



Zinzino Holding AB Days Inventory Calculation

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

Zinzino Holding AB's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (17.804 + 19.008) / 2 ) / 109.024*365
=18.406 / 109.024*365
=61.62

Zinzino Holding AB's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (18.1 + 19.008) / 2 ) / 31.934*365 / 4
=18.554 / 31.934*365 / 4
=53.02

* 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.


Zinzino Holding AB  (OTCPK:ZNZNF) 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.

Zinzino Holding AB's Inventory Turnover for the three 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.

Zinzino Holding AB's Inventory to Revenue for the three 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.


Zinzino Holding AB Days Inventory Related Terms

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


Zinzino Holding AB (Zinzino Holding AB) Business Description

Traded in Other Exchanges
Address
Hulda Mellgrens Gata 5, Vastra Frolunda, Gothenburg, SWE, 421 32
Zinzino Holding AB is a direct sales company. The company offers products focusing on nutritional supplements, skincare, and lifestyle products. The company operates in two segments Zinzino and Faun. The majority of the revenue is generated from the Zinzino segment. The company's product areas include Immune and Brain, SkinCare, Weight Control, Beverages, and others. The company's geographical segments include Sweden, Hungary, Germany, Norway, Finland, Denmark, and other countries.

Zinzino Holding AB (Zinzino Holding AB) Headlines

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