Lanka Milk Foods (CWE) (COL:LMF.N0000) Days Inventory : 121.32 (As of Dec. 2023)

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What is Lanka Milk Foods (CWE) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lanka Milk Foods (CWE)'s Average Total Inventories for the three months ended in Dec. 2023 was රු4,834 Mil. Lanka Milk Foods (CWE)'s Cost of Goods Sold for the three months ended in Dec. 2023 was රු3,636 Mil. Hence, Lanka Milk Foods (CWE)'s Days Inventory for the three months ended in Dec. 2023 was 121.32.

The historical rank and industry rank for Lanka Milk Foods (CWE)'s Days Inventory or its related term are showing as below:

COL:LMF.N0000' s Days Inventory Range Over the Past 10 Years
Min: 60.68 Med: 79.37 Max: 101.37
Current: 101.37

During the past 13 years, Lanka Milk Foods (CWE)'s highest Days Inventory was 101.37. The lowest was 60.68. And the median was 79.37.

COL:LMF.N0000's Days Inventory is ranked worse than
60.72% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs COL:LMF.N0000: 101.37

Lanka Milk Foods (CWE)'s Days Inventory increased from Dec. 2022 (80.96) to Dec. 2023 (121.32). It might indicate that Lanka Milk Foods (CWE)'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. Lanka Milk Foods (CWE)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. Lanka Milk Foods (CWE)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.13.

Lanka Milk Foods (CWE) Days Inventory Historical Data

The historical data trend for Lanka Milk Foods (CWE)'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.

Lanka Milk Foods (CWE) Days Inventory Chart

Lanka Milk Foods (CWE) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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100.22

77.94

66.84

60.68

64.52

Lanka Milk Foods (CWE) 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															80.96	82.27	84.67	118.56	121.32

Competitive Comparison of Lanka Milk Foods (CWE)'s Days Inventory

For the Packaged Foods subindustry, Lanka Milk Foods (CWE)'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.

Lanka Milk Foods (CWE)'s Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanka Milk Foods (CWE)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Lanka Milk Foods (CWE)'s Days Inventory falls into.

Lanka Milk Foods (CWE) Days Inventory Calculation

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

Lanka Milk Foods (CWE)'s Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1527.728	+	2853.238)	/	2 )	/	12392.598	*	365
=	2190.483					/	12392.598	*	365
=	64.52

Lanka Milk Foods (CWE)'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
=	( (5132.073	+	4535.131)	/	2 )	/	3635.503	*	365 / 4
=	4833.602					/	3635.503	*	365 / 4
=	121.32

Lanka Milk Foods (CWE) (COL:LMF.N0000) 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.

Lanka Milk Foods (CWE)'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3635.503	/	4833.602
	=	0.75

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.

Lanka Milk Foods (CWE)'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4833.602	/	4267.928
	=	1.13

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.

Lanka Milk Foods (CWE) Days Inventory Related Terms

Thank you for viewing the detailed overview of Lanka Milk Foods (CWE)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lanka Milk Foods (CWE) PLC (COL:LMF.N0000) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 579/1, Welisara, Ragama, LKA

Website

https://www.lmfgroup.lk

Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Headlines

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