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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Days Inventory : 22.28 (As of Jun. 2023)


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What is Australian Oilseeds Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Australian Oilseeds Holdings's Average Total Inventories for the six months ended in Jun. 2023 was $0.92 Mil. Australian Oilseeds Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $7.51 Mil. Hence, Australian Oilseeds Holdings's Days Inventory for the six months ended in Jun. 2023 was 22.28.

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

COOT' s Days Inventory Range Over the Past 10 Years
Min: 23.2   Med: 56.28   Max: 80.01
Current: 23.2

During the past 2 years, Australian Oilseeds Holdings's highest Days Inventory was 80.01. The lowest was 23.20. And the median was 56.28.

COOT's Days Inventory is ranked better than
93.11% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.97 vs COOT: 23.20

Australian Oilseeds Holdings's Days Inventory increased from Jun. 2022 (18.60) to Jun. 2023 (22.28). It might indicate that Australian Oilseeds Holdings'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. Australian Oilseeds Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 8.19.

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. Australian Oilseeds Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.08.

Australian Oilseeds Holdings Days Inventory Historical Data

The historical data trend for Australian Oilseeds 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.

Australian Oilseeds Holdings Days Inventory Chart

Australian Oilseeds Holdings Annual Data
Trend Jun21 Jun22
Days Inventory
80.01 32.55

Australian Oilseeds Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory - 51.82 18.60 27.07 22.28

Competitive Comparison of Australian Oilseeds Holdings's Days Inventory

For the Packaged Foods subindustry, Australian Oilseeds 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.

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

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

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


Australian Oilseeds Holdings Days Inventory Calculation

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

Australian Oilseeds Holdings's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (1.56 + 0.796) / 2 ) / 13.21*365
=1.178 / 13.21*365
=32.55

Australian Oilseeds Holdings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1.067 + 0.767) / 2 ) / 7.511*365 / 2
=0.917 / 7.511*365 / 2
=22.28

* 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.

Australian Oilseeds Holdings  (NAS:COOT) 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.

Australian Oilseeds Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.511 / 0.917
=8.19

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.

Australian Oilseeds Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.917 / 10.963
=0.08

* 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.

Australian Oilseeds Holdings Days Inventory Related Terms

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

Australian Oilseeds Holdings (Australian Oilseeds Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Oilseeds Holdings Ltd (NAS:COOT) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
126 – 142 Cowcumbla Street, PO Box 263, 52 Fuller Drive, Cootamundra, NSW, AUS, 2590
Website
Australian Oilseeds Holdings Ltd through its subsidiaries, is focused on the manufacture and sale of chemical-free, non-GMO, sustainable edible oils and products derived from oilseeds. The company believes that transitioning from a fossil fuel economy to a renewable and chemical-free economy is the solution to many health problems the world is facing presently.

Australian Oilseeds Holdings (Australian Oilseeds Holdings) Headlines

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Australian Oilseeds, Largest APAC Producer of Non-Chemical, Non-GMO �Cold-Processing� Vegetable Oil, Enters into Contract with Woolworths and Costco Australia.

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