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Whats Cooking Group NV/SA (FRA:BD0) Days Inventory : 13.97 (As of Jun. 2023)


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What is Whats Cooking Group NV/SA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Whats Cooking Group NV/SA's Average Total Inventories for the three months ended in Jun. 2023 was €49.2 Mil. Whats Cooking Group NV/SA's Cost of Goods Sold for the three months ended in Jun. 2023 was €321.6 Mil. Hence, Whats Cooking Group NV/SA's Days Inventory for the three months ended in Jun. 2023 was 13.97.

The historical rank and industry rank for Whats Cooking Group NV/SA's Days Inventory or its related term are showing as below:

FRA:BD0' s Days Inventory Range Over the Past 10 Years
Min: 25.16   Med: 25.8   Max: 29.81
Current: 27.64

During the past 13 years, Whats Cooking Group NV/SA's highest Days Inventory was 29.81. The lowest was 25.16. And the median was 25.80.

FRA:BD0's Days Inventory is ranked better than
90.74% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 83.54 vs FRA:BD0: 27.64

Whats Cooking Group NV/SA's Days Inventory increased from Jun. 2021 (13.81) to Jun. 2023 (13.97). It might indicate that Whats Cooking Group NV/SA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Whats Cooking Group NV/SA's Inventory Turnover for the three months ended in Jun. 2023 was 6.53.

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. Whats Cooking Group NV/SA's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.12.


Whats Cooking Group NV/SA Days Inventory Historical Data

The historical data trend for Whats Cooking Group NV/SA'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.

Whats Cooking Group NV/SA Days Inventory Chart

Whats Cooking Group NV/SA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.16 25.16 25.93 26.55 25.33

Whats Cooking Group NV/SA Quarterly Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 13.81 12.97 13.78 13.36 13.97

Competitive Comparison of Whats Cooking Group NV/SA's Days Inventory

For the Packaged Foods subindustry, Whats Cooking Group NV/SA'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.


Whats Cooking Group NV/SA's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whats Cooking Group NV/SA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Whats Cooking Group NV/SA's Days Inventory falls into.



Whats Cooking Group NV/SA Days Inventory Calculation

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

Whats Cooking Group NV/SA'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
=( (38.596 + 46.889) / 2 ) / 615.884*365
=42.7425 / 615.884*365
=25.33

Whats Cooking Group NV/SA'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
=( (46.889 + 51.586) / 2 ) / 321.609*365 / 4
=49.2375 / 321.609*365 / 4
=13.97

* 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.


Whats Cooking Group NV/SA  (FRA:BD0) 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.

Whats Cooking Group NV/SA's Inventory Turnover for the three months ended in Jun. 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.

Whats Cooking Group NV/SA's Inventory to Revenue for the three months ended in Jun. 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.


Whats Cooking Group NV/SA Days Inventory Related Terms

Thank you for viewing the detailed overview of Whats Cooking Group NV/SA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Whats Cooking Group NV/SA (FRA:BD0) Business Description

Traded in Other Exchanges
Address
Beke 1, East Flanders, Lievegem, BEL, 9950
Whats Cooking Group NV/SA is a fresh savoury food group. It commercializes in Europe and beyond a wide range of high-quality and innovative savoury cold cuts and ready meal food products and related services.

Whats Cooking Group NV/SA (FRA:BD0) Headlines

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