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Cranswick (LSE:CWK) Days Inventory : 32.99 (As of Mar. 2024)


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What is Cranswick Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cranswick's Average Total Inventories for the six months ended in Mar. 2024 was £208 Mil. Cranswick's Cost of Goods Sold for the six months ended in Mar. 2024 was £1,153 Mil. Hence, Cranswick's Days Inventory for the six months ended in Mar. 2024 was 32.99.

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

LSE:CWK' s Days Inventory Range Over the Past 10 Years
Min: 22.39   Med: 25.54   Max: 33
Current: 33

During the past 13 years, Cranswick's highest Days Inventory was 33.00. The lowest was 22.39. And the median was 25.54.

LSE:CWK's Days Inventory is ranked better than
87.96% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs LSE:CWK: 33.00

Cranswick's Days Inventory declined from Mar. 2023 (33.59) to Mar. 2024 (32.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cranswick's Inventory Turnover for the six months ended in Mar. 2024 was 5.53.

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. Cranswick's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.15.


Cranswick Days Inventory Historical Data

The historical data trend for Cranswick'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.

Cranswick Days Inventory Chart

Cranswick Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.02 26.73 29.41 30.96 31.47

Cranswick Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 30.64 33.41 33.59 34.58 32.99

Competitive Comparison of Cranswick's Days Inventory

For the Packaged Foods subindustry, Cranswick'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.


Cranswick's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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



Cranswick Days Inventory Calculation

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

Cranswick's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (185.8 + 197.4) / 2 ) / 2222.4*365
=191.6 / 2222.4*365
=31.47

Cranswick's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (219.5 + 197.4) / 2 ) / 1153*365 / 2
=208.45 / 1153*365 / 2
=32.99

* 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.


Cranswick  (LSE:CWK) 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.

Cranswick's Inventory Turnover for the six months ended in Mar. 2024 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.

Cranswick's Inventory to Revenue for the six months ended in Mar. 2024 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.


Cranswick Days Inventory Related Terms

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


Cranswick (LSE:CWK) Business Description

Traded in Other Exchanges
Address
Ferriby Road, Crane Court, Hesslewood Country Office Park, East Yorkshire, Hessle, GBR, HU13 0PA
Cranswick PLC is a British supplier of fresh pork, sausages, cooked meats, pastry, and sandwiches through retail, food service, and manufacturing channels. The company operates through its food segment, which manufactures and supplies products to United Kingdom grocery retailers, the food-service sector, and other food producers. Retail customers contribute about three-fourths of the company's total revenue, through retailers' own-label products. Cranswick's operations are focused on the production and supply of premium food products and are located in the U.K., with a small proportion of exports. The company also owns pig-breeding and -rearing operations.