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Nabati Foods Global (Nabati Foods Global) Days Inventory : 0.00 (As of Sep. 2023)


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What is Nabati Foods Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nabati Foods Global's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Nabati Foods Global's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil.

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

MEALF' s Days Inventory Range Over the Past 10 Years
Min: 14.38   Med: 120.5   Max: 14965
Current: 14965

During the past 3 years, Nabati Foods Global's highest Days Inventory was 14965.00. The lowest was 14.38. And the median was 120.50.

MEALF's Days Inventory is ranked worse than
99.83% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs MEALF: 14965.00

Nabati Foods Global's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

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.

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.


Nabati Foods Global Days Inventory Historical Data

The historical data trend for Nabati Foods Global'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.

Nabati Foods Global Days Inventory Chart

Nabati Foods Global Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
119.67 14.35 227.53

Nabati Foods Global Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3,741.25 - - -

Competitive Comparison of Nabati Foods Global's Days Inventory

For the Packaged Foods subindustry, Nabati Foods Global'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.


Nabati Foods Global's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nabati Foods Global's Days Inventory falls into.



Nabati Foods Global Days Inventory Calculation

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

Nabati Foods Global'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
=( (0.192 + 0) / 1 ) / 0.308*365
=0.192 / 0.308*365
=227.53

Nabati Foods Global's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Nabati Foods Global  (OTCPK:MEALF) 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.

Nabati Foods Global's Inventory Turnover for the three months ended in Sep. 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.

Nabati Foods Global's Inventory to Revenue for the three months ended in Sep. 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.


Nabati Foods Global Days Inventory Related Terms

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


Nabati Foods Global (Nabati Foods Global) Business Description

Traded in Other Exchanges
Address
1570 - 505 Burrard Street, Vancouver, BC, CAN, V7X 1M5
Nabati Foods Global Inc is an plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

Nabati Foods Global (Nabati Foods Global) Headlines

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