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Royal UNIBREW A/S (OCSE:RBREW) Days Inventory : 65.98 (As of Mar. 2024)


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What is Royal UNIBREW A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Royal UNIBREW A/S's Average Total Inventories for the three months ended in Mar. 2024 was kr1,415 Mil. Royal UNIBREW A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,957 Mil. Hence, Royal UNIBREW A/S's Days Inventory for the three months ended in Mar. 2024 was 65.98.

The historical rank and industry rank for Royal UNIBREW A/S's Days Inventory or its related term are showing as below:

OCSE:RBREW' s Days Inventory Range Over the Past 10 Years
Min: 39.01   Med: 43.18   Max: 64.71
Current: 64.71

During the past 13 years, Royal UNIBREW A/S's highest Days Inventory was 64.71. The lowest was 39.01. And the median was 43.18.

OCSE:RBREW's Days Inventory is ranked better than
82.13% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs OCSE:RBREW: 64.71

Royal UNIBREW A/S's Days Inventory declined from Mar. 2023 (77.24) to Mar. 2024 (65.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal UNIBREW A/S's Inventory Turnover for the three months ended in Mar. 2024 was 1.38.

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. Royal UNIBREW A/S's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.44.


Royal UNIBREW A/S Days Inventory Historical Data

The historical data trend for Royal UNIBREW A/S'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.

Royal UNIBREW A/S Days Inventory Chart

Royal UNIBREW A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.61 49.50 52.72 54.96 63.33

Royal UNIBREW A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 77.24 61.84 69.89 62.44 65.98

Competitive Comparison of Royal UNIBREW A/S's Days Inventory

For the Beverages - Brewers subindustry, Royal UNIBREW A/S'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.


Royal UNIBREW A/S's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal UNIBREW A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Royal UNIBREW A/S's Days Inventory falls into.



Royal UNIBREW A/S Days Inventory Calculation

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

Royal UNIBREW A/S's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1213 + 1401) / 2 ) / 7533*365
=1307 / 7533*365
=63.33

Royal UNIBREW A/S'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1401 + 1429) / 2 ) / 1957*365 / 4
=1415 / 1957*365 / 4
=65.98

* 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.


Royal UNIBREW A/S  (OCSE:RBREW) 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.

Royal UNIBREW A/S's Inventory Turnover for the three 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.

Royal UNIBREW A/S's Inventory to Revenue for the three 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.


Royal UNIBREW A/S Days Inventory Related Terms

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


Royal UNIBREW A/S (OCSE:RBREW) Business Description

Traded in Other Exchanges
Address
Faxe Alle 1, Faxe, DNK, DK-4640
Royal UNIBREW A/S produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

Royal UNIBREW A/S (OCSE:RBREW) Headlines

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