Lassonde Industries (TSX:LAS.A) Days Inventory : 77.53 (As of Dec. 2023)

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What is Lassonde Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lassonde Industries's Average Total Inventories for the three months ended in Dec. 2023 was C$384 Mil. Lassonde Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was C$452 Mil. Hence, Lassonde Industries's Days Inventory for the three months ended in Dec. 2023 was 77.53.

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

TSX:LAS.A' s Days Inventory Range Over the Past 10 Years
Min: 66.71 Med: 73.59 Max: 86.41
Current: 86.41

During the past 13 years, Lassonde Industries's highest Days Inventory was 86.41. The lowest was 66.71. And the median was 73.59.

TSX:LAS.A's Days Inventory is ranked worse than
69.44% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 66.17 vs TSX:LAS.A: 86.41

Lassonde Industries's Days Inventory declined from Dec. 2022 (83.97) to Dec. 2023 (77.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lassonde Industries's Inventory Turnover for the three months ended in Dec. 2023 was 1.18.

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. Lassonde Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.64.

Lassonde Industries Days Inventory Historical Data

The historical data trend for Lassonde Industries'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.

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Lassonde Industries Days Inventory Chart

Lassonde Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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74.02

66.71

75.93

81.16

84.60

Lassonde Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															83.97	93.43	92.06	85.24	77.53

Competitive Comparison of Lassonde Industries's Days Inventory

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.

Lassonde Industries's Days Inventory Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's Days Inventory distribution charts can be found below:

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

Lassonde Industries Days Inventory Calculation

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

Lassonde Industries'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
=	( (414.043	+	386.619)	/	2 )	/	1727.231	*	365
=	400.331					/	1727.231	*	365
=	84.60

Lassonde Industries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (381.928	+	386.619)	/	2 )	/	452.259	*	365 / 4
=	384.2735					/	452.259	*	365 / 4
=	77.53

Lassonde Industries (TSX:LAS.A) 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.

Lassonde Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	452.259	/	384.2735
	=	1.18

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.

Lassonde Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	384.2735	/	604.775
	=	0.64

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.

Lassonde Industries Days Inventory Related Terms

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

Lassonde Industries (TSX:LAS.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lassonde Industries Inc (TSX:LAS.A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LSDAF:USA 0OO:Germany

Address

755 Principale Street, Rougemont, QC, CAN, J0L 1M0

Website

https://www.lassonde.com

Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (TSX:LAS.A) Headlines

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