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Wildpack Beverage (TSXV:CANS) Days Inventory : 36.91 (As of Sep. 2023)


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What is Wildpack Beverage Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wildpack Beverage's Average Total Inventories for the three months ended in Sep. 2023 was C$7.40 Mil. Wildpack Beverage's Cost of Goods Sold for the three months ended in Sep. 2023 was C$18.30 Mil. Hence, Wildpack Beverage's Days Inventory for the three months ended in Sep. 2023 was 36.91.

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

TSXV:CANS' s Days Inventory Range Over the Past 10 Years
Min: 39.09   Med: 108.84   Max: 146
Current: 39.09

During the past 2 years, Wildpack Beverage's highest Days Inventory was 146.00. The lowest was 39.09. And the median was 108.84.

TSXV:CANS's Days Inventory is ranked worse than
54.93% of 679 companies
in the Business Services industry
Industry Median: 29.67 vs TSXV:CANS: 39.09

Wildpack Beverage's Days Inventory declined from Sep. 2022 (76.81) to Sep. 2023 (36.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wildpack Beverage's Inventory Turnover for the three months ended in Sep. 2023 was 2.47.

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. Wildpack Beverage's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.37.


Wildpack Beverage Days Inventory Historical Data

The historical data trend for Wildpack Beverage'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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Wildpack Beverage Days Inventory Chart

Wildpack Beverage Annual Data
Trend Dec21 Dec22
Days Inventory
146.00 71.67

Wildpack Beverage Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only 76.81 43.73 34.25 34.71 36.91

Competitive Comparison of Wildpack Beverage's Days Inventory

For the Specialty Business Services subindustry, Wildpack Beverage'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.


Wildpack Beverage's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wildpack Beverage's Days Inventory distribution charts can be found below:

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



Wildpack Beverage Days Inventory Calculation

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

Wildpack Beverage'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
=( (13.659 + 6.591) / 2 ) / 51.566*365
=10.125 / 51.566*365
=71.67

Wildpack Beverage'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
=( (7.075 + 7.733) / 2 ) / 18.303*365 / 4
=7.404 / 18.303*365 / 4
=36.91

* 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.


Wildpack Beverage  (TSXV:CANS) 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.

Wildpack Beverage'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.

Wildpack Beverage'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.


Wildpack Beverage Days Inventory Related Terms

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


Wildpack Beverage (TSXV:CANS) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Wildpack Beverage Inc is engaged in the Beverage Packaging and Production Industry. Its business activities include filling and decorating aluminum cans, along with brokering packaging materials and printing labels and sleeves for the United States beverage market. The Company has four reportable segments, being can, filling, decorating, brokering, and corporate It earns revenue from the sale of aluminum cans, decorated packaging materials, and the provision of beverage filling services to its customers.

Wildpack Beverage (TSXV:CANS) Headlines

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