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Hilton Food Group (LSE:HFG) Days Inventory : 20.43 (As of Dec. 2023)


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What is Hilton Food Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hilton Food Group's Average Total Inventories for the six months ended in Dec. 2023 was £186 Mil. Hilton Food Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,658 Mil. Hence, Hilton Food Group's Days Inventory for the six months ended in Dec. 2023 was 20.43.

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

LSE:HFG' s Days Inventory Range Over the Past 10 Years
Min: 7.18   Med: 16.12   Max: 20.21
Current: 19.75

During the past 13 years, Hilton Food Group's highest Days Inventory was 20.21. The lowest was 7.18. And the median was 16.12.

LSE:HFG's Days Inventory is ranked better than
94.74% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs LSE:HFG: 19.75

Hilton Food Group's Days Inventory declined from Dec. 2022 (21.39) to Dec. 2023 (20.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hilton Food Group's Inventory Turnover for the six months ended in Dec. 2023 was 8.93.

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. Hilton Food Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Hilton Food Group Days Inventory Historical Data

The historical data trend for Hilton Food Group'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.

Hilton Food Group Days Inventory Chart

Hilton Food Group 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 20.21 15.50 16.73 19.13 19.82

Hilton Food Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 19.89 16.58 21.39 19.11 20.43

Competitive Comparison of Hilton Food Group's Days Inventory

For the Packaged Foods subindustry, Hilton Food Group'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.


Hilton Food Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hilton Food Group's Days Inventory falls into.



Hilton Food Group Days Inventory Calculation

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

Hilton Food Group'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
=( (206.729 + 179.741) / 2 ) / 3559.185*365
=193.235 / 3559.185*365
=19.82

Hilton Food Group'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (191.386 + 179.741) / 2 ) / 1657.838*365 / 2
=185.5635 / 1657.838*365 / 2
=20.43

* 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.


Hilton Food Group  (LSE:HFG) 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.

Hilton Food Group's Inventory Turnover for the six months ended in Dec. 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.

Hilton Food Group's Inventory to Revenue for the six months ended in Dec. 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.


Hilton Food Group Days Inventory Related Terms

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


Hilton Food Group (LSE:HFG) Business Description

Traded in Other Exchanges
Address
Latham Road, 2-8 The Interchange, Huntingdon, Cambridgeshire, GBR, PE29 6YE
Hilton Food Group PLC is engaged in the specialist retail meat-packing business supplying international food retailers in Europe, Australia, and New Zealand. It is into wholesaling of food protein products including meat, seafood, and vegetarian. The company has three operating segments, namely Europe (which consists of The United Kingdom, Netherlands, Belgium, the Republic of Ireland, Sweden, Denmark, Central Europe including Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, and Estonia, and Portugal), APAC, and Central costs. The company derives a majority of its revenue from the European Countries.

Hilton Food Group (LSE:HFG) Headlines

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