Days Inventory is also known as Days Sales of Inventory (DSI). Odd Burger's Average Total Inventories for the
three
months ended in Dec. 2023 was C$0.20 Mil. Odd Burger's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$0.49 Mil.
Hence, Odd Burger's Days Inventory for the
three
months ended in Dec. 2023 was 37.41.
The historical rank and industry rank for Odd Burger's Days Inventory or its related term are showing as below:
TSXV:ODD'
s Days Inventory Range Over the Past 10 Years
Min: 23.35 Med: 30.79 Max: 34.89
Current: 34.89
During the past 4 years, Odd Burger's highest Days Inventory was 34.89. The lowest was 23.35. And the median was 30.79.
TSXV:ODD's Days Inventory is ranked worse than 75.96% of 337
companies
in the Restaurants industry
Industry Median: 15.57
vs TSXV:ODD: 34.89
Odd Burger's Days Inventory
increased
from Dec. 2022 (27.29) to Dec. 2023 (37.41).
It might indicate that Odd Burger's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Odd Burger's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.44.
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.
Odd Burger's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.27.
Odd Burger Days Inventory Historical Data
The historical data trend for Odd Burger'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.
Competitive Comparison of Odd Burger's Days Inventory
For the Restaurants subindustry, Odd Burger'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.
Odd Burger's Days Inventory Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Days Inventory distribution charts can be found below:
* The bar in red indicates where Odd Burger's Days Inventory falls into.
Odd Burger Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Odd Burger's Days Inventory for the fiscal year that 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.
Odd Burger (TSXV:ODD) 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.
Odd Burger's Inventory Turnover for the
three
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.
Odd Burger's Inventory to Revenue for the
three
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.
Odd Burger Days Inventory Related Terms
Thank you for viewing the detailed overview of Odd Burger's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.
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