Marley Spoon SE (ASX:MMM) Days Inventory : 15.67 (As of Dec. 2023)

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What is Marley Spoon SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marley Spoon SE's Average Total Inventories for the six months ended in Dec. 2023 was A$18.3 Mil. Marley Spoon SE's Cost of Goods Sold for the six months ended in Dec. 2023 was A$212.9 Mil. Hence, Marley Spoon SE's Days Inventory for the six months ended in Dec. 2023 was 15.67.

The historical rank and industry rank for Marley Spoon SE's Days Inventory or its related term are showing as below:

ASX:MMM' s Days Inventory Range Over the Past 10 Years
Min: 10.67 Med: 14.3 Max: 19.09
Current: 19.09

During the past 7 years, Marley Spoon SE's highest Days Inventory was 19.09. The lowest was 10.67. And the median was 14.30.

ASX:MMM's Days Inventory is ranked worse than
57.1% of 338 companies
in the Restaurants industry
Industry Median: 15.59 vs ASX:MMM: 19.09

Marley Spoon SE's Days Inventory increased from Dec. 2022 (14.31) to Dec. 2023 (15.67). It might indicate that Marley Spoon SE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marley Spoon SE's Inventory Turnover for the six months ended in Dec. 2023 was 11.65.

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. Marley Spoon SE's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.07.

Marley Spoon SE Days Inventory Historical Data

The historical data trend for Marley Spoon SE'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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Marley Spoon SE Days Inventory Chart

Marley Spoon SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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13.72

10.67

13.08

14.87

18.09

Marley Spoon SE Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						11.15	17.66	14.31	25.02	15.67

Competitive Comparison of Marley Spoon SE's Days Inventory

For the Restaurants subindustry, Marley Spoon SE'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.

Marley Spoon SE's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Marley Spoon SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marley Spoon SE's Days Inventory falls into.

Marley Spoon SE Days Inventory Calculation

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

Marley Spoon SE'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
=	( (20.604	+	15.645)	/	2 )	/	365.66	*	365
=	18.1245					/	365.66	*	365
=	18.09

Marley Spoon SE'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
=	( (20.904	+	15.645)	/	2 )	/	212.882	*	365 / 2
=	18.2745					/	212.882	*	365 / 2
=	15.67

Marley Spoon SE (ASX:MMM) 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.

Marley Spoon SE's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	212.882	/	18.2745
	=	11.65

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.

Marley Spoon SE's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.2745	/	246.13
	=	0.07

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.

Marley Spoon SE Days Inventory Related Terms

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

Marley Spoon SE (ASX:MMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Marley Spoon SE (ASX:MMM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

7M6A:Germany

Address

Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999

Website

https://www.marleyspoon.de

Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.