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Reynolds Consumer Products (FRA:3ZT) Days Inventory : 72.83 (As of Dec. 2023)


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What is Reynolds Consumer Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reynolds Consumer Products's Average Total Inventories for the three months ended in Dec. 2023 was €510 Mil. Reynolds Consumer Products's Cost of Goods Sold for the three months ended in Dec. 2023 was €639 Mil. Hence, Reynolds Consumer Products's Days Inventory for the three months ended in Dec. 2023 was 72.83.

The historical rank and industry rank for Reynolds Consumer Products's Days Inventory or its related term are showing as below:

FRA:3ZT' s Days Inventory Range Over the Past 10 Years
Min: 63.2   Med: 66.7   Max: 80.89
Current: 80.89

During the past 8 years, Reynolds Consumer Products's highest Days Inventory was 80.89. The lowest was 63.20. And the median was 66.70.

FRA:3ZT's Days Inventory is ranked worse than
53.01% of 366 companies
in the Packaging & Containers industry
Industry Median: 78.265 vs FRA:3ZT: 80.89

Reynolds Consumer Products's Days Inventory declined from Dec. 2022 (85.27) to Dec. 2023 (72.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Reynolds Consumer Products's Inventory Turnover for the three months ended in Dec. 2023 was 1.25.

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. Reynolds Consumer Products's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.55.


Reynolds Consumer Products Days Inventory Historical Data

The historical data trend for Reynolds Consumer Products'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.

Reynolds Consumer Products Days Inventory Chart

Reynolds Consumer Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 70.98 69.87 64.63 76.13 82.19

Reynolds Consumer Products 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 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 85.27 89.58 83.57 78.54 72.83

Competitive Comparison of Reynolds Consumer Products's Days Inventory

For the Packaging & Containers subindustry, Reynolds Consumer Products'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.


Reynolds Consumer Products's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Reynolds Consumer Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Reynolds Consumer Products's Days Inventory falls into.



Reynolds Consumer Products Days Inventory Calculation

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

Reynolds Consumer Products'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
=( (681.568 + 480.508) / 2 ) / 2580.438*365
=581.038 / 2580.438*365
=82.19

Reynolds Consumer Products'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
=( (539.712 + 480.508) / 2 ) / 639.149*365 / 4
=510.11 / 639.149*365 / 4
=72.83

* 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.


Reynolds Consumer Products  (FRA:3ZT) 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.

Reynolds Consumer Products'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.

Reynolds Consumer Products'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.


Reynolds Consumer Products Days Inventory Related Terms

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


Reynolds Consumer Products (FRA:3ZT) Business Description

Traded in Other Exchanges
Address
1900 W. Field Court, Lake Forest, IL, USA, 60045
Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.

Reynolds Consumer Products (FRA:3ZT) Headlines

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