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Branchout Food (Branchout Food) Days Inventory : 18.57 (As of Dec. 2023)


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What is Branchout Food Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Branchout Food's Average Total Inventories for the three months ended in Dec. 2023 was $0.34 Mil. Branchout Food's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.67 Mil. Hence, Branchout Food's Days Inventory for the three months ended in Dec. 2023 was 18.57.

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

BOF' s Days Inventory Range Over the Past 10 Years
Min: 26.73   Med: 80.4   Max: 203.54
Current: 26.73

During the past 4 years, Branchout Food's highest Days Inventory was 203.54. The lowest was 26.73. And the median was 80.40.

BOF's Days Inventory is ranked better than
91.55% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BOF: 26.73

Branchout Food's Days Inventory declined from Dec. 2022 (253.79) to Dec. 2023 (18.57).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Branchout Food's Inventory Turnover for the three months ended in Dec. 2023 was 4.91.

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. Branchout Food's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Branchout Food Days Inventory Historical Data

The historical data trend for Branchout Food'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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Branchout Food Days Inventory Chart

Branchout Food Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
203.54 88.82 71.97 31.04

Branchout Food Quarterly Data
Dec20 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 253.79 173.50 34.59 24.03 18.57

Competitive Comparison of Branchout Food's Days Inventory

For the Packaged Foods subindustry, Branchout Food'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.


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

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

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



Branchout Food Days Inventory Calculation

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

Branchout Food'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
=( (0.16 + 0.337) / 2 ) / 2.922*365
=0.2485 / 2.922*365
=31.04

Branchout Food'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
=( (0.341 + 0.337) / 2 ) / 1.666*365 / 4
=0.339 / 1.666*365 / 4
=18.57

* 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.


Branchout Food  (NAS:BOF) 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.

Branchout Food'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.

Branchout Food'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.


Branchout Food Days Inventory Related Terms

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


Branchout Food (Branchout Food) Business Description

Traded in Other Exchanges
N/A
Address
205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702
Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.
Executives
John Dalfonsi director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy director, officer: CEO 205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville director 205 SE DAVIS AVE, SUITE C, BEND OR 97702