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Associated British Foods (LSE:ABF) Days Inventory : 0.00 (As of Feb. 2024)


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What is Associated British Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Associated British Foods's Average Total Inventories for the six months ended in Feb. 2024 was £3,277 Mil. Associated British Foods's Cost of Goods Sold for the six months ended in Feb. 2024 was £0 Mil.

The historical rank and industry rank for Associated British Foods's Days Inventory or its related term are showing as below:

LSE:ABF' s Days Inventory Range Over the Past 10 Years
Min: 63.98   Med: 71.23   Max: 79.29
Current: 78.1

During the past 13 years, Associated British Foods's highest Days Inventory was 79.29. The lowest was 63.98. And the median was 71.23.

LSE:ABF's Days Inventory is ranked better than
52.21% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs LSE:ABF: 78.10

Associated British Foods's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Associated British Foods's Inventory Turnover for the six months ended in Feb. 2024 was 0.00.

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. Associated British Foods's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.34.


Associated British Foods Days Inventory Historical Data

The historical data trend for Associated British Foods'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.

Associated British Foods Days Inventory Chart

Associated British Foods Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.00 79.29 75.66 77.31 78.10

Associated British Foods Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - - - -

Competitive Comparison of Associated British Foods's Days Inventory

For the Packaged Foods subindustry, Associated British Foods'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.


Associated British Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Associated British Foods's Days Inventory falls into.



Associated British Foods Days Inventory Calculation

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

Associated British Foods's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (3364 + 3306) / 2 ) / 15587*365
=3335 / 15587*365
=78.10

Associated British Foods's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (3306 + 3248) / 2 ) / 0*365 / 2
=3277 / 0*365 / 2
=N/A

* 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.


Associated British Foods  (LSE:ABF) 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.

Associated British Foods's Inventory Turnover for the six months ended in Feb. 2024 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.

Associated British Foods's Inventory to Revenue for the six months ended in Feb. 2024 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.


Associated British Foods Days Inventory Related Terms

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


Associated British Foods (LSE:ABF) Business Description

Traded in Other Exchanges
Address
10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

Associated British Foods (LSE:ABF) Headlines

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