The historical rank and industry rank for Berry Global Group's Days Inventory or its related term are showing as below:
STU:BP0'
s Days Inventory Range Over the Past 10 Years
Min: 41.47 Med: 51.13 Max: 62.19
Current: 62.19
During the past 13 years, Berry Global Group's highest Days Inventory was 62.19. The lowest was 41.47. And the median was 51.13.
STU:BP0's Days Inventory is ranked better than 66.76% of 367
companies
in the Packaging & Containers industry
Industry Median: 77.88
vs STU:BP0: 62.19
Berry Global Group's Days Inventory
declined
from Mar. 2023 (64.39) to Mar. 2024 (61.42).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Berry Global Group's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.49.
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.
Berry Global Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.55.
Berry Global Group Days Inventory Historical Data
The historical data trend for Berry Global Group'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 Berry Global Group's Days Inventory
For the Packaging & Containers subindustry, Berry Global Group'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.
Berry Global Group's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Berry Global Group's Days Inventory falls into.
Berry Global Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Berry Global Group'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.
Berry Global Group (STU:BP0) 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.
Berry Global Group's Inventory Turnover for the
three
months ended in Mar. 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.
Berry Global Group's Inventory to Revenue for the
three
months ended in Mar. 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.
Berry Global Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Berry Global Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
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