The Fresh Factory B.C. (TSXV:FRSH) Days Inventory : 21.80 (As of Dec. 2023)

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What is The Fresh Factory B.C. Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Fresh Factory B.C.'s Average Total Inventories for the three months ended in Dec. 2023 was C$2.26 Mil. The Fresh Factory B.C.'s Cost of Goods Sold for the three months ended in Dec. 2023 was C$9.48 Mil. Hence, The Fresh Factory B.C.'s Days Inventory for the three months ended in Dec. 2023 was 21.80.

The historical rank and industry rank for The Fresh Factory B.C.'s Days Inventory or its related term are showing as below:

TSXV:FRSH' s Days Inventory Range Over the Past 10 Years
Min: 19.2 Med: 20.57 Max: 33.2
Current: 25.66

During the past 3 years, The Fresh Factory B.C.'s highest Days Inventory was 33.20. The lowest was 19.20. And the median was 20.57.

TSXV:FRSH's Days Inventory is ranked better than
91.82% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 81.92 vs TSXV:FRSH: 25.66

The Fresh Factory B.C.'s Days Inventory declined from Dec. 2022 (22.01) to Dec. 2023 (21.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Fresh Factory B.C.'s Inventory Turnover for the three months ended in Dec. 2023 was 4.19.

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. The Fresh Factory B.C.'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.

The Fresh Factory B.C. Days Inventory Historical Data

The historical data trend for The Fresh Factory B.C.'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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The Fresh Factory B.C. Days Inventory Chart

The Fresh Factory B.C. Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

33.20

19.20

20.57

The Fresh Factory B.C. Quarterly Data
	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							22.01	23.41	30.40	34.65	21.80

Competitive Comparison of The Fresh Factory B.C.'s Days Inventory

For the Packaged Foods subindustry, The Fresh Factory B.C.'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.

The Fresh Factory B.C.'s Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Fresh Factory B.C.'s Days Inventory distribution charts can be found below:

* The bar in red indicates where The Fresh Factory B.C.'s Days Inventory falls into.

The Fresh Factory B.C. Days Inventory Calculation

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

The Fresh Factory B.C.'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
=	( (1.451	+	1.838)	/	2 )	/	29.185	*	365
=	1.6445					/	29.185	*	365
=	20.57

The Fresh Factory B.C.'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
=	( (2.69	+	1.838)	/	2 )	/	9.477	*	365 / 4
=	2.264					/	9.477	*	365 / 4
=	21.80

The Fresh Factory B.C. (TSXV:FRSH) 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.

The Fresh Factory B.C.'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.477	/	2.264
	=	4.19

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.

The Fresh Factory B.C.'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.264	/	8.622
	=	0.26

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.

The Fresh Factory B.C. Days Inventory Related Terms

Thank you for viewing the detailed overview of The Fresh Factory B.C.'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

The Fresh Factory B.C. (TSXV:FRSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Fresh Factory B.C. Ltd (TSXV:FRSH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

238 Tubeway Drive, Carol Stream, IL, USA, 60188

Website

https://www.thefreshfactory.co

The Fresh Factory B.C. Ltd is a vertically integrated company focused on accelerating the growth of plant-based and clean-label food and beverage brands. It owns or partners with emerging brands in the plant-based food and beverage space to develop, formulate, manufacture, distribute and sell products made from fresh produce and recognizable ingredients.