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Makarony Polskie (WAR:MAK) Days Inventory : 44.89 (As of Dec. 2023)


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What is Makarony Polskie Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Makarony Polskie's Average Total Inventories for the three months ended in Dec. 2023 was zł30.6 Mil. Makarony Polskie's Cost of Goods Sold for the three months ended in Dec. 2023 was zł62.2 Mil. Hence, Makarony Polskie's Days Inventory for the three months ended in Dec. 2023 was 44.89.

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

WAR:MAK' s Days Inventory Range Over the Past 10 Years
Min: 40.97   Med: 51.78   Max: 59.97
Current: 53.84

During the past 13 years, Makarony Polskie's highest Days Inventory was 59.97. The lowest was 40.97. And the median was 51.78.

WAR:MAK's Days Inventory is ranked better than
72% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.175 vs WAR:MAK: 53.84

Makarony Polskie's Days Inventory declined from Dec. 2022 (50.69) to Dec. 2023 (44.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Makarony Polskie's Inventory Turnover for the three months ended in Dec. 2023 was 2.03.

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. Makarony Polskie's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.35.


Makarony Polskie Days Inventory Historical Data

The historical data trend for Makarony Polskie'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.

Makarony Polskie Days Inventory Chart

Makarony Polskie Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.10 54.55 59.97 47.00 51.99

Makarony Polskie 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 50.69 60.74 55.27 55.74 44.89

Competitive Comparison of Makarony Polskie's Days Inventory

For the Packaged Foods subindustry, Makarony Polskie'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.


Makarony Polskie's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Makarony Polskie's Days Inventory falls into.



Makarony Polskie Days Inventory Calculation

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

Makarony Polskie'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
=( (44.481 + 28.719) / 2 ) / 256.942*365
=36.6 / 256.942*365
=51.99

Makarony Polskie'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
=( (32.498 + 28.719) / 2 ) / 62.214*365 / 4
=30.6085 / 62.214*365 / 4
=44.89

* 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.


Makarony Polskie  (WAR:MAK) 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.

Makarony Polskie'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.

Makarony Polskie'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.


Makarony Polskie Days Inventory Related Terms

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


Makarony Polskie (WAR:MAK) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Podkarpacka 15a, Rzeszow, POL, 35-082
Makarony Polskie SA is a Poland based company involved in manufacturing pasta products. The company's segments include Pasta; Meat and vegetable preserves; Vegetable and fruit preserves and other. It generates maximum revenue from the Pasta segment. Some of its products include spirals, elbows, farfalle, threads, shells, spaghetti, ribbons, waves, and others.

Makarony Polskie (WAR:MAK) Headlines

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