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Fleury Michon (XPAR:ALFLE) Days Inventory : 74.35 (As of Dec. 2023)


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What is Fleury Michon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fleury Michon's Average Total Inventories for the six months ended in Dec. 2023 was €84.7 Mil. Fleury Michon's Cost of Goods Sold for the six months ended in Dec. 2023 was €208.0 Mil. Hence, Fleury Michon's Days Inventory for the six months ended in Dec. 2023 was 74.35.

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

XPAR:ALFLE' s Days Inventory Range Over the Past 10 Years
Min: 54.85   Med: 62.55   Max: 73.24
Current: 69.53

During the past 13 years, Fleury Michon's highest Days Inventory was 73.24. The lowest was 54.85. And the median was 62.55.

XPAR:ALFLE's Days Inventory is ranked better than
59.01% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.22 vs XPAR:ALFLE: 69.53

Fleury Michon's Days Inventory increased from Dec. 2022 (68.63) to Dec. 2023 (74.35). It might indicate that Fleury Michon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fleury Michon's Inventory Turnover for the six months ended in Dec. 2023 was 2.45.

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. Fleury Michon's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.20.


Fleury Michon Days Inventory Historical Data

The historical data trend for Fleury Michon'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.

Fleury Michon Days Inventory Chart

Fleury Michon 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 61.79 69.69 73.24 61.39 64.28

Fleury Michon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 68.98 67.61 68.63 70.20 74.35

Competitive Comparison of Fleury Michon's Days Inventory

For the Packaged Foods subindustry, Fleury Michon'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.


Fleury Michon's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fleury Michon's Days Inventory falls into.



Fleury Michon Days Inventory Calculation

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

Fleury Michon'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
=( (82.265 + 72.881) / 2 ) / 440.448*365
=77.573 / 440.448*365
=64.28

Fleury Michon'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (96.572 + 72.881) / 2 ) / 207.979*365 / 2
=84.7265 / 207.979*365 / 2
=74.35

* 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.


Fleury Michon  (XPAR:ALFLE) 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.

Fleury Michon's Inventory Turnover for the six 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.

Fleury Michon's Inventory to Revenue for the six 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.


Fleury Michon Days Inventory Related Terms

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Fleury Michon (XPAR:ALFLE) Business Description

Traded in Other Exchanges
Address
La Gare, BP 1, Pouzauges, FRA, 85700
Fleury Michon is a food company. It produces freshly prepared meal products for everyday eating. The firm's products include pork hams, poultry cuts, ready to eat charcuterie, individually prepared meals, and boxed meals and surimi. The company markets and sells its products under Fleury Michon brand name.

Fleury Michon (XPAR:ALFLE) Headlines

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