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Atlantic Grupa dd (ZAG:ATGR) Days Inventory : 72.38 (As of Mar. 2024)


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What is Atlantic Grupa dd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlantic Grupa dd's Average Total Inventories for the three months ended in Mar. 2024 was €115.7 Mil. Atlantic Grupa dd's Cost of Goods Sold for the three months ended in Mar. 2024 was €145.9 Mil. Hence, Atlantic Grupa dd's Days Inventory for the three months ended in Mar. 2024 was 72.38.

The historical rank and industry rank for Atlantic Grupa dd's Days Inventory or its related term are showing as below:

ZAG:ATGR' s Days Inventory Range Over the Past 10 Years
Min: 59.21   Med: 66.31   Max: 75.74
Current: 69.29

During the past 13 years, Atlantic Grupa dd's highest Days Inventory was 75.74. The lowest was 59.21. And the median was 66.31.

ZAG:ATGR's Days Inventory is ranked better than
59.01% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 81.945 vs ZAG:ATGR: 69.29

Atlantic Grupa dd's Days Inventory declined from Mar. 2023 (73.59) to Mar. 2024 (72.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlantic Grupa dd's Inventory Turnover for the three months ended in Mar. 2024 was 1.26.

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. Atlantic Grupa dd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Atlantic Grupa dd Days Inventory Historical Data

The historical data trend for Atlantic Grupa dd'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.

Atlantic Grupa dd Days Inventory Chart

Atlantic Grupa dd 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 59.21 66.85 67.35 62.77 60.04

Atlantic Grupa dd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 73.59 74.08 67.45 61.58 72.38

Competitive Comparison of Atlantic Grupa dd's Days Inventory

For the Packaged Foods subindustry, Atlantic Grupa dd'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.


Atlantic Grupa dd's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Atlantic Grupa dd's Days Inventory falls into.



Atlantic Grupa dd Days Inventory Calculation

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

Atlantic Grupa dd'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
=( (102.084 + 102.023) / 2 ) / 620.46*365
=102.0535 / 620.46*365
=60.04

Atlantic Grupa dd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (102.023 + 129.471) / 2 ) / 145.921*365 / 4
=115.747 / 145.921*365 / 4
=72.38

* 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.


Atlantic Grupa dd  (ZAG:ATGR) 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.

Atlantic Grupa dd'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.

Atlantic Grupa dd'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.


Atlantic Grupa dd Days Inventory Related Terms

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


Atlantic Grupa dd (ZAG:ATGR) Business Description

Traded in Other Exchanges
N/A
Address
Miramarska 23, Zagreb, HRV, 10000
Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

Atlantic Grupa dd (ZAG:ATGR) Headlines

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