Armanino Foods of Distinction (Armanino Foods of Distinction) Days Inventory : 77.36 (As of Sep. 2023)

Armanino Foods of Distinction Days Inventory Chart

Armanino Foods of Distinction Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Days Inventory		Get a 7-Day Free Trial					54.18	55.73	60.93	67.63	52.38

Armanino Foods of Distinction Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23
Days Inventory	Get a 7-Day Free Trial															51.15	61.29	53.26	57.18	77.36

Competitive Comparison of Armanino Foods of Distinction's Days Inventory

For the Packaged Foods subindustry, Armanino Foods of Distinction'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.

Armanino Foods of Distinction's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Armanino Foods of Distinction's Days Inventory distribution charts can be found below:

* The bar in red indicates where Armanino Foods of Distinction's Days Inventory falls into.

Armanino Foods of Distinction Days Inventory Calculation

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

Armanino Foods of Distinction's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Armanino Foods of Distinction's Days Inventory for the quarter 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.

Armanino Foods of Distinction  (OTCPK:AMNF) 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.

Armanino Foods of Distinction's Inventory Turnover for the three months ended in Sep. 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.

Armanino Foods of Distinction's Inventory to Revenue for the three months 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.

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.

Armanino Foods of Distinction Days Inventory Related Terms

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

Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description