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Campbell Soup Co (Campbell Soup Co) Days Inventory : 68.65 (As of Jan. 2024)


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What is Campbell Soup Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Campbell Soup Co's Average Total Inventories for the three months ended in Jan. 2024 was $1,264 Mil. Campbell Soup Co's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,680 Mil. Hence, Campbell Soup Co's Days Inventory for the three months ended in Jan. 2024 was 68.65.

The historical rank and industry rank for Campbell Soup Co's Days Inventory or its related term are showing as below:

CPB' s Days Inventory Range Over the Past 10 Years
Min: 55.6   Med: 68.13   Max: 99.02
Current: 72.62

During the past 13 years, Campbell Soup Co's highest Days Inventory was 99.02. The lowest was 55.60. And the median was 68.13.

CPB's Days Inventory is ranked better than
56.46% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs CPB: 72.62

Campbell Soup Co's Days Inventory declined from Jan. 2023 (69.05) to Jan. 2024 (68.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Campbell Soup Co's Inventory Turnover for the three months ended in Jan. 2024 was 1.33.

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. Campbell Soup Co's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.51.


Campbell Soup Co Days Inventory Historical Data

The historical data trend for Campbell Soup Co'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.

Campbell Soup Co Days Inventory Chart

Campbell Soup Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.99 55.60 58.12 67.00 71.89

Campbell Soup Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 69.05 73.98 83.07 69.39 68.65

Competitive Comparison of Campbell Soup Co's Days Inventory

For the Packaged Foods subindustry, Campbell Soup Co'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.


Campbell Soup Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Campbell Soup Co's Days Inventory falls into.



Campbell Soup Co Days Inventory Calculation

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

Campbell Soup Co's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (1246 + 1291) / 2 ) / 6440*365
=1268.5 / 6440*365
=71.89

Campbell Soup Co's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (1340 + 1188) / 2 ) / 1680*365 / 4
=1264 / 1680*365 / 4
=68.65

* 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.


Campbell Soup Co  (NYSE:CPB) 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.

Campbell Soup Co's Inventory Turnover for the three months ended in Jan. 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.

Campbell Soup Co's Inventory to Revenue for the three months ended in Jan. 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.


Campbell Soup Co Days Inventory Related Terms

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


Campbell Soup Co (Campbell Soup Co) Business Description

Address
1 Campbell Place, Camden, NJ, USA, 08103-1799
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
Executives
Anthony Sanzio officer: Executive Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Stanley Polomski officer: Vice President and Controller ONE CAMPBELL PLACE, CAMDEN NJ 08103
Carrie L Anderson officer: Executive Vice President & CFO 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Adam Grey Ciongoli officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Bennett Jr Dorrance director 1, CAMPBELL PLACE, CAMDEN NJ 08103
Craig Slavtcheff officer: Senior Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Daniel L Poland officer: EVP, Chief Supply Chain Off. 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
May Diane Johnson officer: Executive VP & CHRO C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Valerie Oswalt officer: Executive Vice President 1 CAMPBELL PLACE, ATTN: LEGAL DEPARTMENT, CAMDEN NJ 08103
Mick J Beekhuizen officer: Senior Vice President & CFO C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Robert Furbee officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Randall W Larrimore director OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
Christopher Foley officer: Senior Vice President CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
John P Bilbrey director

Campbell Soup Co (Campbell Soup Co) Headlines