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Diamond Foods Inc (NAS:DMND)
Days Inventory
105.73 (As of Apr. 2014)

Diamond Foods Inc's average inventory for the three months ended in Apr. 2014 was $169.4 Mil. Diamond Foods Inc's cost of goods sold for the three months ended in Apr. 2014 was $145.8 Mil. Hence, Diamond Foods Inc's days inventory for the three months ended in Apr. 2014 was 105.73.

Diamond Foods Inc's days inventory declined from Apr. 2013 (106.98) to Apr. 2014 (105.73).

Inventory can be measured by Days Sales of Inventory (DSI). Diamond Foods Inc's days sales of inventory (DSI) for the three months ended in Apr. 2014 was 80.76.

Inventory turnover measures how fast the company turns over its inventory within a year. Diamond Foods Inc's inventory turnover for the three months ended in Apr. 2014 was 0.86.

Inventory to revenue ratio 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. Diamond Foods Inc's inventory to revenue ratio for the three months ended in Apr. 2014 was 0.89.


Definition

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

Diamond Foods Inc's Days Inventory for the fiscal year that ended in Jul. 2013 is calculated as

Days Inventory
=( (Inventory (A: Jul. 2012 )+Inventory (A: Jul. 2013 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (165.708+115.456)/ 2 )/658.489*365
=140.582/658.489*365
=77.92

Diamond Foods Inc's Days Inventory for the quarter that ended in Apr. 2014 is calculated as:

Days Inventory
=( (Inventory (Q: Jan. 2014 )+Inventory (Q: Apr. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (176.041+162.765)/ 2 )/145.796*91
=169.403/145.796*91
=105.73

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Diamond Foods Inc's Days Sales of Inventory for the three months ended in Apr. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=169.403/190.892*91
=80.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Diamond Foods Inc's Inventory Turnover for the three months ended in Apr. 2014 is calculated as

3. 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.

Diamond Foods Inc's Inventory to Revenue for the three months ended in Apr. 2014 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=169.403 / 190.892
=0.89

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Diamond Foods Inc Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysInventory 106.1093.2678.0273.7272.7577.5670.3070.8677.9232.07

Diamond Foods Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysInventory 110.5891.8090.51110.66106.9882.5283.28106.13105.7343.62
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