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Farmer Bros Co (Farmer Bros Co) Days Inventory : 93.88 (As of Dec. 2023)


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What is Farmer Bros Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Farmer Bros Co's Average Total Inventories for the three months ended in Dec. 2023 was $54.9 Mil. Farmer Bros Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $53.3 Mil. Hence, Farmer Bros Co's Days Inventory for the three months ended in Dec. 2023 was 93.88.

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

FARM' s Days Inventory Range Over the Past 10 Years
Min: 47.38   Med: 81.13   Max: 178.68
Current: 178.68

During the past 13 years, Farmer Bros Co's highest Days Inventory was 178.68. The lowest was 47.38. And the median was 81.13.

FARM's Days Inventory is ranked worse than
83.32% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs FARM: 178.68

Farmer Bros Co's Days Inventory declined from Dec. 2022 (141.29) to Dec. 2023 (93.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Farmer Bros Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.97.

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. Farmer Bros Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


Farmer Bros Co Days Inventory Historical Data

The historical data trend for Farmer Bros 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.

Farmer Bros Co Days Inventory Chart

Farmer Bros Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.21 78.04 158.41 135.50 86.53

Farmer Bros Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 141.29 79.15 - 92.47 93.88

Competitive Comparison of Farmer Bros Co's Days Inventory

For the Packaged Foods subindustry, Farmer Bros 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.


Farmer Bros Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Farmer Bros Co's Days Inventory falls into.



Farmer Bros Co Days Inventory Calculation

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

Farmer Bros Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (57.568 + 49.276) / 2 ) / 225.351*365
=53.422 / 225.351*365
=86.53

Farmer Bros Co'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (54.291 + 55.469) / 2 ) / 53.344*365 / 4
=54.88 / 53.344*365 / 4
=93.88

* 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.


Farmer Bros Co  (NAS:FARM) 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.

Farmer Bros Co's Inventory Turnover for the three 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.

Farmer Bros Co's Inventory to Revenue for the three 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.


Farmer Bros Co Days Inventory Related Terms

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


Farmer Bros Co (Farmer Bros Co) Business Description

Traded in Other Exchanges
Address
1912 Farmer Brothers Drive, Northlake, TX, USA, 76262
Farmer Bros Co is engaged in manufacturing, wholesaling, and distributing coffee, tea, and culinary products to food-service establishments and retailers in the United States. The company's customers include restaurants, hotels, offices, casinos, convenience stores, healthcare facilities, and other food-service providers. The company's product categories consist of roast and ground coffee, frozen liquid coffee, flavoured and unflavored iced and hot teas, culinary products, spices, and other beverages including cappuccino, cocoa, granitas, and ready-to-drink iced coffee. The products are sold under the brands of Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, and China Mist.
Executives
David Pace director
Brad Bollner officer: Interim CFO 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Thomas E. Bauer officer: Vice President, Head of DSD 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Moore John E. Iii officer: Vice President, Head of Coffee 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Moragne Maurice S.j. officer: Chief Sales Officer 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Family Foundation Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Todd E Diener other: See Footnote 1
Jcp Investment Management, Llc other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Holdings, Llc other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
22nw Gp, Inc. 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107