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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:
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.
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.
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.
Farmer Bros Co Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 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 | 141.29 | 79.15 | - | 92.47 | 93.88 |
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.
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.
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
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 53.344 | / | 54.88 | |
= | 0.97 |
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
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 54.88 | / | 89.453 | |
= | 0.61 |
* 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.
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.
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 |
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