Flowers Foods (Flowers Foods) Days Inventory

: 41.69 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Flowers Foods's Average Total Inventories for the three months ended in Dec. 2023 was $269 Mil. Flowers Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was $588 Mil. Hence, Flowers Foods's Days Inventory for the three months ended in Dec. 2023 was 41.69.

The historical rank and industry rank for Flowers Foods's Days Inventory or its related term are showing as below:

FLO' s Days Inventory Range Over the Past 10 Years
Min: 27.69 Med: 32.01 Max: 36.07
Current: 36.07

During the past 13 years, Flowers Foods's highest Days Inventory was 36.07. The lowest was 27.69. And the median was 32.01.

FLO's Days Inventory is ranked better than
86.56% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs FLO: 36.07

Flowers Foods's Days Inventory increased from Dec. 2022 (38.13) to Dec. 2023 (41.69). It might indicate that Flowers Foods's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flowers Foods's Inventory Turnover for the three months ended in Dec. 2023 was 2.19.

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. Flowers Foods's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.24.

Flowers Foods Days Inventory Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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32.36

32.23

33.29

32.52

35.58

Flowers Foods 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															38.13	28.88	37.39	39.33	41.69

Competitive Comparison

For the Packaged Foods subindustry, Flowers Foods'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.

Flowers Foods Days Inventory Distribution

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

* The bar in red indicates where Flowers Foods's Days Inventory falls into.

Flowers Foods Days Inventory Calculation

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

Flowers Foods's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (242.311	+	270.883)	/	2 )	/	2632.136	*	365
=	256.597					/	2632.136	*	365
=	35.58

Flowers Foods'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
=	( (266.15	+	270.883)	/	2 )	/	587.719	*	365 / 4
=	268.5165					/	587.719	*	365 / 4
=	41.69

Flowers Foods (NYSE:FLO) 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.

Flowers Foods's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	587.719	/	268.5165
	=	2.19

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.

Flowers Foods's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	268.5165	/	1129.027
	=	0.24

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.

Flowers Foods Days Inventory Related Terms

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

Flowers Foods (Flowers Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flowers Foods Inc (NYSE:FLO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FWF:Germany FWF:Germany

Address

1919 Flowers Circle, Thomasville, GA, USA, 31757

Website

https://www.flowersfoods.com

Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.

Executives

R Steve Kinsey	officer: EVP & Chief Financial Officer	301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman	officer: Chief Legal Counsel	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian	officer: Chief Strategy Officer	2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King	director	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney	officer: SVP Sales&Mkt Flowers Bakeries	16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox	officer: Chief Human Resources Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii	director	999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith	director	1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters	officer: Chief Supply Chain Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe	officer: Chief Transformation Officer	1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden	director	140 BROADWAY, NEW YORK NY 10005
Brad Cashaw	officer: Chief Supply Chain Officer	2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas	director	6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr.	director	835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101