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Bridgford Foods (Bridgford Foods) Days Inventory

: 93.88 (As of Jan. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Bridgford Foods's Average Total Inventories for the three months ended in Jan. 2024 was $39.9 Mil. Bridgford Foods's Cost of Goods Sold for the three months ended in Jan. 2024 was $38.8 Mil. Hence, Bridgford Foods's Days Inventory for the three months ended in Jan. 2024 was 93.88.

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

BRID' s Days Inventory Range Over the Past 10 Years
Min: 63.78   Med: 75.42   Max: 122.61
Current: 122.61

During the past 13 years, Bridgford Foods's highest Days Inventory was 122.61. The lowest was 63.78. And the median was 75.42.

BRID's Days Inventory is ranked worse than
70.52% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs BRID: 122.61

Bridgford Foods's Days Inventory increased from Jan. 2023 (81.26) to Jan. 2024 (93.88). It might indicate that Bridgford Foods's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bridgford Foods's Inventory Turnover for the three months ended in Jan. 2024 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. Bridgford Foods's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.73.


Bridgford Foods Days Inventory Historical Data

The historical data trend for Bridgford 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.

Bridgford Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.47 73.37 63.78 72.78 81.65

Bridgford Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 81.26 - - - 93.88

Competitive Comparison

For the Packaged Foods subindustry, Bridgford 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.


Bridgford Foods Days Inventory Distribution

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

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



Bridgford Foods Days Inventory Calculation

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

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

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (40.533 + 40.573) / 2 ) / 181.279*365
=40.553 / 181.279*365
=81.65

Bridgford Foods'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
=( (40.573 + 39.275) / 2 ) / 38.804*365 / 4
=39.924 / 38.804*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.


Bridgford Foods  (NAS:BRID) 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.

Bridgford Foods'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.

Bridgford Foods'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.


Bridgford Foods Days Inventory Related Terms

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


Bridgford Foods (Bridgford Foods) Business Description

Traded in Other Exchanges
N/A
Address
1707 South Good-Latimer Expressway, Dallas, TX, USA, 75226
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
Executives
Richard Eugene Bridgford other: VP, Ind. Relations & Safety 170 N GREEN ST, CHICAGO IL 60607
Brian E. Bridgford other: V.P. Production 170 N. GREEN STREET, CHICAGO IL 60661
Juan Luis Silva other: V.P. Plant Superintendent 3414 STONE CREEK DR, JOLIET IL 60435
Allan Jr. Bridgford director 515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625
Dennis Gregory Scott director 9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212
Baron Bridgford other: President, BFI. P.O. BOX 3773, ANAHEIM CA 92803
Christopher William Cole other: Senior Vice President 1415 W. 44TH STREET, CHICAGO IL 60609
Bridgford Baron R.h. Ii officer: President 1415 W. 44TH STREET, CHICAGO IL 60609
Cindy Matthews-morales officer: CFO, Secretary 1308 N. PATT STREET, ANAHEIM CA 92801
Michael W. Bridgford officer: Chairman of the Board 1308 N. PATT STREET, ANAHEIM CA 92801
Mary S Schott director 2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626
Debra Aileen Dealcuaz other: Treasurer, Bridgford Indust. 6432 CONNIE LANE, ROCKWALL TX 75032
Bruce Bridgford director P.O. BOX 3773, ANAHEIM CA 92803
William L Bridgford director, officer: Chairman P.O. BOX 3773, ANAHEIM CA 92803
Raymond F. Lancy director, officer: CFO, TREAS, ASST SEC 1308 N. PATT ST.,, ANAHEIM CA 92801

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