Pilgrims Pride (Pilgrims Pride) Days Inventory : 43.18 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Pilgrims Pride Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pilgrims Pride's Average Total Inventories for the three months ended in Dec. 2023 was $1,991 Mil. Pilgrims Pride's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,207 Mil. Hence, Pilgrims Pride's Days Inventory for the three months ended in Dec. 2023 was 43.18.

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

PPC' s Days Inventory Range Over the Past 10 Years
Min: 36.96 Med: 42.61 Max: 45.13
Current: 45.13

During the past 13 years, Pilgrims Pride's highest Days Inventory was 45.13. The lowest was 36.96. And the median was 42.61.

PPC's Days Inventory is ranked better than
79.52% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs PPC: 45.13

Pilgrims Pride's Days Inventory declined from Dec. 2022 (44.42) to Dec. 2023 (43.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pilgrims Pride's Inventory Turnover for the three months ended in Dec. 2023 was 2.11.

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. Pilgrims Pride's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.

Pilgrims Pride Days Inventory Historical Data

The historical data trend for Pilgrims Pride'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.

Pilgrims Pride Days Inventory Chart

Pilgrims Pride Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

44.89

44.47

39.93

41.57

44.67

Pilgrims Pride 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															44.42	45.85	46.08	45.97	43.18

Competitive Comparison of Pilgrims Pride's Days Inventory

For the Packaged Foods subindustry, Pilgrims Pride'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.

Pilgrims Pride's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Pilgrims Pride's Days Inventory falls into.

Pilgrims Pride Days Inventory Calculation

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

Pilgrims Pride'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
=	( (1990.184	+	1985.399)	/	2 )	/	16243.816	*	365
=	1987.7915					/	16243.816	*	365
=	44.67

Pilgrims Pride'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
=	( (1996.72	+	1985.399)	/	2 )	/	4207.255	*	365 / 4
=	1991.0595					/	4207.255	*	365 / 4
=	43.18

Pilgrims Pride (NAS:PPC) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4207.255	/	1991.0595
	=	2.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1991.0595	/	4528.302
	=	0.44

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.

Pilgrims Pride Days Inventory Related Terms

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

Pilgrims Pride (Pilgrims Pride) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pilgrims Pride Corp (NAS:PPC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6PP:Germany 6PP:Germany

Address

1770 Promontory Circle, Greeley, CO, USA, 80634-9038

Website

https://www.pilgrims.com

Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.

Executives

Batista Filho Wesley Mendonca	director	1770 PROMONTORY CIRCLE, GREELEY CO 80634
Matthew R Galvanoni	officer: Chief Financial Officer	5 WESTBROOK CORPORATE CENTER, WESTBROOK IL 60154
Fabio Sandri	officer: Chief Financial Officer	1770 PROMONTORY CIRCLE, GREELEY CO 80634-9038
Raul Padilla	director	C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Maestri Karoleski Joanita Maria	director	C/O PILGRIM'S PRIDE CORP, 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Ajay Menon	director	C/O CONVERA CORPORATION, 1921 GALLOWS RD., VIENNA VA 22182
Jayson Penn	officer: CEO	1770 PROMONTORY CIRCLE, GREELEY CO 80634
Arquimedes Celis	director	1770 PROMONTORY CIRCLE, GREELEY CO 80634
Farha Aslam	director	1770 N PROMOTORY CIRCLE, GREELEY CO 80634
William W Lovette	director, officer: CEO and President	2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
Michael L. Cooper	director	4845 US HIGHWAY 271N, PITTSBURG TX 75686
Vasconcellos Wallim Cruz De Jr	director	116 RUA VISCONDE DE ITAUNA, 116, RIO DE JANEIRO D5 22460140
David E Bell	director	C/O BOSTON ACOUSTICS, INC., 300 JUBILEE DRIVE, PEABODY MA 01960
Charles Macaluso	director
Denilson Molina	director	1770 PROMONTORY CIRCLE, GREELEY CO 80634