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Diamond Foods (Diamond Foods) Total Inventories : $214.5 Mil (As of Oct. 2015)


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What is Diamond Foods Total Inventories?

Diamond Foods's total inventories for the quarter that ended in Oct. 2015 was $214.5 Mil. Diamond Foods's average total inventories from the quarter that ended in Jul. 2015 to the quarter that ended in Oct. 2015 was $186.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Diamond Foods's Net-Net Working Capital per share for the quarter that ended in Oct. 2015 was $-24.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Diamond Foods's Days Inventory for the three months ended in Oct. 2015 was 103.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Diamond Foods's Inventory Turnover for the quarter that ended in Oct. 2015 was 0.88.

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. Diamond Foods's Inventory-to-Revenue for the quarter that ended in Oct. 2015 was 0.83.


Diamond Foods Total Inventories Historical Data

The historical data trend for Diamond Foods's Total Inventories 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.

Diamond Foods Total Inventories Chart

Diamond Foods Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.58 165.71 115.46 124.27 158.81

Diamond Foods Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
Total Inventories 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 259.17 193.45 174.51 158.81 214.47

Diamond Foods Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Diamond Foods  (NAS:DMND) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Diamond Foods's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2015 is

Net-Net Working Capital Per Share (Q: Oct. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.854+0.75 * 111.267+0.5 * 214.472-967.047
-0-0)/31.5331
=-24.40

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

Diamond Foods's Days Inventory for the three months ended in Oct. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2015 )/Cost of Goods Sold (Q: Oct. 2015 )*Days in Period
=186.6385/163.97*365 / 4
=103.87

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Diamond Foods's Inventory Turnover for the quarter that ended in Oct. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2015 ) / Average Total Inventories (Q: Oct. 2015 )
=163.97 / 186.6385
=0.88

4. 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.

Diamond Foods's Inventory to Revenue for the quarter that ended in Oct. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2015 ) / Revenue (Q: Oct. 2015 )
=186.6385 / 224.849
=0.83

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Diamond Foods Total Inventories Related Terms

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Diamond Foods (Diamond Foods) Business Description

Traded in Other Exchanges
N/A
Address
Diamond Foods Inc was incorporated in Delaware in 2005 as the successor to Diamond Walnut Growers, Inc., a member-owned California agricultural cooperative association. In July 2005, Diamond Walnut Growers, Inc. merged with and into Diamond Foods, Inc., converted from a cooperative association to a Delaware corporation and completed an initial public offering of Diamond Foods' common stock. The Company is a packaged food company focused on building and energizing brands. It is engaged in processing, marketing and distributing snack products and culinary, in-shell and ingredient nuts. The Company's segments include Snacks and Nuts. The Company sells snack products under Kettle Brand(r) and Pop Secret(r) brands. Microwave popcorn products are offered in traditional flavors. In March 2010, the Company complemented its snack portfolio with the acquisition of Kettle Foods, a premium potato chip company. Kettle Foods products are offered in a variety of flavors and sizes. Its snack products are typically available in grocery store snack, natural and produce aisles, mass merchandisers, club stores, convenience stores, drug stores, natural food stores and other places where snacks are sold. Under the nuts segment the Company sells nut products under the Emerald brand, and Diamond of California(r) brand in grocery store baking aisles and produce aisles and through mass merchandisers and club stores. Culinary nuts are marketed to individuals who prepare meals or baked goods at home and who value fresh, high-quality products. The Company also sell in-shell nuts under the Diamond of California(r) brand during the winter holiday season. Its non-retail nut business includes international markets and North American ingredient customers. It market ingredient nuts internationally under the Diamond of California(r) brand to food processors, restaurants, bakeries and food service companies and their suppliers. Diamond's institutional and industrial customers use its standard or customer-specified products to add flavor and texture in their product offerings. It also sells in-shell nuts to international markets. Emerald products include roasted, glazed and flavored nuts, trail mixes, granola, dried fruit and similar offerings that are sold where snack nuts and convenient breakfast items are sold. The Company obtains its raw materials from domestic and international sources. The Company's products competes with other food industries. It is subject to governmental laws and regulations.
Executives
Edward A Blechschmidt director ONE HEALTHSOUTH PARKWAY, BIRMINGHAM AL 35243
Linda B Segre officer: EVP, Chief Strat. & People Ofc 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
David Colo officer: EVP, Chief Operating Officer C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Richard Dean Hollis director 3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134
Nigel A Rees director ONE POST STREET, SAN FRANCISCO CA 94104
Raymond Silcock officer: EVP & Chief Financial Officer 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Alison Davis director 255 FISERV DRIVE, BROOKFIELD WI 53045
Brian J Driscoll director, officer: President & CEO THREE LAKES DR, NORTHFIELD IL 60093
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Stephen Kim officer: EVP, GC & Chief Legal Officer CO DIAMOND FOODS INC., 600 MONTGOMERY STREET 33RD FLOOR, SAN FRANCISCO CA 94111
Oaktree Holdings, Inc. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Holdings, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Holdings I, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071

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