B&G Foods (B&G Foods) Days Inventory

: 122.19 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). B&G Foods's Average Total Inventories for the three months ended in Dec. 2023 was $607 Mil. B&G Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was $453 Mil. Hence, B&G Foods's Days Inventory for the three months ended in Dec. 2023 was 122.19.

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

BGS' s Days Inventory Range Over the Past 10 Years
Min: 63.18 Med: 124.54 Max: 150.61
Current: 150.61

During the past 13 years, B&G Foods's highest Days Inventory was 150.61. The lowest was 63.18. And the median was 124.54.

BGS's Days Inventory is ranked worse than
77.52% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs BGS: 150.61

B&G Foods's Days Inventory declined from Dec. 2022 (140.56) to Dec. 2023 (122.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. B&G Foods's Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. B&G Foods's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.05.

B&G Foods Days Inventory Historical Data

The historical data trend for B&G 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.

B&G Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

124.81

118.50

124.27

139.08

147.14

B&G 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																140.56	163.80	170.84	154.71	122.19

Competitive Comparison

For the Packaged Foods subindustry, B&G 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.

B&G Foods Days Inventory Distribution

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

* The bar in red indicates where B&G Foods's Days Inventory falls into.

B&G Foods Days Inventory Calculation

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

B&G 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
=	( (726.468	+	568.98)	/	2 )	/	1606.792	*	365
=	647.724					/	1606.792	*	365
=	147.14

B&G 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
=	( (644.06	+	568.98)	/	2 )	/	452.957	*	365 / 4
=	606.52					/	452.957	*	365 / 4
=	122.19

B&G Foods (NYSE:BGS) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	452.957	/	606.52
	=	0.75

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	606.52	/	578.128
	=	1.05

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.

B&G Foods Days Inventory Related Terms

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

B&G Foods (B&G Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » B&G Foods Inc (NYSE:BGS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DHR:Germany

Address

Four Gatehall Drive, Parsippany, NJ, USA, 07054

Website

https://www.bgfoods.com

B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.

Executives

Jordan E Greenberg	officer: EVP & Chief Commercial Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Bruce C Wacha	officer: EVP of Corp Strategy & Bus Dev	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
David L Wenner	director, officer: President & CEO	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Andrew D Vogel	officer: EVP, PRESIDENT OF MEALS	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Alfred Poe	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kristen A. Thompson	officer: SVP, President of Frozen & Veg	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Keller Kenneth C Jr	director, officer: President & CEO	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Debra M Chase	director	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Deann L Brunts	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Ellen M Schum	officer: EVP & Chief Customer Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Erich A Fritz	officer: EVP-Chief Supply Chain Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kenneth G. Romanzi	officer: EVP & Chief Operating Officer	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Cheryl M Palmer	director	C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Michael Adasczik	officer: VP, Chief Accounting Officer	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Robert D Mills	director	TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027