Switch to:
GuruFocus has detected 2 Warning Signs with Bemis Co Inc $BMS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Bemis Co Inc (NYSE:BMS)
Days Inventory
64.63 (As of Mar. 2017)

Bemis Co Inc's average inventory for the three months ended in Mar. 2017 was $565 Mil. Bemis Co Inc's cost of goods sold for the three months ended in Mar. 2017 was $798 Mil. Hence, Bemis Co Inc's days inventory for the three months ended in Mar. 2017 was 64.63.

BMS' s Days Inventory Range Over the Past 10 Years
Min: 49.68   Max: 66.41
Current: 64.23

49.68
66.41

During the past 13 years, Bemis Co Inc's highest Days Inventory was 66.41. The lowest was 49.68. And the median was 60.32.

BMS's Days Inventory is ranked lower than
59% of the 322 Companies
in the Global Packaging & Containers industry.

( Industry Median: 59.39 vs. BMS: 64.23 )

Bemis Co Inc's days inventory increased from Mar. 2016 (64.40) to Mar. 2017 (64.63). It might indicate that Bemis Co Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Bemis Co Inc's days sales of inventory (DSI) for the three months ended in Mar. 2017 was 51.78.

Inventory turnover measures how fast the company turns over its inventory within a year. Bemis Co Inc's inventory turnover for the three months ended in Mar. 2017 was 1.41.

Inventory to revenue ratio 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. Bemis Co Inc's inventory to revenue ratio for the three months ended in Mar. 2017 was 0.57.


Definition

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

Bemis Co Inc's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2015 ) + Inventory (A: Dec. 2016 )) / 2 ) / COGS (A: Dec. 2016 )*Days in Period
=( (525.9 + 549.4) / 2 ) / 3138.2*365
=537.65 / 3138.2*365
=62.53

Bemis Co Inc's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2016 ) + Inventory (Q: Mar. 2017 )) / 2 ) / COGS (Q: Mar. 2017 )*Days in Period
=( (549.4 + 580.3) / 2 ) / 797.5*365 / 4
=564.85 / 797.5*365 / 4
=64.63

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Bemis Co Inc's Days Sales of Inventory for the three months ended in Mar. 2017 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=564.85/995.4*365 / 4
=51.78

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

Bemis Co Inc's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

3. 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.

Bemis Co Inc's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bemis Co Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysInventory 58.1053.2954.1349.6854.5963.9666.4164.1262.8762.53

Bemis Co Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysInventory 63.2763.6063.6062.7463.0764.4062.2063.6666.0464.63
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK