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Hormel Foods Corp  (NYSE:HRL) Days Inventory: 52.04 (As of Jul. 2017)

Hormel Foods Corp's Total Inventories for the three months ended in Jul. 2017 was $1,001 Mil. Hormel Foods Corp's Cost of Goods Sold for the three months ended in Jul. 2017 was $1,755 Mil. Hence, Hormel Foods Corp's days inventory for the three months ended in Jul. 2017 was 52.04.

NYSE:HRL' s Days Inventory Range Over the Past 10 Years
Min: 42.82   Max: 50.6
Current: 50.4

42.82
50.6

During the past 13 years, Hormel Foods Corp's highest Days Inventory was 50.60. The lowest was 42.82. And the median was 47.67.

NYSE:HRL's Days Inventory is ranked higher than
63% of the 1517 Companies
in the Global industry.

( Industry Median: 64.96 vs. NYSE:HRL: 50.40 )

Hormel Foods Corp's days inventory increased from Jul. 2016 (51.48) to Jul. 2017 (52.04). It might indicate that Hormel Foods Corp's sales slowed down.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Hormel Foods Corp's Inventory Turnover for the three months ended in Jul. 2017 was 1.75.

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. Hormel Foods Corp's Inventory-to-Revenue for the three months ended in Jul. 2017 was 0.45.


Historical Data

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

* Premium members only.

Hormel Foods Corp Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.58 47.71 47.62 50.13 49.04

Hormel Foods Corp Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 51.48 45.41 51.32 52.23 52.04

Competitive Comparison
* 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.


Calculation

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

Hormel Foods Corp's Days Inventory for the fiscal year that ended in Oct. 2016 is calculated as

Days Inventory (A: Oct. 2016 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2015 ) + Total Inventories (A: Oct. 2016 )) / 2 ) / Cost of Goods Sold (A: Oct. 2016 )*Days in Period
=( (993.265 + 985.683) / 2 ) / 7365.049*365
=989.474 / 7365.049*365
=49.04

Hormel Foods Corp's Days Inventory for the quarter that ended in Jul. 2017 is calculated as:

Days Inventory (Q: Jul. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Jul. 2017 )) / 2 ) / Cost of Goods Sold (Q: Jul. 2017 )*Days in Period
=( (988.408 + 1013.214) / 2 ) / 1754.966*365 / 4
=1000.811 / 1754.966*365 / 4
=52.04

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


Headlines

From the Internet

HRL
Royal Flush Part 1 Hormel Foods

- Seekingalpha 2017-10-22 10:26:44

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