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Bob Evans Farms (Bob Evans Farms) Days Inventory : 28.55 (As of Oct. 2017)


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What is Bob Evans Farms Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bob Evans Farms's Average Total Inventories for the three months ended in Oct. 2017 was $25.9 Mil. Bob Evans Farms's Cost of Goods Sold for the three months ended in Oct. 2017 was $82.9 Mil. Hence, Bob Evans Farms's Days Inventory for the three months ended in Oct. 2017 was 28.55.

The historical rank and industry rank for Bob Evans Farms's Days Inventory or its related term are showing as below:

BOBE's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.23
* Ranked among companies with meaningful Days Inventory only.

Bob Evans Farms's Days Inventory declined from Oct. 2016 (42.94) to Oct. 2017 (28.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bob Evans Farms's Inventory Turnover for the three months ended in Oct. 2017 was 3.20.

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. Bob Evans Farms's Inventory-to-Revenue for the three months ended in Oct. 2017 was 0.22.


Bob Evans Farms Days Inventory Historical Data

The historical data trend for Bob Evans Farms'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.

Bob Evans Farms Days Inventory Chart

Bob Evans Farms Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.03 10.15 37.79 35.38 29.70

Bob Evans Farms Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
Days Inventory 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 42.94 40.09 31.88 23.69 28.55

Competitive Comparison of Bob Evans Farms's Days Inventory

For the Packaged Foods subindustry, Bob Evans Farms'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.


Bob Evans Farms's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Bob Evans Farms's Days Inventory falls into.



Bob Evans Farms Days Inventory Calculation

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

Bob Evans Farms's Days Inventory for the fiscal year that ended in Apr. 2017 is calculated as

Days Inventory (A: Apr. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2016 ) + Total Inventories (A: Apr. 2017 )) / count ) / Cost of Goods Sold (A: Apr. 2017 )*Days in Period
=( (17.093 + 17.21) / 2 ) / 210.784*365
=17.1515 / 210.784*365
=29.70

Bob Evans Farms's Days Inventory for the quarter that ended in Oct. 2017 is calculated as:

Days Inventory (Q: Oct. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2017 ) + Total Inventories (Q: Oct. 2017 )) / count ) / Cost of Goods Sold (Q: Oct. 2017 )*Days in Period
=( (22.17 + 29.709) / 2 ) / 82.92*365 / 4
=25.9395 / 82.92*365 / 4
=28.55

* 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.


Bob Evans Farms  (NAS:BOBE) 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.

Bob Evans Farms's Inventory Turnover for the three months ended in Oct. 2017 is calculated as

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.

Bob Evans Farms's Inventory to Revenue for the three months ended in Oct. 2017 is calculated as

* 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

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.


Bob Evans Farms Days Inventory Related Terms

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


Bob Evans Farms (Bob Evans Farms) Business Description

Traded in Other Exchanges
N/A
Address
Bob Evans Farms Inc was incorporated in Delaware in 1985. It is producer and distributor of pork sausage product and complementary home-style refrigerated side dishes and frozen food items under the Bob Evans, Owens and Country Creek brand names. These food products are distributed to warehouses that distribute to retail stores throughout the United States. The Company currently produces food products in its five manufacturing facilities. It is subject to numerous federal, state and local laws affecting its businesses.
Executives
Eileen A Mallesch director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Charles M Elson director 1401 61STG STREET S, STETSON UNIV COLLEGE OF LAW, ST PETERSBURG FL 33707
Larry S Mcwilliams director
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Kathy S Lane director C/O GILLETTE COMPANY, PRUDENTIAL TOWER BUILDING, BOSTON MA 02199
Douglas N Benham director
David W Head director 4311 SNEED ROAD, NASHVILLE TN 37215
Saed Mohseni director, officer: Chief Executive Officer 720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205
Drew T. Domecq officer: SVP - Chief Information Office 810 DSW DRIVE, COLUMBUS OH 43219
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Kevin C Oneil officer: VP - Associate General Counsel 3776 S HIGH STREET, C/O BOB EVANS FARMS INC, COLUMBUS OH 43207
Steven A Davis director, officer: CEO/COB 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Michael J Gasser director 425 WINTER ROAD, DELAWARE OH 43015
Gordon Gee director 100 MISSION RIDGE, GOODLETTTSVILLE TN 37072
Paul F Desantis officer: CFO 25435 HARVARD RD, BEACHWOOD OH 44122-6201

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