Performance Food Group Co (Performance Food Group Co) Days Inventory : 23.94 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Performance Food Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Performance Food Group Co's Average Total Inventories for the three months ended in Mar. 2024 was $3,225 Mil. Performance Food Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $12,289 Mil. Hence, Performance Food Group Co's Days Inventory for the three months ended in Mar. 2024 was 23.94.

The historical rank and industry rank for Performance Food Group Co's Days Inventory or its related term are showing as below:

PFGC' s Days Inventory Range Over the Past 10 Years
Min: 21.07 Med: 23.99 Max: 25.51
Current: 23.56

During the past 13 years, Performance Food Group Co's highest Days Inventory was 25.51. The lowest was 21.07. And the median was 23.99.

PFGC's Days Inventory is ranked better than
68.54% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.995 vs PFGC: 23.56

Performance Food Group Co's Days Inventory declined from Mar. 2023 (24.53) to Mar. 2024 (23.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Performance Food Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.81.

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. Performance Food Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.

Performance Food Group Co Days Inventory Historical Data

The historical data trend for Performance Food Group Co'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.

Performance Food Group Co Days Inventory Chart

Performance Food Group Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

25.51

23.87

23.01

21.07

24.40

Performance Food Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															24.53	22.95	23.75	24.66	23.94

Competitive Comparison of Performance Food Group Co's Days Inventory

For the Food Distribution subindustry, Performance Food Group Co'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.

Performance Food Group Co's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Performance Food Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Performance Food Group Co's Days Inventory falls into.

Performance Food Group Co Days Inventory Calculation

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

Performance Food Group Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3428.6	+	3390)	/	2 )	/	50999.8	*	365
=	3409.3					/	50999.8	*	365
=	24.40

Performance Food Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3342.1	+	3107)	/	2 )	/	12288.8	*	365 / 4
=	3224.55					/	12288.8	*	365 / 4
=	23.94

Performance Food Group Co (NYSE:PFGC) 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.

Performance Food Group Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12288.8	/	3224.55
	=	3.81

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.

Performance Food Group Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3224.55	/	13857.7
	=	0.23

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.

Performance Food Group Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Performance Food Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Performance Food Group Co (Performance Food Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Performance Food Group Co (NYSE:PFGC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

P5F:Germany

Address

12500 West Creek Parkway, Richmond, VA, USA, 23238

Website

https://www.pfgc.com

Performance Food Group Co is the third-largest U.S. food-service distributor behind Sysco and us Foods, with 9% market share. PFG's food-service business (52% of 2022 sales) provides customized food products and services (such as product selection and procurement) to independent and chain restaurants, and institutional customers. Acquisitions of Eby-Brown (2019) and Core-Mark (2021) enabled PFG to tap into the convenience store segment (41% of sales), offering convenience products, marketing programs, and technology solutions to convenience stores, drug stores, and other such channels. The firm's Vistar business (7% of sales) is a national distributor of candy, snacks, and beverages to vending and office coffee service distributors, theaters, and hospitality providers.

Executives

David V Singer	director	13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
Patrick T. Hagerty	officer: See Remarks	C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
George L Holm	director, officer: See Remarks	3000 69TH STREET EAST, PALMETTO FL 34221
Donald S. Bulmer	officer: See Remarks	12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Craig Howard Hoskins	officer: See Remarks	C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Hugh Patrick Hatcher	officer: See Remarks	12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Christine R Vlahcevic	officer: See Remarks	1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Kimberly Grant	director	150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Scott E Mcpherson	officer: See Remarks	395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Matthew C Flanigan	director	LEGGETT & PLATT INC, NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Laura Jean Flanagan	director	395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
James D Hope	officer: See Remarks	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Warren M Thompson	director	4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Barbara Beck	director	5301 N IRONWOOD RD, MILWAUKEE WI 53217
Erika T Davis	officer: See Remarks