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Premier Foods (Premier Foods) Days Inventory : 67.90 (As of Sep. 2023)


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What is Premier Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Foods's Average Total Inventories for the six months ended in Sep. 2023 was $142 Mil. Premier Foods's Cost of Goods Sold for the six months ended in Sep. 2023 was $381 Mil. Hence, Premier Foods's Days Inventory for the six months ended in Sep. 2023 was 67.90.

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

PFODF' s Days Inventory Range Over the Past 10 Years
Min: 40.81   Med: 48.82   Max: 63.99
Current: 62.04

During the past 13 years, Premier Foods's highest Days Inventory was 63.99. The lowest was 40.81. And the median was 48.82.

PFODF's Days Inventory is ranked better than
65.7% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs PFODF: 62.04

Premier Foods's Days Inventory declined from Sep. 2022 (69.05) to Sep. 2023 (67.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Premier Foods's Inventory Turnover for the six months ended in Sep. 2023 was 2.69.

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. Premier Foods's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.23.


Premier Foods Days Inventory Historical Data

The historical data trend for Premier 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.

Premier Foods Days Inventory Chart

Premier Foods Annual Data
Trend Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.41 50.08 38.63 47.91 50.25

Premier Foods Semi-Annual Data
Jun13 Dec13 Jun14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 56.76 49.87 69.05 49.45 67.90

Competitive Comparison of Premier Foods's Days Inventory

For the Packaged Foods subindustry, Premier 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.


Premier Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Premier Foods's Days Inventory falls into.



Premier Foods Days Inventory Calculation

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

Premier Foods's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (102.899 + 113.714) / 2 ) / 786.65*365
=108.3065 / 786.65*365
=50.25

Premier Foods's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (113.714 + 169.926) / 2 ) / 381.188*365 / 2
=141.82 / 381.188*365 / 2
=67.90

* 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.


Premier Foods  (OTCPK:PFODF) 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.

Premier Foods's Inventory Turnover for the six months ended in Sep. 2023 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.

Premier Foods's Inventory to Revenue for the six months ended in Sep. 2023 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.


Premier Foods Days Inventory Related Terms

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


Premier Foods (Premier Foods) Business Description

Traded in Other Exchanges
Address
Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE
Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

Premier Foods (Premier Foods) Headlines

From GuruFocus

Premier Foods Gets a Write-Up in Barron's

By Holmes Osborne, CFA Holmes Osborne, CFA 01-13-2020

John Paulson Urges Premier Foods to Take Buyout Offer

By Holly LaFon Holly LaFon 03-28-2016