AdvancePierre Foods Holdings (AdvancePierre Foods Holdings) Days Inventory : 67.57 (As of Mar. 2017)

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What is AdvancePierre Foods Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AdvancePierre Foods Holdings's Average Total Inventories for the three months ended in Mar. 2017 was $219 Mil. AdvancePierre Foods Holdings's Cost of Goods Sold for the three months ended in Mar. 2017 was $295 Mil. Hence, AdvancePierre Foods Holdings's Days Inventory for the three months ended in Mar. 2017 was 67.57.

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

APFH's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 81.97
* Ranked among companies with meaningful Days Inventory only.

AdvancePierre Foods Holdings's Days Inventory increased from Mar. 2016 (65.14) to Mar. 2017 (67.57). It might indicate that AdvancePierre Foods Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AdvancePierre Foods Holdings's Inventory Turnover for the three months ended in Mar. 2017 was 1.35.

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. AdvancePierre Foods Holdings's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.54.

AdvancePierre Foods Holdings Days Inventory Historical Data

The historical data trend for AdvancePierre Foods Holdings'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.

AdvancePierre Foods Holdings Days Inventory Chart

AdvancePierre Foods Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Days Inventory

59.15

62.48

67.85

AdvancePierre Foods Holdings Quarterly Data
	Dec13	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Days Inventory	Get a 7-Day Free Trial						65.14	69.41	65.85	65.64	67.57

Competitive Comparison of AdvancePierre Foods Holdings's Days Inventory

For the Packaged Foods subindustry, AdvancePierre Foods Holdings'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.

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

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

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

AdvancePierre Foods Holdings Days Inventory Calculation

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

AdvancePierre Foods Holdings's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (215.126	+	210.648)	/	2 )	/	1145.163	*	365
=	212.887					/	1145.163	*	365
=	67.85

AdvancePierre Foods Holdings's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

	Days Inventory (Q: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
=	( (210.648	+	226.671)	/	2 )	/	295.269	*	365 / 4
=	218.6595					/	295.269	*	365 / 4
=	67.57

AdvancePierre Foods Holdings (NYSE:APFH) 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.

AdvancePierre Foods Holdings's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	295.269	/	218.6595
	=	1.35

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.

AdvancePierre Foods Holdings's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	218.6595	/	402.729
	=	0.54

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.

AdvancePierre Foods Holdings Days Inventory Related Terms

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

AdvancePierre Foods Holdings (AdvancePierre Foods Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AdvancePierre Foods Holdings Inc (NYSE:APFH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.advancepierre.com

AdvancePierre Foods Holdings Inc was incorporated in Delaware on December 5, 2008 as Pierre Foods Holding Corporation and changed its name to AdvancePierre Foods Holdings, Inc., on March 16, 2016. The Company is a producer and distributor of value-added, ready-to-eat sandwiches, sandwich components and other entrÃ©es and snacks. It markets and distributes multiple product categories including ready-to-eat sandwiches, such as breakfast sandwiches, PB&J sandwiches and hamburgers; sandwich components, such as fully-cooked hamburger and chicken patties and Philly steaks; and other entrÃ©es and snacks, such as country fried steak, stuffed entrÃ©es, chicken tenders and cinnamon dough bites. The Company sells its value-added products to the foodservice, retail and convenience channels, as well as in the industrial channel. It operates in four segments Foodservice, Retail, Convenience and Industrial. Its Foodservice customers include national and regional distributors, who sells Company's products to end-customers including restaurant operators, schools, U.S. military and grocery deli counters. Its Retail segment serves an array of retail customers including national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores. The Convenience segment represents outlet for ready-to-eat sandwiches and includes sales to vending providers. Industrial segment consists of sales to other food producers under short-term co-manufacturing agreements. Its competitors include American Food Group, CTI, Allied Specialty Foods, Devault Foods, Lopez Foods and JTM Food Group.

Executives

Stephen A Kaplan	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp I, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital I, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Holdings I, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Holdings, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp	10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Gary L Perlin	director	1680 CAPITAL ONE DRIVE, C/O CAPITAL ONE FINANCIAL CORP, MCLEAN VA 22102
Celeste A. Clark	director	C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Richard Dean Hollis	director, other: Chairman of the Board	3603 HAVEN AVENUE, SUITE E, MENLO PARK CA 94025
Michael B Sims	officer: CFO	250 EAST FIFTH STREET, CINCINNATI OH 45202
Christopher D Sliva	director, officer: CEO & President	2515 MCKINNEY AVENUE, SUITE 1200, DALLAS TX 75201
Simons John Nelson Jr	director, officer: CEO	7931 EAGLE RANCH ROAD, FT. COLLINS CO 80528
Margaret M Cannella	director	C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022

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