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Centennial Specialty Foods (Centennial Specialty Foods) Days Inventory : 208.03 (As of Jun. 2005)


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What is Centennial Specialty Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Centennial Specialty Foods's Average Total Inventories for the three months ended in Jun. 2005 was $1.65 Mil. Centennial Specialty Foods's Cost of Goods Sold for the three months ended in Jun. 2005 was $0.72 Mil. Hence, Centennial Specialty Foods's Days Inventory for the three months ended in Jun. 2005 was 208.03.

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

CHLE's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.33
* Ranked among companies with meaningful Days Inventory only.

Centennial Specialty Foods's Days Inventory increased from Jun. 2004 (191.58) to Jun. 2005 (208.03). It might indicate that Centennial Specialty Foods's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Centennial Specialty Foods's Inventory Turnover for the three months ended in Jun. 2005 was 0.44.

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. Centennial Specialty Foods's Inventory-to-Revenue for the three months ended in Jun. 2005 was 1.77.


Centennial Specialty Foods Days Inventory Historical Data

The historical data trend for Centennial Specialty 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.

Centennial Specialty Foods Days Inventory Chart

Centennial Specialty Foods Annual Data
Trend Dec03 Dec04
Days Inventory
118.64 164.18

Centennial Specialty Foods Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.58 220.40 213.90 242.69 208.03

Competitive Comparison of Centennial Specialty Foods's Days Inventory

For the Packaged Foods subindustry, Centennial Specialty 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.


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

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

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



Centennial Specialty Foods Days Inventory Calculation

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

Centennial Specialty Foods's Days Inventory for the fiscal year that ended in Dec. 2004 is calculated as

Days Inventory (A: Dec. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2003 ) + Total Inventories (A: Dec. 2004 )) / count ) / Cost of Goods Sold (A: Dec. 2004 )*Days in Period
=( (1.044 + 1.895) / 2 ) / 3.267*365
=1.4695 / 3.267*365
=164.18

Centennial Specialty Foods's Days Inventory for the quarter that ended in Jun. 2005 is calculated as:

Days Inventory (Q: Jun. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2005 ) + Total Inventories (Q: Jun. 2005 )) / count ) / Cost of Goods Sold (Q: Jun. 2005 )*Days in Period
=( (1.903 + 1.389) / 2 ) / 0.722*365 / 4
=1.646 / 0.722*365 / 4
=208.03

* 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.


Centennial Specialty Foods  (OTCPK:CHLE) 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.

Centennial Specialty Foods's Inventory Turnover for the three months ended in Jun. 2005 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.

Centennial Specialty Foods's Inventory to Revenue for the three months ended in Jun. 2005 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.


Centennial Specialty Foods Days Inventory Related Terms

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Centennial Specialty Foods (Centennial Specialty Foods) Business Description

Traded in Other Exchanges
N/A
Address
10700 E Geddes Avenue, Suite 170, Englewood, CO, USA, 80112-3861
Website
Centennial Specialty Foods Corp sells and distributes Southwestern sauces and food products. Its products include the bean products, green chili sauce, red chili sauce, refried beans and tamale products.
Executives
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504

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