LANC (Lancaster Colony) Days Inventory : 43.72 (As of Dec. 2024)

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What is Lancaster Colony Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lancaster Colony's Average Total Inventories for the three months ended in Dec. 2024 was $180 Mil. Lancaster Colony's Cost of Goods Sold for the three months ended in Dec. 2024 was $377 Mil. Hence, Lancaster Colony's Days Inventory for the three months ended in Dec. 2024 was 43.72.

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

LANC' s Days Inventory Range Over the Past 10 Years
Min: 31.51 Med: 33.05 Max: 42.83
Current: 42.83

During the past 13 years, Lancaster Colony's highest Days Inventory was 42.83. The lowest was 31.51. And the median was 33.05.

LANC's Days Inventory is ranked better than
80.62% of 1816 companies
in the Consumer Packaged Goods industry
Industry Median: 81.405 vs LANC: 42.83

Lancaster Colony's Days Inventory increased from Dec. 2023 (42.06) to Dec. 2024 (43.72). It might indicate that Lancaster Colony's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lancaster Colony's Inventory Turnover for the three months ended in Dec. 2024 was 2.09.

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. Lancaster Colony's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.35.

Lancaster Colony Days Inventory Historical Data

The historical data trend for Lancaster Colony'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.

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Lancaster Colony Days Inventory Chart

Lancaster Colony Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Inventory

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31.99

34.96

36.84

38.56

42.03

Lancaster Colony Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															42.06	39.70	42.94	47.06	43.72

Competitive Comparison of Lancaster Colony's Days Inventory

For the Packaged Foods subindustry, Lancaster Colony'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.

Lancaster Colony's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Lancaster Colony's Days Inventory falls into.

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Lancaster Colony Days Inventory Calculation

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

Lancaster Colony's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (158.265	+	173.252)	/	2 )	/	1439.457	*	365
=	165.7585					/	1439.457	*	365
=	42.03

Lancaster Colony's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (193.663	+	167.17)	/	2 )	/	376.533	*	365 / 4
=	180.4165					/	376.533	*	365 / 4
=	43.72

Lancaster Colony (NAS:LANC) 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.

Lancaster Colony's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	376.533	/	180.4165
	=	2.09

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.

Lancaster Colony's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	180.4165	/	509.301
	=	0.35

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.

Lancaster Colony Days Inventory Related Terms

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

Lancaster Colony Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lancaster Colony Corp (NAS:LANC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082

Website

http://www.lancastercolony.com

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

Executives

David Alan Ciesinski	officer: President & COO	H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Elliot K. Fullen	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Knight George F. Iii	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Kristin Bird	officer: President-Foodservice Division	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Zena Srivatsa Arnold	director	2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Luis Viso	officer: Chief Supply Chain Officer	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Carl R. Stealey	officer: President-T Marzetti Retail	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
David S. Nagle	officer: SVP-T Marzetti Co Supply Chain	380 POLARIS PARKWAY, WESTERVILLE OH 43082
K. Pigott Thomas	officer: CFO and Asst. Secretary	C/O MGP INGREDIENTS, INC., 100 COMMERCIAL STREET, ATCHISON KS 66002
Alan F Harris	director
Gerlach John B Jr	director, officer: Chairman & CEO	LANCASTER COLONY CORP, 37 W. BROAD ST., COLUMBUS OH 43215
Barbara L Brasier	director	C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Michael H Keown	director	P O BOX 77057, FORT WORTH TX 76177
Timothy A. Tate	officer: SVP-TMarzettiFoodservice Sales	380 POLARIS PARKWAY, WESTERVILLE OH 43082
Neeli Bendapudi	director	FISHER COLLEGE OF BUSINESS, 556 FISHER H, 2100 NEIL AVENUE, COLUMBUS OH 43210