APFH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
APFH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
AdvancePierre Foods Holdings's total inventories for the quarter that ended in Mar. 2017 was $227 Mil. AdvancePierre Foods Holdings's average total inventories from the quarter that ended in Dec. 2016 to the quarter that ended in Mar. 2017 was $219 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AdvancePierre Foods Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $-16.09.
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 three months ended in Mar. 2017 was 67.57.
Inventory Turnover measures how fast the company turns over its inventory within a year. AdvancePierre Foods Holdings's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2017 was 0.54.
The historical data trend for AdvancePierre Foods Holdings's Total Inventories 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.
AdvancePierre Foods Holdings Annual Data | |||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | |||||
Total Inventories | - | 215.29 | 215.13 | 210.65 |
AdvancePierre Foods Holdings Quarterly Data | |||||||||||
Dec13 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | |
Total Inventories | Get a 7-Day Free Trial | 205.08 | 205.28 | 210.70 | 210.65 | 226.67 |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
AdvancePierre Foods Holdings (NYSE:APFH) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
AdvancePierre Foods Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 is
Net-Net Working Capital Per Share (Q: Mar. 2017 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (114.058 | + | 0.75 * 90.356 | + | 0.5 * 226.671 | - | 1560.927 |
- | 0 | - | 0) | / | 78.6649 | ||
= | -16.09 |
2. 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 three months ended in Mar. 2017 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2017 ) | / | Cost of Goods Sold (Q: Mar. 2017 ) | * | Days in Period |
= | 218.6595 | / | 295.269 | * | 365 / 4 | |
= | 67.57 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
AdvancePierre Foods Holdings's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2017 ) | / | Average Total Inventories (Q: Mar. 2017 ) |
= | 295.269 | / | 218.6595 | |
= | 1.35 |
4. 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 quarter that ended in Mar. 2017 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2017 ) | / | Revenue (Q: Mar. 2017 ) |
= | 218.6595 | / | 402.729 | |
= | 0.54 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of AdvancePierre Foods Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
From GuruFocus
By Holly LaFon Holly LaFon • 11-17-2016
By Rupert Hargreaves Rupert Hargreaves • 01-09-2017
By Holly LaFon Holly LaFon • 04-28-2017
By Holly LaFon Holly LaFon • 08-15-2017
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.