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Lamb Weston Holdings (Lamb Weston Holdings) Days Inventory

: 102.26 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Lamb Weston Holdings's Average Total Inventories for the three months ended in Feb. 2024 was $1,182 Mil. Lamb Weston Holdings's Cost of Goods Sold for the three months ended in Feb. 2024 was $1,055 Mil. Hence, Lamb Weston Holdings's Days Inventory for the three months ended in Feb. 2024 was 102.26.

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

LW' s Days Inventory Range Over the Past 10 Years
Min: 60.77   Med: 70.16   Max: 78.21
Current: 76.25

During the past 10 years, Lamb Weston Holdings's highest Days Inventory was 78.21. The lowest was 60.77. And the median was 70.16.

LW's Days Inventory is ranked better than
54.12% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.43 vs LW: 76.25

Lamb Weston Holdings's Days Inventory increased from Feb. 2023 (88.47) to Feb. 2024 (102.26). It might indicate that Lamb Weston Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lamb Weston Holdings's Inventory Turnover for the three months ended in Feb. 2024 was 0.89.

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. Lamb Weston Holdings's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.81.


Lamb Weston Holdings Days Inventory Historical Data

The historical data trend for Lamb Weston 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.

Lamb Weston Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.47 62.05 64.30 60.77 70.16

Lamb Weston Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 88.47 61.37 70.64 73.58 102.26

Competitive Comparison

For the Packaged Foods subindustry, Lamb Weston 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.


Lamb Weston Holdings Days Inventory Distribution

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

* The bar in red indicates where Lamb Weston Holdings's Days Inventory falls into.



Lamb Weston Holdings Days Inventory Calculation

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

Lamb Weston Holdings's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (574.4 + 932) / 2 ) / 3918.5*365
=753.2 / 3918.5*365
=70.16

Lamb Weston Holdings's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (1153.6 + 1210) / 2 ) / 1054.6*365 / 4
=1181.8 / 1054.6*365 / 4
=102.26

* 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.


Lamb Weston Holdings  (NYSE:LW) 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.

Lamb Weston Holdings's Inventory Turnover for the three months ended in Feb. 2024 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.

Lamb Weston Holdings's Inventory to Revenue for the three months ended in Feb. 2024 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.


Lamb Weston Holdings Days Inventory Related Terms

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


Lamb Weston Holdings (Lamb Weston Holdings) Business Description

Traded in Other Exchanges
Address
599 S. Rivershore Lane, Eagle, ID, USA, 83616
Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by French fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Nearly 70% of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single largest customer at 13% of fiscal 2023 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
Executives
William G Jurgensen director
Eryk J Spytek officer: See Remarks 599 S. RIVERSHORE LANE, EAGLE ID 83616
Rita Fisher director 1900 W. FIELD COURT, LAKE FOREST IL 60045
Sukshma Rajagopalan officer: Chief Info and Digital Officer C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Marc Schroeder officer: President, International C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Sharon L. Miller officer: Senior Vice President 599 S. RIVERSHORE LANE, EAGLE ID 83616
Gregory W Jones officer: Vice President and Controller C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Bernadette M Madarieta officer: Vice President and Controller 599 S. RIVERSHORE LANE, EAGLE ID 83616
Michael Jared Smith officer: SVP, Growth & Strategy 599 S. RIVERSHORE LANE, EAGLE ID 83616
Gerardo Scheufler officer: SVP, Chief Supply Chain Off C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Steven J Younes officer: CHIEF HUMAN RESOURCES OFFICER C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
John C Hatto officer: Senior Vice President C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Peter J Bensen director MCDONALD'S CORPORATION, 2915 JORIE BOULEVARD, OAK BROOK IL 60523
Thomas P. Werner director, officer: President C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616