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: 32.88 Max: 40.9
Current: 40.9
During the past 13 years, Lancaster Colony's highest Days Inventory was 40.90. The lowest was 31.51. And the median was 32.88.
LANC's Days Inventory is ranked better than 83.7% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 82.17
vs LANC: 40.90
Lancaster Colony's Days Inventory
increased
from Mar. 2023 (36.21) to Mar. 2024 (39.70).
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 Mar. 2024 was 2.30.
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 Mar. 2024 was 0.34.
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.
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.
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. 2023 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.
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 Mar. 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.
Lancaster Colony's Inventory to Revenue for the
three
months ended in Mar. 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.
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 (Lancaster Colony) Business Description
Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. 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.
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