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Sanderson Farms (Sanderson Farms) Days Inventory : 34.78 (As of Apr. 2022)


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What is Sanderson Farms Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanderson Farms's Average Total Inventories for the three months ended in Apr. 2022 was $401 Mil. Sanderson Farms's Cost of Goods Sold for the three months ended in Apr. 2022 was $1,052 Mil. Hence, Sanderson Farms's Days Inventory for the three months ended in Apr. 2022 was 34.78.

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

SAFM's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.17
* Ranked among companies with meaningful Days Inventory only.

Sanderson Farms's Days Inventory increased from Apr. 2021 (32.60) to Apr. 2022 (34.78). It might indicate that Sanderson Farms's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanderson Farms's Inventory Turnover for the three months ended in Apr. 2022 was 2.62.

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. Sanderson Farms's Inventory-to-Revenue for the three months ended in Apr. 2022 was 0.26.


Sanderson Farms Days Inventory Historical Data

The historical data trend for Sanderson Farms'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.

Sanderson Farms Days Inventory Chart

Sanderson Farms Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.97 30.14 30.60 31.40 29.96

Sanderson Farms Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Days Inventory Get a 7-Day Free Trial 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 32.60 30.93 30.39 32.52 34.78

Competitive Comparison of Sanderson Farms's Days Inventory

For the Packaged Foods subindustry, Sanderson Farms'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.


Sanderson Farms's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sanderson Farms's Days Inventory falls into.



Sanderson Farms Days Inventory Calculation

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

Sanderson Farms's Days Inventory for the fiscal year that ended in Oct. 2021 is calculated as

Days Inventory (A: Oct. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2020 ) + Total Inventories (A: Oct. 2021 )) / count ) / Cost of Goods Sold (A: Oct. 2021 )*Days in Period
=( (290.007 + 350.959) / 2 ) / 3904.995*365
=320.483 / 3904.995*365
=29.96

Sanderson Farms's Days Inventory for the quarter that ended in Apr. 2022 is calculated as:

Days Inventory (Q: Apr. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2022 ) + Total Inventories (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (367.454 + 434.458) / 2 ) / 1051.845*365 / 4
=400.956 / 1051.845*365 / 4
=34.78

* 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.


Sanderson Farms  (NAS:SAFM) 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.

Sanderson Farms's Inventory Turnover for the three months ended in Apr. 2022 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.

Sanderson Farms's Inventory to Revenue for the three months ended in Apr. 2022 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.


Sanderson Farms Days Inventory Related Terms

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


Sanderson Farms (Sanderson Farms) Business Description

Traded in Other Exchanges
N/A
Address
127 Flynt Road, Laurel, MS, USA, 39443
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
Executives
Toni D Cooley director 253 OLD JACKSON ROAD, MADISON MS 39110
Phil K Livingston director C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
John Bierbusse director 3500 NORTH LAKE SHORE DRIVE #14A CHICAGO IL 60657
Lampkin Butts director, officer: Vice President, Sales C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Robert C Khayat director PO BOX 1848 UNIVERSITY MS 38677
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Jones Gail Pittman director C/O SANDERSON FARMS INC PO BOX 988 225 N 13TH AVE LAUREL MS 39441-0988
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118
John David Barksdale director 127 FLYNT ROAD, LAUREL MS 39443
Banks Fred L Jr director 111 EAST CAPITOL STREET SUITE 600 JACKSON MS 39201-2122
Dianne Mooney director 7449 ASHLAND LANE BIRMINGHAM AL 35242
Suzanne T Mestayer director 1100 POYDRAS STREET NEW ORLEANS LA 70163
D Michael Cockrell director, officer: Treasurer & CFO C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Beverly W Hogan director
Baker John H Iii director C/O SANDERSON FARMS INC 225 N 13TH AVE LAUREL MS 39441

Sanderson Farms (Sanderson Farms) Headlines