Performance Food Group Co (PFGC)

Short-term

Turnover ratios

Performance Food Group Co's inventory turnover has been fairly consistent over the past five years, ranging from 13.31 to 15.60 times. This indicates that the company is effectively managing its inventory levels and converting its inventory into sales efficiently.

The receivables turnover ratio data is not available for any of the years provided, suggesting that the company may not be monitored as closely in terms of how quickly it collects on its accounts receivable.

Similarly, the payables turnover ratio data is not available for the years provided, indicating that the company's efficiency in paying its suppliers is not observed in this dataset.

The working capital turnover ratio has shown a slight decrease over the years, from 30.04 to 24.33 times. This suggests that the company may be becoming slightly less efficient in generating revenue from its working capital, which could be a concern if this trend continues.

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Average number of days

Performance Food Group Co's Days of Inventory on Hand (DOH) have shown some fluctuations over the past five years, ranging from a low of 23.40 days on June 30, 2024, to a high of 27.42 days on June 30, 2022. A lower DOH is generally considered favorable as it indicates that the company is selling its inventory more quickly.

In contrast, the Days of Sales Outstanding (DSO) and Number of Days of Payables data are not available for the specified years, which limits our ability to assess the company's efficiency in collecting receivables and managing payables.

Overall, the inventory turnover seems relatively efficient with decreasing DOH figures over the years, but a deeper analysis incorporating DSO and payables turnover ratios would provide a more comprehensive view of Performance Food Group Co's operational efficiency and liquidity management.

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Long-term

Performance Food Group Co has shown a consistent improvement in its long-term activity ratios over the years, as indicated by its fixed asset turnover and total asset turnover ratios.

The fixed asset turnover ratio, which measures how efficiently the company generates sales from its fixed assets, has been steadily increasing from 13.06 in June 2020 to 19.29 in June 2023. This suggests that the company is utilizing its fixed assets more effectively to generate revenue, leading to increased productivity and profitability.

Similarly, the total asset turnover ratio, which indicates the company's ability to generate sales from its total assets, has shown a positive trend, increasing from 3.25 in June 2020 to 4.35 in June 2024. This indicates a higher level of efficiency in utilizing its total assets to generate revenue.

Overall, the steady improvement in both the fixed asset turnover and total asset turnover ratios reflects a positive trend in the company's long-term operational efficiency and asset utilization, highlighting its ability to generate more revenue from its asset base over time.