| Address:
|
2530 RED HILL AVE
|
| City: |
SANTA ANA |
|
State: |
CA |
|
Zip Code: |
92705 |
| Telephone: |
909-833-4200 |
|
Description of Business
|
Primary SIC Code:
0700 |
| (As filed with the SEC)
|
|
|
Calavo Growers, Inc. (Calavo, the Company, we, us or our), is a global leader in
the avocado industry and an expanding provider of value-added fresh food. Our
expertise in marketing and distributing avocados, prepared avocados, and other
perishable foods allows us to deliver a wide array of fresh and prepared food
products to food distributors, produce wholesalers, supermarkets, convenience
stores, and restaurants on a worldwide basis. We procure avocados principally
from California, Mexico, and Chile. Through our various operating facilities, we
sort, pack, and/or ripen avocados, tomatoes and/or Hawaiian grown papayas.
Additionally, we also produce salsa and prepare ready-to-eat produce and deli
products. We distribute our products both domestically and internationally and
report our operations in two different business segments: Fresh products and
Calavo Foods. See Note 11 in our consolidated financial statements for further
information about our business segments. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 10/2011 | 0.75 | 0.550 | 30.09 | | 07/2011 | 0.83 | NA | 24.90 | | 04/2011 | 1.05 | NA | 20.00 | | 01/2011 | 1.22 | NA | 18.92 | | 10/2010 | 1.22 | 0.550 | 17.95 | | 07/2010 | 1.05 | NA | 20.11 | | 04/2010 | 0.82 | NA | 21.15 | | 01/2010 | 0.80 | NA | 20.95 |
Key Financial Ratios and Statistics |
FYE:
10/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.22 | Total Liab/Total Assets | 0.48 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.90 | | Net Inc/Inv Cap | 0.11 | Total Liab/Comm Equity | 1.78 | | Pretax Inc/Net Sales | 0.03 | Interest Coverage Ratio | 18.92 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 0.24 | | Cash Flow/Net Sales | 0.02 | LTD/Equity | 0.19 | | SG&A/NetSales | 0.05 | Total Debt/Equity | 0.43 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 12.72 | Quick Ratio | 0.85 | | Inventory Turnover | 29.41 | Current Ratio | 1.14 | | Inventory Day Sales | 0.07 | Net Rec/Curr Assets | 0.63 | | Net Sales/Work Cap | 60.46 | Inv/Curr Assets | 0.25 | | Net Sales/PP&E | 11.10 | | |
Income Statement (Millions) |
| |
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Total Revenues(Net Sales)
|
147.35
|
165.14
|
118.72
|
91.32
|
|
Cost of Goods Sold
|
133.92
|
153.80
|
109.30
|
82.65
|
|
Selling & Admin Exps
|
7.03
|
6.84
|
5.64
|
5.02
|
|
Operating Income
|
6.40
|
4.50
|
3.79
|
3.65
|
|
Interest Exp
|
0.30
|
0.28
|
0.24
|
0.20
|
|
Pretax Income
|
6.13
|
4.39
|
4.01
|
3.68
|
|
Other Income
|
-0.53
|
0.18
|
0.46
|
0.23
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
3.64
|
2.71
|
2.40
|
2.31
|
|
Assets
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Cash & Short Term Investments
|
2.77
|
2.45
|
1.37
|
0.94
|
|
Receivables - Total
|
44.70
|
67.32
|
45.34
|
41.48
|
|
Inventories - Total
|
17.79
|
21.85
|
21.82
|
15.72
|
|
Total Current Assets
|
71.48
|
98.90
|
74.63
|
66.47
|
|
Net Property, Plant & Equipment
|
47.09
|
46.27
|
42.34
|
41.40
|
|
Total Assets
|
185.32
|
216.15
|
166.06
|
159.03
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
39.53
|
54.41
|
15.07
|
19.30
|
|
Debt in Current Liabilities
|
23.31
|
29.59
|
39.80
|
30.12
|
|
Total Current Liabilities
|
62.84
|
83.99
|
54.87
|
49.42
|
|
Long-Term Debt
|
18.24
|
19.28
|
6.05
|
6.07
|
|
Total Liabilities
|
89.08
|
111.79
|
70.83
|
65.76
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.46
|
0.51
|
0.52
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Retained Earnings
|
41.90
|
46.39
|
43.67
|
41.27
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
95.78
|
103.85
|
95.23
|
93.28
|
|
Total Liabilities and Stockholders' Equity
|
184.86
|
215.64
|
166.06
|
159.03
|
Cash Flow Summary (Millions) |
|
Categories
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Net Cash Provided by Operating Activities
|
10.40
|
2.81
|
2.38
|
-7.72
|
|
Net Cash Provided by Investing Activities
|
-3.42
|
-14.84
|
-1.56
|
-1.08
|
|
Net Cash Provided by Financing Activities
|
-6.66
|
13.12
|
-0.38
|
8.67
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 10/2007 | 302.98 | 7.33 | 0.51 | | 10/2008 | 361.47 | 7.72 | 0.53 | | 10/2009 | 344.76 | 13.61 | 0.94 | | 10/2010 | 398.35 | 17.76 | 1.22 | | 10/2011 | 522.53 | 11.07 | 0.75 | | Growth Rates | 14.60 | 10.85 | 10.12 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 88 | 7,911 | 53.57 |
|
Report Date :
2/6/2012
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