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Darling Ingredients Inc   (DAR)
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Darling Ingredients Inc's Suppliers Performance

DAR's Supply Chain

 
DAR Costs vs Sales of Suppliers Growth Revenues of Darling Ingredients Inc's Suppliers, deteriorated by -1.96 % compared to the same quarter a year ago, from the previous quarter, sales fell by -1.96 %, Darling Ingredients Inc's cost of sales deteriorated by -14.62 % year on year, relative to one quarter ago cost of sales fell by -4.93 % in Q4.

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Darling Ingredients Inc's Suppliers realized a deteriorated in sales by -1.96 % compared to the same quarter a year ago, from the previous quarter, sales fell by -1.96 %, Darling Ingredients Inc's cost of sales deteriorated by -14.62 % year on year, compare to one quarter ago cost of sales fell by -4.93 % in Q4.

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  News about Darling Ingredients Inc Contracts



Darling Ingredients Inc's Comment on Supply Chain


Bakery by-products are collected from large commercial bakeries that produce a variety of products, including cookies, crackers, cereal, bread, dough, potato chips, pretzels, sweet goods and biscuits. The Company collects these materials by bulk loading onsite at the bakeries utilizing proprietary equipment, the majority of which is designed, engineered, manufactured and installed by us. All of the bakery residual that the Company collects is bulk loaded, which we believe represents a significant advantage over competitors that receive a large percentage of raw materials from less efficient, manual methods. The receipt of bulk-loaded bakery residual allows us to significantly streamline our bakery recycling process, reduce personnel costs, and maximize freight savings by hauling more tons per load.

The Companys North American animal by-products operations collect beef, poultry and pork by-products, which are collected primarily from slaughterhouses, grocery stores, butcher shops and food service establishments. These raw materials are collected in one of two manners. Certain large suppliers, such as large slaughterhouses, are furnished with bulk containers in which the raw material is loaded. We provide the remaining suppliers, primarily grocery stores and butcher shops, with containers in which to deposit the raw material. The containers are picked up by, or emptied into, the Company’s trucks on a periodic basis. The type and frequency of service is determined by individual supplier requirements, the volume of raw material generated by the supplier, supplier location and weather, among other factors. The raw materials we collect are transported either directly to a processing plant or to a transfer station where materials from several collection routes are loaded into trailers and transported to a processing plant. These raw materials are delivered to plants for processing usually within 24 hours of collection to deter spoilage.

In North America, we also collect used cooking oil from and service grease traps at restaurants, food service establishments and grocery stores. Used cooking oil is heated, settled, and purified for use as an animal feed additive or is further processed into biodiesel. Products derived from used cooking oil include YG, biodiesel, and Fat for Fuel®, which uses grease as a fuel source for industrial boilers and dryers. Many of our customers operate stores that are part of national chains. Used cooking oil from food service establishments is placed in various sizes and types of containers that we supply. In some instances, these containers are unloaded directly onto our trucks, while in other instances used cooking oil is pumped through a vacuum hose into the truck. We sell two types of containers, called CleanStar® and B.O.S.S., for used cooking oil collection to food service establishments, both of which are proprietary self-contained collection systems that are housed either inside or outside the establishment, with the used cooking oil pumped directly into collection vehicles via an outside valve. The frequency of all forms of used cooking oil collection is determined by the volume of oil generated by the food service establishment. We either transport trap grease to waste treatment centers or recycle it at our facilities into a host of environmentally safe product streams. We provide our customers with a comprehensive set of solutions to their trap grease disposal needs, including manifests for regulatory compliance, computerized routing for consistent cleaning and comprehensive trap cleaning. The Company also collects non-hazardous liquid and semi-solid waste streams from the food processing industry and reprocesses and recycles these residuals, primarily by permitted land application to enrich soils in accordance with applicable environmental regulations.

We have two primary pricing arrangements-formula and non-formula arrangements-with our suppliers of poultry, beef, pork, bakery residuals and used cooking oil. Under a “formula” arrangement, the charge or credit for raw materials is tied to published finished product prices for a competing ingredient after deducting a fixed processing fee. We also acquire raw material under “non-formula” arrangements whereby suppliers are either paid a fixed price, are not paid, or are charged a collection fee, depending on various economic and competitive factors. The credit received or amount charged for raw materials under both formula and non-formula arrangements is based on various factors, including the type of raw materials, demand for the raw materials, the expected value of the finished product to be produced, the anticipated yields, the volume of material generated by the supplier and processing and transportation costs. Formula prices are generally adjusted on a weekly, monthly or quarterly basis, while non-formula prices or charges are adjusted as needed to respond to changes in finished product prices or related operating costs. Since most of our raw materials are residual by-products of meat processing and other food production, we are not able to contract with our suppliers to increase supply if demand for our products increases.


Darling Ingredients Inc's Comment on Supply Chain


Bakery by-products are collected from large commercial bakeries that produce a variety of products, including cookies, crackers, cereal, bread, dough, potato chips, pretzels, sweet goods and biscuits. The Company collects these materials by bulk loading onsite at the bakeries utilizing proprietary equipment, the majority of which is designed, engineered, manufactured and installed by us. All of the bakery residual that the Company collects is bulk loaded, which we believe represents a significant advantage over competitors that receive a large percentage of raw materials from less efficient, manual methods. The receipt of bulk-loaded bakery residual allows us to significantly streamline our bakery recycling process, reduce personnel costs, and maximize freight savings by hauling more tons per load.

The Companys North American animal by-products operations collect beef, poultry and pork by-products, which are collected primarily from slaughterhouses, grocery stores, butcher shops and food service establishments. These raw materials are collected in one of two manners. Certain large suppliers, such as large slaughterhouses, are furnished with bulk containers in which the raw material is loaded. We provide the remaining suppliers, primarily grocery stores and butcher shops, with containers in which to deposit the raw material. The containers are picked up by, or emptied into, the Company’s trucks on a periodic basis. The type and frequency of service is determined by individual supplier requirements, the volume of raw material generated by the supplier, supplier location and weather, among other factors. The raw materials we collect are transported either directly to a processing plant or to a transfer station where materials from several collection routes are loaded into trailers and transported to a processing plant. These raw materials are delivered to plants for processing usually within 24 hours of collection to deter spoilage.

In North America, we also collect used cooking oil from and service grease traps at restaurants, food service establishments and grocery stores. Used cooking oil is heated, settled, and purified for use as an animal feed additive or is further processed into biodiesel. Products derived from used cooking oil include YG, biodiesel, and Fat for Fuel®, which uses grease as a fuel source for industrial boilers and dryers. Many of our customers operate stores that are part of national chains. Used cooking oil from food service establishments is placed in various sizes and types of containers that we supply. In some instances, these containers are unloaded directly onto our trucks, while in other instances used cooking oil is pumped through a vacuum hose into the truck. We sell two types of containers, called CleanStar® and B.O.S.S., for used cooking oil collection to food service establishments, both of which are proprietary self-contained collection systems that are housed either inside or outside the establishment, with the used cooking oil pumped directly into collection vehicles via an outside valve. The frequency of all forms of used cooking oil collection is determined by the volume of oil generated by the food service establishment. We either transport trap grease to waste treatment centers or recycle it at our facilities into a host of environmentally safe product streams. We provide our customers with a comprehensive set of solutions to their trap grease disposal needs, including manifests for regulatory compliance, computerized routing for consistent cleaning and comprehensive trap cleaning. The Company also collects non-hazardous liquid and semi-solid waste streams from the food processing industry and reprocesses and recycles these residuals, primarily by permitted land application to enrich soils in accordance with applicable environmental regulations.

We have two primary pricing arrangements-formula and non-formula arrangements-with our suppliers of poultry, beef, pork, bakery residuals and used cooking oil. Under a “formula” arrangement, the charge or credit for raw materials is tied to published finished product prices for a competing ingredient after deducting a fixed processing fee. We also acquire raw material under “non-formula” arrangements whereby suppliers are either paid a fixed price, are not paid, or are charged a collection fee, depending on various economic and competitive factors. The credit received or amount charged for raw materials under both formula and non-formula arrangements is based on various factors, including the type of raw materials, demand for the raw materials, the expected value of the finished product to be produced, the anticipated yields, the volume of material generated by the supplier and processing and transportation costs. Formula prices are generally adjusted on a weekly, monthly or quarterly basis, while non-formula prices or charges are adjusted as needed to respond to changes in finished product prices or related operating costs. Since most of our raw materials are residual by-products of meat processing and other food production, we are not able to contract with our suppliers to increase supply if demand for our products increases.



DAR's Suppliers Net profit fell by DAR's Suppliers Net margin fell in Q4 to
-25 % 7.15 %


Darling Ingredients Inc 's Suppliers Sales Growth in Q4 2023 by Industry

Suppliers from Chemical Manufacturing Industry -3.26 %   
Suppliers from Chemicals - Plastics & Rubber Industry -4.26 %   
Suppliers from Containers & Packaging Industry -3.95 %   
Suppliers from Miscellaneous Fabricated Products Industry -3.77 %   
Suppliers from Paper & Paper Products Industry -7.69 %   
Suppliers from Miscellaneous Manufacturing Industry      195.81 %
Suppliers from Industrial Machinery and Components Industry      0.3 %
Suppliers from Food Processing Industry -1.56 %   
Suppliers from Railroads Industry -1.34 %   
     
• DAR Suppliers Valuation • DAR Suppliers Mgmt. Effect.





DAR's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Darling Ingredients Inc 7,318.17 6,788.08 660.39 10,000
Sealed Air Corp 5,165.98 5,488.90 341.60 16,500
General Mills Inc 39,548.21 20,200.00 2,460.60 32,500
Csx Corporation 74,922.51 14,657.00 3,715.00 20,900
Illinois Tool Works Inc 80,332.04 16,107.00 2,957.00 45,000
O i Glass Inc 2,325.96 7,105.00 -85.00 21,100
International Paper Company 12,271.61 18,916.00 288.00 31,000
Ricebran Technologies 1.27 30.43 -15.82 264
Clearwater Paper Corporation 678.34 2,082.80 251.90 3,300
Graphic Packaging Holding Co 8,376.29 9,428.00 723.00 13,000
Packaging Corp Of America 16,332.78 7,842.10 787.60 15,200
Sonoco Products Company 5,530.30 6,780.65 475.90 20,000
Advanced Drainage Systems Inc 12,777.30 2,443.05 504.12 4,615
Innospec Inc 3,052.48 1,963.90 126.80 1,800
Newmarket Corporation 5,988.16 2,697.51 388.86 1,998
Aptargroup Inc 9,438.27 3,487.45 284.18 12,700
Berry Global Group Inc 7,045.78 12,457.00 562.00 21,000
Greif Inc 3,656.37 5,153.10 360.30 0
Matthews International Corp 948.84 1,880.79 33.19 10,300
Tredegar Corporation 173.21 999.02 -105.91 2,800
SUBTOTAL 288,565.68 139,719.70 14,053.33 273,977


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