Every story has a number: 7 hours
It’s Black Friday and whether or not you’ve been hitting the stores for hours already, there’s no denying you’ve seen a lot of numbers since that last bite of Thanksgiving supper.
To some, it’s a shopper’s paradise. For others, a dealer’s dilemma. You’d just as soon not see another $ until the New Year, and your bank account could not agree more.
From ads to emails, commercials and that friend who called to ask if they should pick you up some extra towels or PJs “because they’re 50% off!”, you’ve heard about your fair share of bargains for the day.
But don’t quit now.
Before you hang up your shopping bags, we’ve got a figure that should put a little spruce in your step and show why we’re so thankful to have partners like you.
7 hours.
That’s how long it takes the 17,500 Certified Angus Beef brand partners around the world to sell 1 million lbs. of product.
1 million lbs. of CAB. Can you picture it? We couldn’t either, so being the number crunchers that we are, we decided to break it down a bit further.
Let’s start at the beginning:
896 million lbs. were sold in CAB’s FY 15. Take that impressive number and divide by the 260 workdays our partners commit to each year and we end up with 3.45 million lbs. sold/day.
With partners in 53 countries and different time zones, we’d be remiss to not divide by a 24-hour work day to get 143,589 lbs. sold/hour.
Divide that number into our 1 million lbs. and you’re left with just 7 hours.
420 minutes – the length of a typical school day or, in my case, the time it takes to watch my favorite film, Lonesome Dove (give or take a few snack breaks).
Since you and I deal with cattle on the hoof more than on the rail, let’s look at it from the live side:
Take our 3.48 million head that got the CAB stamp in FY15 and divide it by 260 work days. That’s approximately 13,400 head certified each day.
Divide 13,400 by 24 hours in a day and multiply it by our 7 hours to get a rough figure of 3,900 head that supply our 1 million lbs.
Figuring 40 head of fat cattle per load, that’s close to 95 loads of fats heading down the highway or 25 semi loads of fresh product carrying our CAB label.
That’s a lot of CAB in a little amount of time.
That’s because of you.
Now go enjoy those delicious Thanksgiving leftovers and rest assured we’re thankful for you this season.
Laura
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PS–This is just one number in our month-long series. Check out posts that range from the number of packers that source CAB product to the average marbling EPD:
Day one: $6.93
Day two: 2.5 million
Day three: $204.10
Day four: 12.1 million
Day five: 11/13
Day six: 8 million
Day seven: 139
Day eight: $39
Day nine: 30.1%
Day 10: 120 million
Day 11: -2.26
Day 12: 12 to 15 minutes
Day 13: 30%
Day 14: 32 million
Day 15: $154,000
Day 16: 118
Day 17: .51
Day 18: 105
Day 19: 1650
Day 20: 36,575
Day 21: 603
Day 22: 23%
Day 23: 31
Day 24: .53
Day 25: 40%
Day 26: $4.52
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