ConAgra Foods Inc (CAG)

Days of inventory on hand (DOH)

		May 31, 2025	May 31, 2024	May 26, 2024	May 31, 2023	May 28, 2023
Inventory turnover		4.20	4.19	5.89	4.07	5.43
DOH	days	86.84	87.21	61.93	89.60	67.26

May 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.20
= 86.84

The days of inventory on hand (DOH) for ConAgra Foods Inc. exhibit notable fluctuations over the analyzed period. As of May 28, 2023, the company maintained a DOH of approximately 67.26 days, indicating the number of days it typically took to sell its inventory at that time. However, by the end of the month on May 31, 2023, the DOH increased significantly to approximately 89.60 days, reflecting a prolonged period to clear inventory, possibly due to supply chain disruptions, changes in demand, or inventory management strategies.

Moving forward to the subsequent year, the DOH decreased to approximately 61.93 days by May 26, 2024, marking a reduction in inventory holding period and suggesting more efficient inventory turnover. Despite this reduction, the DOH rose again slightly to around 87.21 days by May 31, 2024, which could imply renewed challenges in inventory management or shifts in sales velocity.

Looking further ahead, the DOH as of May 31, 2025, remained relatively stable at approximately 86.84 days, indicating a period of consistent inventory management performance or market conditions. Overall, the trend reveals variability in inventory turnover, with periods of both elongation and contraction, potentially impacted by operational, seasonal, or strategic factors influencing inventory levels and sales cycles.