ConAgra Foods Inc (CAG)
Days of inventory on hand (DOH)
May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 4.20 | 4.42 | 5.02 | 4.85 | 5.42 | 5.55 | 4.61 | 4.57 | 4.24 | 4.17 | 4.17 | 4.24 | 4.66 | 4.76 | 4.34 | 4.31 | 4.55 | 4.47 | 4.66 | 4.68 | |
DOH | days | 86.84 | 82.61 | 72.68 | 75.20 | 67.29 | 65.77 | 79.14 | 79.90 | 86.06 | 87.62 | 87.44 | 86.01 | 78.25 | 76.76 | 84.09 | 84.63 | 80.13 | 81.61 | 78.32 | 78.07 |
May 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.20
= 86.84
The days of inventory on hand (DOH) for ConAgra Foods Inc. have exhibited notable fluctuations over the analyzed period. Starting from approximately 78.07 days in August 2022, the DOH slightly increased to around 81.61 days by November 2022, indicating a modest accumulation of inventory during this interval. Subsequently, the figure remained relatively stable into early 2023, with minor variations, reaching approximately 84.63 days in February 2023.
A decrease was observed in the late fiscal year 2023, with the DOH declining to approximately 76.76 days in May 2023 before again increasing. Mid-year 2023 data reflect a rising trend, culminating in an apex of about 87.62 days in November 2023. This suggests a period of increased inventory holdings relative to sales velocity during this timeframe.
Moving into the subsequent months, a downward trend is evident as the DOH decreased to approximately 65.77 days in May 2024, indicating a reduction in inventory levels even relative to sales. However, this decline was temporary, with the DOH rising again to roughly 86.84 days by May 2025, reverting to higher inventory levels similar to previous peaks.
Overall, the data demonstrate periods of inventory accumulation and reduction, with the DOH fluctuating within a range approximately between 65.77 days and 87.62 days. These fluctuations could reflect changes in production schedules, demand forecasts, supply chain dynamics, or strategic inventory management decisions. The recent decrease followed by an increase suggests responsive adjustments to operational or market factors influencing inventory management practices.
Peer comparison
May 31, 2025