ConAgra Foods Inc (CAG)
Days of inventory on hand (DOH)
| 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 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.42 | 5.02 | 4.85 | 5.42 | 5.55 | 4.61 | 4.57 | 4.24 | 4.17 | 4.17 | 4.24 | 4.62 | 4.76 | 4.34 | 4.31 | 4.55 | 4.47 | 4.66 | 4.68 | 4.96 | |
| DOH | days | 82.61 | 72.68 | 75.20 | 67.29 | 65.77 | 79.14 | 79.90 | 86.06 | 87.62 | 87.44 | 86.01 | 78.95 | 76.76 | 84.09 | 84.63 | 80.13 | 81.61 | 78.31 | 78.06 | 73.52 |
February 28, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.42
= 82.61
The days of inventory on hand (DOH) metric for ConAgra Foods Inc has shown fluctuations over the analyzed period. The company's inventory management improved from May 31, 2022, to November 26, 2023, based on a decreasing trend in DOH. However, there was an increase in DOH at the year-end of February 29, 2024, which suggests a potential buildup of inventory.
The DOH ratio decreased in the subsequent period up to May 31, 2024, indicating a more efficient management of inventory levels. This improvement was followed by a slight increase in DOH by August 31, 2024. Nevertheless, the downward trend resumed by the end of November 30, 2024, reflecting enhanced inventory turnover efficiency.
The most recent data point as of February 28, 2025, shows a higher DOH compared to the previous period. It is essential for ConAgra Foods Inc to ensure that inventory levels are optimized to maintain a balance between meeting customer demand and controlling carrying costs. Further analysis of the underlying reasons for fluctuations in DOH would provide valuable insights into the company's inventory management practices.
Peer comparison
Feb 28, 2025