ConAgra Foods Inc (CAG)
Inventory turnover
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 8,609,300 | 8,717,500 | 12,276,900 | 9,012,200 | 12,005,400 |
| Inventory | US$ in thousands | 2,048,300 | 2,083,000 | 2,083,000 | 2,212,200 | 2,212,200 |
| Inventory turnover | 4.20 | 4.19 | 5.89 | 4.07 | 5.43 |
May 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $8,609,300K ÷ $2,048,300K
= 4.20
The inventory turnover ratio for ConAgra Foods Inc. has exhibited variability over the periods analyzed. On May 28, 2023, the inventory turnover was documented at 5.43, indicating the number of times inventory was sold and replaced within that period. This ratio decreased significantly by May 31, 2023, to 4.07, reflecting a slowdown in inventory sales or possible accumulation of inventory. Moving into the following year, the ratio increased to 5.89 as of May 26, 2024, suggesting an improvement in inventory management efficiency, with inventory being cycled through more rapidly. However, by May 31, 2024, the ratio declined again to 4.19, aligning more closely with the earlier lower levels, which may indicate either increased stockpiling or a slowdown in sales activity. The ratio remained relatively stable into May 31, 2025, at 4.20, exhibiting minimal change from the previous period. Overall, these fluctuations reflect periods of both efficiency improvements and potential inventory buildup, which could be influenced by factors such as seasonal demand, changes in sales performance, supply chain dynamics, or strategic inventory management decisions.
Peer comparison
May 31, 2025