Campbell’s Co (CPB)
Inventory turnover
| Jul 31, 2025 | Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 7,134,000 | 6,665,000 | 8,558,000 | 6,440,000 | 7,951,000 |
| Inventory | US$ in thousands | — | 1,386,000 | 1,386,000 | 1,291,000 | 1,291,000 |
| Inventory turnover | — | 4.81 | 6.17 | 4.99 | 6.16 |
July 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $7,134,000K ÷ $—K
= —
The inventory turnover for Campbell’s Co over the specified periods indicates fluctuations in inventory management efficiency. As of July 30, 2023, the inventory turnover was 6.16, suggesting that the company sold and replaced its inventory approximately six times within the year. This ratio decreased slightly to 4.99 by July 31, 2023, implying a temporary slowdown in inventory turnover or a buildup of inventory relative to sales during that period.
In the subsequent year, the inventory turnover increased to 6.17 as of July 28, 2024, which demonstrates an improved rate of inventory liquidation comparable to the previous-year level. However, by July 31, 2024, the ratio declined again to 4.81, indicating a similar pattern of reduced turnover or increased inventory levels relative to sales performance observed in earlier periods.
Data for July 31, 2025, is unavailable, leaving the trend incomplete for the latest period. Overall, the observed fluctuations suggest variability in inventory management efficiency across the periods analyzed. The pattern of rises and falls in inventory turnover may reflect seasonal factors, changes in sales volumes, or inventory control policies implemented by Campbell’s Co. Without additional context, these ratios imply that the company's ability to efficiently convert inventory into sales has experienced intermittent periods of both strength and weakness within the observed timeframe.