Campbell Soup Company Common Stock (CPB)
Inventory turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 7,587,000 | 7,358,000 | 7,555,000 | 7,636,000 | 7,556,000 | 7,649,000 | 7,687,000 | 7,400,000 | 7,038,000 | 6,869,000 | 6,455,000 | 7,160,000 | 7,145,000 | 7,706,000 | 7,396,000 | 7,098,000 | 6,822,000 | 6,240,000 | 6,691,000 | 6,386,000 |
| Inventory | US$ in thousands | 1,288,000 | 1,413,000 | 1,386,000 | 1,386,000 | 1,300,000 | 1,300,000 | 1,188,000 | 1,188,000 | 1,340,000 | 1,340,000 | 1,291,000 | 1,291,000 | 1,280,000 | 1,251,000 | 1,251,000 | 1,361,000 | 1,361,000 | 1,246,000 | 1,044,000 | 1,044,000 |
| Inventory turnover | 5.89 | 5.21 | 5.45 | 5.51 | 5.81 | 5.88 | 6.47 | 6.23 | 5.25 | 5.13 | 5.00 | 5.55 | 5.58 | 6.16 | 5.91 | 5.22 | 5.01 | 5.01 | 6.41 | 6.12 |
January 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $7,587,000K ÷ $1,288,000K
= 5.89
Campbell Soup Company Common Stock's inventory turnover has fluctuated over the provided periods. The inventory turnover ratio indicates how efficiently the company manages its inventory by revealing the number of times inventory is sold or replaced during a specific time period.
From April 2022 to October 2023, the inventory turnover ranged from a low of 5.00 to a high of 6.41, showing some variability in the company's ability to turn over its inventory efficiently. This variability could be due to factors such as changes in consumer demand, production issues, or inventory management practices.
In the latter periods, from January 2024 to January 2025, the inventory turnover increased consistently, reaching a peak of 6.47 in January 2024. This upward trend suggests that Campbell Soup Company Common Stock improved its inventory management efficiency during this time, possibly by streamlining operations or adjusting inventory levels to better match demand.
Overall, Campbell Soup Company Common Stock's inventory turnover ratio provides insights into the company's ability to manage its inventory effectively. Investors and stakeholders may monitor this ratio over time to assess the company's operational efficiency and inventory management practices.
Peer comparison
Jan 31, 2025
Jan 31, 2025