General Mills Inc (GIS)

The inventory turnover ratios for General Mills Inc. over the specified periods exhibit considerable fluctuations, indicating variability in inventory management efficiency. As of May 28, 2023, the inventory turnover was recorded at -2.11, which suggests an anomalous or potentially erroneous figure, given that inventory turnover ratios are typically positive and reflect the number of times inventory is sold and replaced over a period. On May 31, 2023, the ratio improved significantly to 6.24, indicating an increase in inventory efficiency; this suggests that the company was able to sell and replenish its inventory approximately 6.24 times within that period.

Looking forward to the fiscal period ending May 26, 2024, the ratio further declined to -2.58, once again indicating an inconsistency or possible data irregularity, as negative ratios are not standard in inventory turnover metrics. Conversely, by May 31, 2024, the ratio shows a positive value of 6.81, reflecting a slight improvement and consistent inventory turnover performance comparable to the earlier positive measure.

Finally, for May 31, 2025, the inventory turnover stands at 6.68, marginally below the previous period’s ratio but still within a similar range, indicating maintained efficiency in inventory management.

Overall, despite the noted irregularities with some negative figures, the data suggests that General Mills Inc. generally maintains an inventory turnover ratio around 6.7 to 6.8 in recent periods, reflecting a consistent level of inventory management efficiency typical of a company operating within the consumer staples sector. The fluctuations and irregularities in specific data points warrant further investigation into potential reporting anomalies or adjustments during those periods but do not significantly alter the overall trend of stable inventory turnover performance.

Peer comparison

May 31, 2025