Seneca Foods (Seneca Foods) Change In Inventory : $-135 Mil (TTM As of Dec. 2023)

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What is Seneca Foods Change In Inventory?

Seneca Foods's change in inventory for the quarter that ended in Dec. 2023 was $25 Mil. It means Seneca Foods's inventory declined by $25 Mil from Sep. 2023 to Dec. 2023 .

Seneca Foods's change in inventory for the fiscal year that ended in Mar. 2023 was $-267 Mil. It means Seneca Foods's inventory increased by $267 Mil from Mar. 2022 to Mar. 2023 .

Seneca Foods's Total Inventories for the quarter that ended in Dec. 2023 was $969 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seneca Foods's Days Inventory for the quarter that ended in Dec. 2023 was 231.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seneca Foods's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.39.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Seneca Foods's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.23.

Seneca Foods Change In Inventory Historical Data

The historical data trend for Seneca Foods's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seneca Foods Change In Inventory Chart

Seneca Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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142.27

90.05

68.49

-60.85

-266.90

Seneca Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-38.49	182.56	-64.23	-278.32	24.92

Seneca Foods Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-135 Mil.

Seneca Foods (OTCPK:SENEM) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Seneca Foods's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	991.168	/	390.448	*	365 / 4
	=	231.64

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Seneca Foods's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	390.448	/	991.168
	=	0.39

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Seneca Foods's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	991.168	/	444.481
	=	2.23

Seneca Foods Change In Inventory Related Terms

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Seneca Foods (Seneca Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Seneca Foods Corp (OTCPK:SENEM) » Definitions » Change In Inventory

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SENEB:USA SENEA:USA

Address

350 WillowBrook Office Park, Fairport, NY, USA, 14480

Website

https://www.senecafoods.com

Seneca Foods Corp is a US-based company which acts as a provider of packaged fruits and vegetables. Its product offerings include canned, frozen and bottled produce and snack chips. The company's segment includes fruits and vegetables, prepared food products, and snack products. It generates maximum revenue from Canned vegetables followed by Frozen vegetables.