Mission Produce (Mission Produce) Change In Inventory : $-8.0 Mil (TTM As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Mission Produce Change In Inventory?

Mission Produce's change in inventory for the quarter that ended in Jan. 2024 was $-14.8 Mil. It means Mission Produce's inventory increased by $14.8 Mil from Oct. 2023 to Jan. 2024 .

Mission Produce's change in inventory for the fiscal year that ended in Oct. 2023 was $3.0 Mil. It means Mission Produce's inventory declined by $3.0 Mil from Oct. 2022 to Oct. 2023 .

Mission Produce's Total Inventories for the quarter that ended in Jan. 2024 was $85.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mission Produce's Days Inventory for the quarter that ended in Jan. 2024 was 31.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mission Produce's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.94.

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. Mission Produce's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.30.

Mission Produce Change In Inventory Historical Data

The historical data trend for Mission Produce'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.

* Premium members only.

Mission Produce Change In Inventory Chart

Mission Produce Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

Get a 7-Day Free Trial

-12.30

5.90

-11.20

-15.30

3.00

Mission Produce Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-3.80	-17.30	8.00	16.10	-14.80

Mission Produce 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.0 Mil.

Mission Produce (NAS:AVO) Change In Inventory Explanation

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

Mission Produce's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	78.35	/	230	*	365 / 4
	=	31.08

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

Mission Produce's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	230	/	78.35
	=	2.94

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.

Mission Produce's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	78.35	/	258.7
	=	0.30

Mission Produce Change In Inventory Related Terms

Thank you for viewing the detailed overview of Mission Produce's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mission Produce (Mission Produce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mission Produce Inc (NAS:AVO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

5YM:Germany

Address

2710 Camino Del Sol, Oxnard, CA, USA, 93030

Website

https://www.missionproduce.com

Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.

Executives

Bryan E Giles	officer: CHIEF FINANCIAL OFFICER	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Stephen J Barnard	director, officer: PRESIDENT AND CEO	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Tony B Sarsam	director	850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Luis A Gonzalez	director, 10 percent owner	C/O MISSION PRODUCE,INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Juan R Wiesner	officer: See Remarks	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Timothy Bulow	officer: President and COO	2710 CAMINO DEL SOL, OXNARD CA 93030
Bonnie Cruickshank Lind	director	3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Shaunte Danielle Mears-watkins	director	2710 CAMINO DEL SOL, OXNARD CA 93030
Joanne C Wu	officer: General Counsel and Secretary	C/O MISSION PRODUCE, INC., 2710 CAMINO DEL SOL, OXNARD CA 93030
Michael A Browne	officer: CHIEF OPERATING OFFICER	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Jay A Pack	director	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Steve A Beebe	director	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Ross W Wileman	officer: See Remarks	C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Bruce C. Taylor	director, 10 percent owner	C/O TAYLOR FARMS, 911-B BLANCO CIRCLE, SALINAS CA 93901
Linda B Segre	director	2180 RUTHERFORD ROAD, CARLSBAD CA 92008