Conagra Brands (Conagra Brands) Change In Inventory

: $148 Mil (TTM As of Feb. 2024)

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Conagra Brands's change in inventory for the quarter that ended in Feb. 2024 was $135 Mil. It means Conagra Brands's inventory declined by $135 Mil from Nov. 2023 to Feb. 2024 .

Conagra Brands's change in inventory for the fiscal year that ended in May. 2023 was $-265 Mil. It means Conagra Brands's inventory increased by $265 Mil from May. 2022 to May. 2023 .

Conagra Brands's Total Inventories for the quarter that ended in Feb. 2024 was $2,143 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Conagra Brands's Days Inventory for the quarter that ended in Feb. 2024 was 92.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Conagra Brands's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.98.

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. Conagra Brands's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.73.

Conagra Brands Change In Inventory Historical Data

The historical data trend for Conagra Brands'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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Conagra Brands Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Inventory

78.00

163.50

-364.30

-232.80

-265.30

Conagra Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory																40.50	75.10	-161.80	100.00	135.10

Conagra Brands 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $148 Mil.

Conagra Brands (NYSE:CAG) Change In Inventory Explanation

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

Conagra Brands's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2210.5	/	2174.1	*	365 / 4
	=	92.78

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

Conagra Brands's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2174.1	/	2210.5
	=	0.98

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.

Conagra Brands's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2210.5	/	3032.9
	=	0.73

Conagra Brands Change In Inventory Related Terms

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Conagra Brands (Conagra Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Conagra Brands Inc (NYSE:CAG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CAO:Germany CAO:Germany

Address

222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654

Website

https://www.conagrabrands.com

Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the U.S. retail channel, with just 8% of fiscal 2023 revenue coming from international markets and 9% from foodservice.

Executives

Richard H Lenny	director	ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Francisco Fraga	director	222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Thomas M Mcgough	officer: EVP and Co-COO	C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS 1-330, OMAHA NE 68102
William Eric Johnson	officer: SVP, Corporate Controller	222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Charisse Brock	officer: EVP, Chief HR Officer	C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
Robert G Wise	officer: SVP, Corporate Controller	C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, OMAHA NE 68102
Carey Bartell	officer: EVP, GC and Corp. Secretary	C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Denise Paulonis	director	8000 BENT BRANCH DRIVE, IRVING TX 75063
Emanuel Chirico	director	7 NEW YORK PLACE, BRONSVILLE NY 10708
Batcheler Colleen	officer: SVP and General Counsel	ONE CONAGRA DRIVE, OMAHA NE 68102
Darren Serrao	officer: EVP and Co-COO	C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
George Dowdie	director	C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE 1300, CHICAGO IL 60654
Fran Horowitz-bonadies	director	6301 FITCH PATH, NEW ALBANY OH 43054
Alexandre Eboli	officer: EVP,Chief Supply Chain Officer	C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Jana Partners Llc	director, other: See Remarks	767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153