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McCormick (BSP:M1KC34) Days Inventory : 113.30 (As of May. 2025)


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What is McCormick Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). McCormick's Average Total Inventories for the three months ended in May. 2025 was R$7,294 Mil. McCormick's Cost of Goods Sold for the three months ended in May. 2025 was R$5,874 Mil. Hence, McCormick's Days Inventory for the three months ended in May. 2025 was 113.30.

The historical rank and industry rank for McCormick's Days Inventory or its related term are showing as below:

BSP:M1KC34' s Days Inventory Range Over the Past 10 Years
Min: 89.82   Med: 102.7   Max: 112.94
Current: 109.11

During the past 13 years, McCormick's highest Days Inventory was 112.94. The lowest was 89.82. And the median was 102.70.

BSP:M1KC34's Days Inventory is ranked worse than
64.34% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 84.1 vs BSP:M1KC34: 109.11

McCormick's Days Inventory increased from May. 2024 (100.25) to May. 2025 (113.30). It might indicate that McCormick's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. McCormick's Inventory Turnover for the three months ended in May. 2025 was 0.81.

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. McCormick's Inventory-to-Revenue for the three months ended in May. 2025 was 0.78.


McCormick Days Inventory Historical Data

The historical data trend for McCormick's Days 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.

McCormick Days Inventory Chart

McCormick Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.88 104.68 115.94 112.66 96.79

McCormick Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.25 102.52 103.06 113.55 113.30

Competitive Comparison of McCormick's Days Inventory

For the Packaged Foods subindustry, McCormick's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCormick's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's Days Inventory distribution charts can be found below:

* The bar in red indicates where McCormick's Days Inventory falls into.


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McCormick Days Inventory Calculation

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

McCormick's Days Inventory for the fiscal year that ended in Nov. 2024 is calculated as

Days Inventory (A: Nov. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2023 ) + Total Inventories (A: Nov. 2024 )) / count ) / Cost of Goods Sold (A: Nov. 2024 )*Days in Period
=( (5517.597 + 7186.584) / 2 ) / 23953.543*365
=6352.0905 / 23953.543*365
=96.79

McCormick's Days Inventory for the quarter that ended in May. 2025 is calculated as:

Days Inventory (Q: May. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2025 ) + Total Inventories (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (7179.389 + 7408.818) / 2 ) / 5874.357*365 / 4
=7294.1035 / 5874.357*365 / 4
=113.30

* 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.


McCormick  (BSP:M1KC34) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

McCormick's Inventory Turnover for the three months ended in May. 2025 is calculated as

2. 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.

McCormick's Inventory to Revenue for the three months ended in May. 2025 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


McCormick Days Inventory Related Terms

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


McCormick Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-year history, McCormick has become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is extensive, with nearly 40% of sales generated beyond its home turf to 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.

McCormick Headlines

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