General Mills's total inventories for the quarter that ended in Feb. 2022 was $1,710 Mil. General Mills's average total inventories from the quarter that ended in Nov. 2021 to the quarter that ended in Feb. 2022 was $1,754 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. General Mills's Net-Net Working Capital per share for the quarter that ended in Feb. 2022 was $-30.42.
Inventory can be measured by days sales of inventory (DSI).
General Mills's days sales of inventory (DSI) for the
three
months ended in Feb. 2022 was 35.26.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
General Mills's Days Inventory for the
three
months ended in Feb. 2022 was 51.06.
Inventory Turnover measures how fast the company turns over its inventory within a year.
General Mills's Inventory Turnover for the quarter that ended in Feb. 2022 was 1.79.
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.
General Mills's Inventory-to-Revenue for the quarter that ended in Feb. 2022 was 0.39.
General Mills Total Inventories Historical Data
The historical data trend for General Mills's Total Inventories 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.
General Mills Annual Data
Trend
May12
May13
May14
May15
May16
May17
May18
May19
May20
May21
Total Inventories
1,483.60
1,642.20
1,559.30
1,426.30
1,820.50
General Mills Quarterly Data
May17
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
Total Inventories
1,758.80
1,820.50
1,935.20
1,797.30
1,710.00
General Mills Total Inventories Calculation
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
General Mills (NYSE:GIS) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
General Mills's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2022 is
5. 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.
General Mills's Inventory to Revenue for the quarter that ended in Feb. 2022 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
General Mills Total Inventories Related Terms
Thank you for viewing the detailed overview of General Mills's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.
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