Fresh Del Monte Produce (FRA:FDM) Change In Inventory : €65 Mil (TTM As of Mar. 2024)

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What is Fresh Del Monte Produce Change In Inventory?

Fresh Del Monte Produce's change in inventory for the quarter that ended in Mar. 2024 was €21 Mil. It means Fresh Del Monte Produce's inventory declined by €21 Mil from Dec. 2023 to Mar. 2024 .

Fresh Del Monte Produce's change in inventory for the fiscal year that ended in Dec. 2023 was €59 Mil. It means Fresh Del Monte Produce's inventory declined by €59 Mil from Dec. 2022 to Dec. 2023 .

Fresh Del Monte Produce's Total Inventories for the quarter that ended in Mar. 2024 was €529 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fresh Del Monte Produce's Days Inventory for the quarter that ended in Mar. 2024 was 52.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fresh Del Monte Produce's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.75.

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. Fresh Del Monte Produce's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Fresh Del Monte Produce Change In Inventory Historical Data

The historical data trend for Fresh Del Monte 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.

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Fresh Del Monte Produce Change In Inventory Chart

Fresh Del Monte Produce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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7.29

31.81

-93.01

-68.06

59.33

Fresh Del Monte Produce Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															16.25	59.44	-6.65	-9.17	21.44

Fresh Del Monte 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €65 Mil.

Fresh Del Monte Produce (FRA:FDM) Change In Inventory Explanation

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

Fresh Del Monte 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
	=	539.6	/	943.552	*	365 / 4
	=	52.18

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

Fresh Del Monte Produce's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	943.552	/	539.6
	=	1.75

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.

Fresh Del Monte Produce's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	539.6	/	1019.268
	=	0.53

Fresh Del Monte Produce Change In Inventory Related Terms

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Fresh Del Monte Produce (FRA:FDM) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fresh Del Monte Produce Inc (FRA:FDM) » Definitions » Change In Inventory

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FDP:USA

Address

87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107

Website

https://www.freshdelmonte.com

Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.