Kellanova Co (MEX:K) Change In Inventory : MXN2,192 Mil (TTM As of Jun. 2024)

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What is Kellanova Co Change In Inventory?

Kellanova Co's change in inventory for the quarter that ended in Jun. 2024 was MXN165 Mil. It means Kellanova Co's inventory declined by MXN165 Mil from Mar. 2024 to Jun. 2024 .

Kellanova Co's change in inventory for the fiscal year that ended in Dec. 2023 was MXN2,359 Mil. It means Kellanova Co's inventory declined by MXN2,359 Mil from Dec. 2022 to Dec. 2023 .

Kellanova Co's Total Inventories for the quarter that ended in Jun. 2024 was MXN21,709 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kellanova Co's Days Inventory for the quarter that ended in Jun. 2024 was 51.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kellanova Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.78.

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. Kellanova Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.36.

Kellanova Co Change In Inventory Historical Data

The historical data trend for Kellanova Co'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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Kellanova Co Change In Inventory Chart

Kellanova Co Annual Data

Trend

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Dec23

Change In Inventory

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37.72

-1,074.17

-2,769.39

-8,012.86

2,359.42

Kellanova Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Inventory	Get a 7-Day Free Trial															754.33	905.78	1,188.20	-66.39	164.88

Kellanova Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,192 Mil.

Kellanova Co (MEX:K) Change In Inventory Explanation

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

Kellanova Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	20895.3955	/	37208.129	*	365 / 4
	=	51.24

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

Kellanova Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37208.129	/	20895.3955
	=	1.78

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.

Kellanova Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20895.3955	/	58477.769
	=	0.36

Kellanova Co Change In Inventory Related Terms

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Kellanova Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kellanova Co (MEX:K) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

K:USA 1K:Italy 0R1R:UK KEL:Germany K1EL34:Brazil KELL:Austria

Address

412 N. Wells Street, Chicago, IL, USA, 60654

Website

https://www.kellanova.com

Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.