McCormick (WBO:MKC) Change In Inventory : €-124 Mil (TTM As of Feb. 2025)

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What is McCormick Change In Inventory?

McCormick's change in inventory for the quarter that ended in Feb. 2025 was €-11 Mil. It means McCormick's inventory increased by €11 Mil from Nov. 2024 to Feb. 2025 .

McCormick's change in inventory for the fiscal year that ended in Nov. 2024 was €-118 Mil. It means McCormick's inventory increased by €118 Mil from Nov. 2023 to Nov. 2024 .

McCormick's Total Inventories for the quarter that ended in Feb. 2025 was €1,196 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McCormick's Days Inventory for the quarter that ended in Feb. 2025 was 112.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. McCormick's Inventory Turnover for the quarter that ended in Feb. 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 quarter that ended in Feb. 2025 was 0.77.

McCormick Change In Inventory Historical Data

The historical data trend for McCormick'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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McCormick Change In Inventory Chart

McCormick Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Change In Inventory

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-169.37

-134.64

-201.40

207.90

-117.75

McCormick Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Change In Inventory	Get a 7-Day Free Trial															-2.13	-24.61	-72.56	-15.17	-11.23

McCormick 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-124 Mil.

McCormick (WBO:MKC) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1181.881	/	961.44	*	365 / 4
	=	112.17

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

McCormick's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	961.44	/	1181.881
	=	0.81

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.

McCormick's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1181.881	/	1541.28
	=	0.77

McCormick Change In Inventory Related Terms

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McCormick Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McCormick & Co Inc (WBO:MKC) » Definitions » Change In Inventory

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MKC.V:USA MKC:USA 0JZS:UK MCX:Germany

Address

24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031

Website

https://www.mccormickcorporation.com

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.