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The Kraft Heinz Co (XTER:KHNZ) Change In Inventory : €-199 Mil (TTM As of Sep. 2024)


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What is The Kraft Heinz Co Change In Inventory?

The Kraft Heinz Co's change in inventory for the quarter that ended in Sep. 2024 was €-262 Mil. It means The Kraft Heinz Co's inventory increased by €262 Mil from Jun. 2024 to Sep. 2024 .

The Kraft Heinz Co's change in inventory for the fiscal year that ended in Dec. 2023 was €-97 Mil. It means The Kraft Heinz Co's inventory increased by €97 Mil from Dec. 2022 to Dec. 2023 .

The Kraft Heinz Co's Total Inventories for the quarter that ended in Sep. 2024 was €3,489 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Kraft Heinz Co's Days Inventory for the quarter that ended in Sep. 2024 was 82.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Kraft Heinz Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.11.

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. The Kraft Heinz Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.59.


The Kraft Heinz Co Change In Inventory Historical Data

The historical data trend for The Kraft Heinz 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.

* Premium members only.

The Kraft Heinz Co Change In Inventory Chart

The Kraft Heinz Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -276.30 -204.68 -127.44 -1,058.22 -97.20

The Kraft Heinz Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In 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 -42.17 156.81 -51.52 -41.81 -262.19

The Kraft Heinz 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-199 Mil.

* 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.


The Kraft Heinz Co  (XTER:KHNZ) Change In Inventory Explanation

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

The Kraft Heinz 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
=3403.9945/3781.497*365 / 4
=82.14

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

The Kraft Heinz Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

The Kraft Heinz Co's Inventory to Revenue for the quarter that ended in Sep. 2024 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.


The Kraft Heinz Co Change In Inventory Related Terms

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The Kraft Heinz Co Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co Headlines

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