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General Mills (WBO:GIS) Inventories, Inventories Adjustments : €-509 Mil (As of Feb. 2024)


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What is General Mills Inventories, Inventories Adjustments?

General Mills's Inventories, Inventories Adjustments for the quarter that ended in Feb. 2024 was €-509 Mil.

General Mills's quarterly Inventories, Inventories Adjustments declined from Aug. 2023 (€-502 Mil) to Nov. 2023 (€-512 Mil) but then increased from Nov. 2023 (€-512 Mil) to Feb. 2024 (€-509 Mil).

General Mills's annual Inventories, Inventories Adjustments declined from May. 2021 (€-172 Mil) to May. 2022 (€-438 Mil) and declined from May. 2022 (€-438 Mil) to May. 2023 (€-553 Mil).

General Mills Inventories, Inventories Adjustments Historical Data

The historical data trend for General Mills's Inventories, Inventories Adjustments 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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General Mills Inventories, Inventories Adjustments Chart

General Mills Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -190.87 -185.33 -172.42 -438.38 -552.83

General Mills Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventories, Inventories Adjustments 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 -518.56 -552.83 -502.33 -511.53 -508.55

General Mills Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

General Mills (WBO:GIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (WBO:GIS) » Definitions » Inventories, Inventories Adjustments
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Traded in Other Exchanges
GIS:USA GIS:Mexico GRM:Germany G1MI34:Brazil
Address
Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
Website
https://www.generalmills.com
General Mills is a 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 Buffalo, and Haagen-Dazs. In fiscal 2023, 81% 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 to the foodservice channel and the commercial baking industry.