HRL (Hormel Foods) Inventory Turnover: 1.44 (As of Apr. 2026)


HRL Hormel Foods Corp HRL
67 GF Score
Price $25.00
GF Value $31.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hormel Foods Inventory Turnover?

Hormel Foods HRL +0.48% 67 Inventory Turnover is 1.44 as of Apr. 2026. GuruFocus rates HRL with a GF Score™ of 67/100 and a GF Value™ of $31.23 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hormel Foods's Cost of Goods Sold for the three months ended in Apr. 2026 was $2,454 Mil. Hormel Foods's Average Total Inventories for the quarter that ended in Apr. 2026 was $1,699 Mil. Hormel Foods's Inventory Turnover for the quarter that ended in Apr. 2026 was 1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hormel Foods's Days Inventory for the three months ended in Apr. 2026 was 63.18.

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. Hormel Foods's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.57.

Hormel Foods  (NYSE:HRL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hormel Foods's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=1699.0925/2454.093*365 / 4
=63.18

2. 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.

Hormel Foods's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1699.0925 / 2972.6
=0.57

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hormel Foods Inventory Turnover Related Terms

Hormel Foods Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hormel Foods's Inventory Turnover 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.

Hormel Foods Inventory Turnover Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 6.67 5.95 6.08 6.15

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Inventory Turnover 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 1.49 1.43 1.54 1.51 1.44
HRL
67GF Score
Hormel Foods Corp HRL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hormel Foods Inventory Turnover Calculation

Hormel Foods's Inventory Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Inventory Turnover (A: Oct. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2025 ) / ((Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count )
=10214.344 / ((1576.3 + 1747.279) / 2 )
=10214.344 / 1661.7895
=6.15

Hormel Foods's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=2454.093 / ((1647.271 + 1750.914) / 2 )
=2454.093 / 1699.0925
=1.44

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.44 mean?
Hormel Foods (HRL) has a Inventory Turnover of 1.44 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hormel Foods and its competitors.
Is Hormel Foods' Inventory Turnover too high?
Hormel Foods' current Inventory Turnover is 1.44. Overall, Hormel Foods has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Inventory Turnover compare to MKC and JBS?
Hormel Foods' Inventory Turnover of 1.44 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hormel Foods and its competitors. Hormel Foods's current Inventory Turnover is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.23, compared to a current price of $25.00 — trading 19.9% below its estimated fair value. The current Inventory Turnover is 1.44. Hormel Foods' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Hormel Foods (HRL), the current Inventory Turnover is 1.44 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hormel Foods (HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of $25.00 is trading 19.9% below its estimated GF Value™ of $31.23. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for HRL:

  • Inventory Turnover: 1.44
  • GF Value™: $31.23 vs. price of $25.00 (19.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the HRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hormel Foods Business Description

Address 1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
67GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.00
Price
$31.23
GF Value