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AVO (Mission Produce) Total Inventories : $123 Mil (As of Jan. 2025)


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What is Mission Produce Total Inventories?

Mission Produce's total inventories for the quarter that ended in Jan. 2025 was $123 Mil. Mission Produce's average total inventories from the quarter that ended in Oct. 2024 to the quarter that ended in Jan. 2025 was $107 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mission Produce's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was $-3.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mission Produce's Days Inventory for the three months ended in Jan. 2025 was 32.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mission Produce's Inventory Turnover for the quarter that ended in Jan. 2025 was 2.83.

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. Mission Produce's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.32.


Mission Produce Total Inventories Historical Data

The historical data trend for Mission Produce's Total Inventories 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.

Mission Produce Total Inventories Chart

Mission Produce Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Total Inventories
Get a 7-Day Free Trial 38.60 48.20 73.10 70.80 91.20

Mission Produce Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Total Inventories 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 85.90 94.90 83.80 91.20 122.70

Mission Produce Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Mission Produce  (NAS:AVO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Mission Produce's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 is

Net-Net Working Capital Per Share (Q: Jan. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(40.1+0.75 * 100.1+0.5 * 122.7-414.9
-0-32.1)/71.066
=-3.81

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

Mission Produce's Days Inventory for the three months ended in Jan. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2025 )/Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=106.95/302.7*365 / 4
=32.24

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

Mission Produce's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2025 ) / Average Total Inventories (Q: Jan. 2025 )
=302.7 / 106.95
=2.83

4. 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.

Mission Produce's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=106.95 / 334.2
=0.32

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Mission Produce Total Inventories Related Terms

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Mission Produce Business Description

Traded in Other Exchanges
Address
2710 Camino Del Sol, Oxnard, CA, USA, 93030
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution, International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network. Geographically distributed across North America, China, Europe, and the U.K.
Executives
Juan R Wiesner officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Taylor Family Investments, Llc 10 percent owner C/O TAYLOR FARMS, 911-B BLANCO CIRCLE, SALINAS CA 93901
Luis A Gonzalez director, 10 percent owner C/O MISSION PRODUCE,INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Stephen J Barnard director, officer: PRESIDENT AND CEO C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Bryan E Giles officer: CHIEF FINANCIAL OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Jay A Pack director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Tony B Sarsam director 850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Timothy Bulow officer: President and COO 2710 CAMINO DEL SOL, OXNARD CA 93030
Bonnie Cruickshank Lind director 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Shaunte Danielle Mears-watkins director 2710 CAMINO DEL SOL, OXNARD CA 93030
Joanne C Wu officer: General Counsel and Secretary C/O MISSION PRODUCE, INC., 2710 CAMINO DEL SOL, OXNARD CA 93030
Michael A Browne officer: CHIEF OPERATING OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Ross W Wileman officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Bruce C. Taylor director, 10 percent owner C/O TAYLOR FARMS, 911-B BLANCO CIRCLE, SALINAS CA 93901
Steve A Beebe director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036