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Conagra Brands (FRA:CAO) Total Inventories : €2,054 Mil (As of Nov. 2024)


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What is Conagra Brands Total Inventories?

Conagra Brands's total inventories for the quarter that ended in Nov. 2024 was €2,054 Mil. Conagra Brands's average total inventories from the quarter that ended in Aug. 2024 to the quarter that ended in Nov. 2024 was €2,034 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Conagra Brands's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was €-20.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Conagra Brands's Days Inventory for the three months ended in Nov. 2024 was 83.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Conagra Brands's Inventory Turnover for the quarter that ended in Nov. 2024 was 1.09.

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. Conagra Brands's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.68.


Conagra Brands Total Inventories Historical Data

The historical data trend for Conagra Brands'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.

Conagra Brands Total Inventories Chart

Conagra Brands Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,251.52 1,407.08 1,860.50 2,035.22 1,926.78

Conagra Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 2,104.50 1,986.93 1,926.78 2,014.08 2,054.31

Conagra Brands 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.


Conagra Brands  (FRA:CAO) 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.

Conagra Brands's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 is

Net-Net Working Capital Per Share (Q: Nov. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(35.231+0.75 * 807.2+0.5 * 2054.314-11508.791
-0-0)/477.320
=-20.62

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

Conagra Brands's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2024 )/Cost of Goods Sold (Q: Nov. 2024 )*Days in Period
=2034.199/2212.193*365 / 4
=83.91

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

Conagra Brands's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2024 ) / Average Total Inventories (Q: Nov. 2024 )
=2212.193 / 2034.199
=1.09

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.

Conagra Brands's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=2034.199 / 3009.784
=0.68

* 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.


Conagra Brands Total Inventories Related Terms

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Conagra Brands Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the us retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.

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