Fresh Del Monte Produce (FRA:FDM) Total Inventories : €529 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Fresh Del Monte Produce Total Inventories?

Fresh Del Monte Produce's total inventories for the quarter that ended in Mar. 2024 was €529 Mil. Fresh Del Monte Produce's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €540 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fresh Del Monte Produce's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-12.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fresh Del Monte Produce's Days Inventory for the three months ended in Mar. 2024 was 52.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fresh Del Monte Produce's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.75.

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. Fresh Del Monte Produce's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.

Fresh Del Monte Produce Total Inventories Historical Data

The historical data trend for Fresh Del Monte 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.

Fresh Del Monte Produce Total Inventories Chart

Fresh Del Monte Produce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

496.62

417.33

533.48

631.54

550.11

Fresh Del Monte Produce Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															604.21	538.39	550.21	550.11	529.09

Fresh Del Monte 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.

Fresh Del Monte Produce (FRA:FDM) 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.

Fresh Del Monte Produce's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(38.824	+	0.75 * 400.2	+	0.5 * 529.092	-	1170.148
-	0	-	15.088)	/	47.8961
=	-12.15

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

Fresh Del Monte Produce's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	539.6	/	943.552	*	365 / 4
	=	52.18

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

Fresh Del Monte Produce's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	943.552	/	539.6
	=	1.75

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.

Fresh Del Monte Produce's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	539.6	/	1019.268
	=	0.53

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.

Fresh Del Monte Produce Total Inventories Related Terms

Thank you for viewing the detailed overview of Fresh Del Monte Produce's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Fresh Del Monte Produce (FRA:FDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fresh Del Monte Produce Inc (FRA:FDM) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

FDP:USA

Address

87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107

Website

https://www.freshdelmonte.com

Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.