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United Natural Foods (United Natural Foods) Inventory-to-Revenue : 0.32 (As of Jan. 2024)


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What is United Natural Foods Inventory-to-Revenue?

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. United Natural Foods's Average Total Inventories for the quarter that ended in Jan. 2024 was $2,480 Mil. United Natural Foods's Revenue for the three months ended in Jan. 2024 was $7,775 Mil. United Natural Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.32.

United Natural Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2024 declined from Oct. 2023 (0.33) to Oct. 2023 (0.32)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Natural Foods's Days Inventory for the three months ended in Jan. 2024 was 33.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Natural Foods's Inventory Turnover for the quarter that ended in Jan. 2024 was 2.72.


United Natural Foods Inventory-to-Revenue Historical Data

The historical data trend for United Natural Foods's Inventory-to-Revenue 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.

United Natural Foods Inventory-to-Revenue Chart

United Natural Foods Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.08 0.08 0.08

United Natural Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Inventory-to-Revenue 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 0.34 0.33 0.32 0.33 0.32

Competitive Comparison of United Natural Foods's Inventory-to-Revenue

For the Food Distribution subindustry, United Natural Foods's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Natural Foods's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where United Natural Foods's Inventory-to-Revenue falls into.



United Natural Foods Inventory-to-Revenue Calculation

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.

United Natural Foods's Inventory-to-Revenue for the fiscal year that ended in Jul. 2023 is calculated as

Inventory-to-Revenue (A: Jul. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Revenue (A: Jul. 2023 )
=( (2355 + 2292) / 2 ) / 30272
=2323.5 / 30272
=0.08

United Natural Foods's Inventory-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (Q: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Revenue (Q: Jan. 2024 )
=( (2648 + 2311) / 2 ) / 7775
=2479.5 / 7775
=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.


United Natural Foods  (NYSE:UNFI) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

United Natural Foods's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=2479.5/6740*365 / 4
=33.57

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

United Natural Foods's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=6740 / 2479.5
=2.72

* 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.


United Natural Foods Inventory-to-Revenue Related Terms

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United Natural Foods (United Natural Foods) Business Description

Traded in Other Exchanges
Address
313 Iron Horse Way, Providence, RI, USA, 02908
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
Executives
Andre Persaud officer: President and CEO, Retail 30 HUNTER LANE, CAMP HILL PA 17011
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713
John W Howard officer: Interim CFO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Douglas J Alexander Jr director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
James M Loree director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
James C Pappas director 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Erin Horvath officer: COO 313 IRON HORSE WAY, C/O IRON HORSE WAY, PROVIDENCE RI 02908
Danielle Benedict officer: SVP, Human Resources 313 IRON HORSE WAY, PROVIDENCE RI 02908
Christopher P. Testa officer: President, Blue Marble Brands C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Richard Eric Esper officer: Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Mahrukh Hussain officer: General Counsel and Corp. Sec. 313 IRON HORSE WAY, PROVIDENCE RI 02908
Louis Anthony Martin officer: CSTO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Matthew T Echols officer: CCAO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Mohammad Shamim director 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238

United Natural Foods (United Natural Foods) Headlines