Conagra Brands (CAG) Change in Inventory (2009 - 2024)
Conagra Brands (CAG) recorded quarterly Change in Inventory of -$58.6 million in Q2 2024, up 56.62% quarter-over-quarter from -$135.1 million in Q1 2024, and up 21.97% on a YoY basis from -$48.0 million in Q2 2023.
Conagra Brands (CAG) Change in Inventory (2009 - 2024) Analysis & Trends
Conagra Brands' Change in Inventory history runs 16 years deep, the most recent figure standing at -$58.6 million for Q2 2024.
- In Q2 2024, Change in Inventory rose 21.97% year-over-year to -$58.6 million; the TTM figure through May 2024 stood at -$131.9 million (down 149.72% YoY), while the FY2025 annual figure was $35.6 million, up 126.99% from the prior year.
- Change in Inventory was -$58.6 million for Q2 2024 at Conagra Brands, up from -$135.1 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $289.7 million in Q3 2022 to a low of -$268.1 million in Q2 2020.
- Historically, Change in Inventory has averaged $18.7 million across 5 years, with a median of -$40.5 million in 2021.
- The sharpest annual moves came in 2020 and 2022: Change in Inventory tumbled 312.46% in 2020, then surged 226.14% in 2022.
- A 5-year view of Change in Inventory shows it stood at $44.4 million in 2020, then plunged by 262.84% to -$72.3 million in 2021, then soared by 226.14% to $91.2 million in 2022, then sank by 209.65% to -$100.0 million in 2023, then jumped by 41.4% to -$58.6 million in 2024.
- The last three Change in Inventory figures came in at -$58.6 million (Q2 2024), -$135.1 million (Q1 2024), and -$100.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | 593,907.00 |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 195.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | -283.60 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | 6.76 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 114.40 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | -35.10 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | -184.20 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | - |
| 10 | Conagra Brands | 6.23 Bn | 6.18 Bn | 657.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 26, 2024 | -58.60 Mn |
| May 26, 2024 | -58.60 Mn |
| Feb 25, 2024 | -135.10 Mn |
| Feb 25, 2024 | -135.10 Mn |
| Nov 26, 2023 | -100.00 Mn |
| Nov 26, 2023 | -100.00 Mn |
| Aug 27, 2023 | 161.80 Mn |
| Aug 27, 2023 | 161.80 Mn |
| May 28, 2023 | -75.10 Mn |
| May 28, 2023 | -75.10 Mn |
| Feb 26, 2023 | -40.50 Mn |
| Feb 26, 2023 | -40.50 Mn |
| Nov 27, 2022 | 91.20 Mn |
| Nov 27, 2022 | 91.20 Mn |
| Aug 28, 2022 | 289.70 Mn |
| Aug 28, 2022 | 289.70 Mn |
| May 29, 2022 | 175.80 Mn |
| May 29, 2022 | 175.80 Mn |
| Feb 27, 2022 | -91.40 Mn |
| Feb 27, 2022 | -91.40 Mn |