Conagra Brands (CAG) Change in Inventory (2009 - 2024)
Conagra Brands (CAG) posted Change in Inventory of -$58.6 million for Q2 2024, up 56.62% on a QoQ basis from -$135.1 million in Q1 2024, and up 21.97% year-over-year from -$48.0 million in Q2 2023.
Analysis
Conagra Brands (CAG) Change in Inventory (2009 - 2024) Analysis & Trends
Conagra Brands has reported Change in Inventory for 16 years, with the latest figure at -$58.6 million in Q2 2024.
- On a quarterly basis, Change in Inventory rose 21.97% year-over-year to -$58.6 million in Q2 2024; TTM through May 2024 was -$131.9 million, a 149.72% decrease from a year earlier, with the FY2026 full-year figure at -$144.9 million, down 507.02% 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.
- The five-year high for Change in Inventory was $289.7 million in Q3 2022, with the low at -$268.1 million in Q2 2020.
- Average Change in Inventory over 5 years is $18.7 million, with a median of -$40.5 million recorded in 2021.
- The sharpest annual moves came in 2020 and 2022: Change in Inventory slumped 312.46% in 2020, then soared 226.14% in 2022.
- Over 5 years, Change in Inventory stood at $44.4 million in 2020, then tumbled by 262.84% to -$72.3 million in 2021, then jumped by 226.14% to $91.2 million in 2022, then plunged by 209.65% to -$100.0 million in 2023, then surged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | 33.00 Mn |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | 222.80 Mn |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 41.40 Mn |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 61.10 Mn |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 57.43 Mn |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 128.00 Mn |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | -123.00 Mn |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 91.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 19.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 26, 2024 | -58.60 Mn |
| Feb 25, 2024 | -135.10 Mn |
| Nov 26, 2023 | -100.00 Mn |
| Aug 27, 2023 | 161.80 Mn |
| May 28, 2023 | -75.10 Mn |
| Feb 26, 2023 | -40.50 Mn |
| Nov 27, 2022 | 91.20 Mn |
| Aug 28, 2022 | 289.70 Mn |
| May 29, 2022 | 175.80 Mn |
| Feb 27, 2022 | -91.40 Mn |
| Nov 28, 2021 | -72.30 Mn |
| Aug 29, 2021 | 220.70 Mn |
| May 30, 2021 | 157.60 Mn |
| Feb 28, 2021 | -40.50 Mn |
| Nov 29, 2020 | 44.40 Mn |
| Aug 30, 2020 | 202.80 Mn |
| May 31, 2020 | -268.10 Mn |
| Feb 23, 2020 | -125.40 Mn |
| Nov 24, 2019 | 32.00 Mn |
| Aug 25, 2019 | 198.00 Mn |