Conagra Brands (CAG) Change in Inventory (2009 - 2024)
Conagra Brands (CAG) posted quarterly Change in Inventory of -$58.6 million for Q2 2024, up 21.97% year-over-year from -$48.0 million in Q2 2023, and up 56.62% quarter-over-quarter from -$135.1 million in Q1 2024.
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 FY2026 annual figure was -$144.9 million, down 507.02% from the prior year.
- Change in Inventory for Q2 2024 stood at -$58.6 million, 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.
- The 5-year median for Change in Inventory is -$40.5 million (2021), against an average of $18.7 million.
- The sharpest annual moves came in 2020 and 2022: Change in Inventory slumped 312.46% in 2020, then jumped 226.14% in 2022.
- Conagra Brands' Change in Inventory stood at $44.4 million in 2020, then tumbled by 262.84% to -$72.3 million in 2021, then surged by 226.14% to $91.2 million in 2022, then plunged by 209.65% to -$100.0 million in 2023, then soared by 41.4% to -$58.6 million in 2024.
- Business Quant data shows CAG's Change in Inventory at -$58.6 million in Q2 2024, -$135.1 million in Q1 2024, and -$100.0 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.30 Bn | 27.62 Bn | 2.03 Bn | 33.00 Mn |
| 2 | General Mills | 21.35 Bn | 20.90 Bn | 1.60 Bn | 222.80 Mn |
| 3 | Mccormick | 14.94 Bn | 14.61 Bn | 778.20 Mn | 41.40 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | -824.62 Mn |
| 5 | J M Smucker | 13.25 Bn | 13.19 Bn | 862.10 Mn | -44.70 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 114.40 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.45 Bn | - | - |
| 8 | Darling Ingredients | 10.35 Bn | 10.19 Bn | 503.37 Mn | 43.83 Mn |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.84 Bn | 7.63 Bn | 704.10 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 |