Conagra Brands (CAG) Change in Inventory (2009 - 2024)

Conagra Brands' (CAG) quarterly Change in Inventory came in at -$58.6 million in Q2 2024, up 21.97% year-on-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.

  • 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 advanced to -$58.6 million in Q2 2024 per CAG's latest filing, from -$135.1 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $289.7 million in Q3 2022 and bottomed 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.
  • Across the five-year window, Change in Inventory tumbled 312.46% in 2020 and jumped 226.14% in 2022, its largest moves.
  • Year by year, Change in Inventory stood at $44.4 million in 2020, then slumped by 262.84% to -$72.3 million in 2021, then soared by 226.14% to $91.2 million in 2022, then tumbled by 209.65% to -$100.0 million in 2023, then jumped by 41.4% to -$58.6 million in 2024.
  • Per Business Quant, the three latest CAG Change in Inventory figures stand at -$58.6 million (Q2 2024), -$135.1 million (Q1 2024), and -$100.0 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 195.00 Mn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 222.80 Mn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 114.40 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 41.40 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -57.04 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 55.36 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -123.00 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 16.03 Mn

Historic Data

Download Data
DateValue
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