J M Smucker (SJM) Change in Inventory (2009 - 2026)
J M Smucker's (SJM) quarterly Change in Inventory came in at $61.1 million in Q3 2026, down 65.54% on a YoY basis from $177.3 million in Q3 2025, and up 236.69% quarter-over-quarter from -$44.7 million in Q2 2026.
Analysis
J M Smucker (SJM) Change in Inventory (2009 - 2026) Analysis & Trends
J M Smucker (SJM) has reported Change in Inventory for 18 consecutive years, with $61.1 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Change in Inventory fell 65.54% year-over-year to $61.1 million; the trailing twelve-month figure through Jul 2026 stood at -$199.5 million (down 177.06% YoY), and the FY2026 full-year result was -$83.3 million, down 146.12% from the prior year.
- Change in Inventory climbed to $61.1 million in Q3 2026 per SJM's latest filing, from -$44.7 million in the prior quarter.
- Across five years, Change in Inventory topped out at $223.0 million in Q3 2022 and bottomed at -$184.2 million in Q1 2026.
- Historically, Change in Inventory has averaged $17.3 million across 5 years, with a median of $4.8 million in 2025.
- The sharpest annual moves came in 2022 and 2026: Change in Inventory soared 1023.64% in 2022, then sank 3937.5% in 2026.
- Over 5 years, Change in Inventory stood at $50.8 million in 2022, then slumped by 109.65% to -$4.9 million in 2023, then slumped by 810.2% to -$44.6 million in 2024, then gained by 28.92% to -$31.7 million in 2025, then jumped by 292.74% to $61.1 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $61.1 million, -$44.7 million, and -$184.2 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
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 |
|---|---|
| Jul 31, 2026 | 61.10 Mn |
| Apr 30, 2026 | -44.70 Mn |
| Jan 31, 2026 | -184.20 Mn |
| Oct 31, 2025 | -31.70 Mn |
| Jul 31, 2025 | 177.30 Mn |
| Apr 30, 2025 | 121.40 Mn |
| Jan 31, 2025 | 4.80 Mn |
| Oct 31, 2024 | -44.60 Mn |
| Jul 31, 2024 | 99.00 Mn |
| Apr 30, 2024 | 52.40 Mn |
| Jan 31, 2024 | -131.80 Mn |
| Oct 31, 2023 | -4.90 Mn |
| Jul 31, 2023 | 81.40 Mn |
| Apr 30, 2023 | -20.00 Mn |
| Jan 31, 2023 | -119.20 Mn |
| Oct 31, 2022 | 50.80 Mn |
| Jul 31, 2022 | 223.00 Mn |
| Apr 30, 2022 | 47.70 Mn |
| Jan 31, 2022 | -9.80 Mn |
| Oct 31, 2021 | -5.50 Mn |