Flowers Foods (STU:FWF) Inventory Turnover : 2.98 (As of Mar. 2024)

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What is Flowers Foods Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Flowers Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was €733 Mil. Flowers Foods's Average Total Inventories for the quarter that ended in Mar. 2024 was €246 Mil. Flowers Foods's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flowers Foods's Days Inventory for the three months ended in Mar. 2024 was 30.60.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Flowers Foods's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.17.

Flowers Foods Inventory Turnover Historical Data

The historical data trend for Flowers Foods's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Flowers Foods Inventory Turnover Chart

Flowers Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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11.41

10.81

11.36

11.56

10.12

Flowers Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.14	2.44	2.32	2.17	2.98

Flowers Foods Inventory Turnover Calculation

Flowers Foods's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	2413.669	/ (	(228.742	+	248.4)	/	2 )
=	2413.669	/	238.571
=	10.12

Flowers Foods's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	733.412	/ (	(248.4	+	243.415)	/	2 )
=	733.412	/	245.9075
=	2.98

Flowers Foods (STU:FWF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Flowers Foods's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	245.9075	/	733.412	*	365 / 4
	=	30.60

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Flowers Foods's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	245.9075	/	1450.673
	=	0.17

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Flowers Foods Inventory Turnover Related Terms

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Flowers Foods (STU:FWF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flowers Foods Inc (STU:FWF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

FLO:USA FWF:Germany

Address

1919 Flowers Circle, Thomasville, GA, USA, 31757

Website

https://www.flowersfoods.com

Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.

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