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Flowers Foods Inc  (FLO)
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Flowers Foods Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Due to inventory build up in the third quarter 2023, Flowers Foods Inc's inventory turnover ratio sequentially decreased to 14.7 in the third quarter 2023, unsurprisingly, as the Flowers Foods Inc markets continue to deteriorate, and FLO's faces growing challenges to bring down its inventories. Flowers Foods Inc's average inventory processing period in the Oct 07 2023 quarter, has increased to 25 days, from 24 days, in the Jul 15 2023 quarter.

Within Consumer Non Cyclical sector 12 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2023 compared to previous quarter at no. 204.

FLO Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Flowers Foods Inc Market Share?

What is Inventory Turnover Ratio?


FLO Inventory Turnover Ratio (Oct 07 2023)
III. Quarter
(Jul 15 2023)
II. Quarter
(Apr 22 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Oct 08 2022)
III. Quarter
Y / Y Inventory Growth 9.55 % 6.18 % 24.86 % 24.98 % 25.73 %
Y / Y Cost of Sales Growth 0.3 % 6.83 % 10.52 % 12.32 % 19.52 %
Inventory Turnover Ratio (TTM) 14.7 15.03 15.02 15.4 15.83
FLO's Total Ranking # 204 # 204 # 249 # 301 # 302
Average inventory processing period 25 24 24 24 23
Seq. Inventory Growth 3.88 % -5.02 % 9.87 % 1.06 % 0.69 %
Seq. Cost of Sales Growth -1.38 % -21.82 % 39.11 % -6.48 % 5.04 %



Inventory Turnover Ratio Company Ranking
Within: No.
Food Processing Industry # 5
Consumer Non Cyclical Sector # 13
Overall Market # 204

Inventory Turnover Ratio Statistics
High Average Low
26.3 17.43 5.03
(Jul 17 2021)   (Jul 11 2020)




Financial Statements
Flowers Foods Inc's Inventories $ 183 Millions Visit FLO's Balance sheet
Flowers Foods Inc's Cost of Revenues TTM $ 2,620 Millions Visit FLO's Income Statement
What are FLO's Sales? Visit FLO's Sales by Segment

Other Inventory Turnover Ratios
Flowers Foods Inc's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Food Processing Industry Inventory Turnover Trends and Statistics
Consumer Non Cyclical Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
FLO's Inventory Turnover Ratio versus Food Processing Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for FLO's Competitors
Inventory Turnover Ratio for FLO's Suppliers
Inventory Turnover Ratio for FLO's Customers

You may also want to know
FLO's Sales Growth Rates FLO's Pe Price to earnings ratio FLO's Receivables Turnover Ratio FLO's Stock Quote
FLO's Net Income Growth Rates FLO's Ps Price to Sales ratio FLO's Sales per Employee FLO's Asset Turnover Ratio
FLO's Net Margin FLO's Pb Price to Book ratio FLO's Financial Strength Ratios FLO's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Oct 07 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Oct 07 2023 Inventories at quarter ending Oct 07 2023
Nightfood Holdings Inc   27.66 $ 8.893  Millions$ 0  Millions
Farmmi Inc   27.19 $ 106.078  Millions$ 4  Millions
Muliang Viagoo Technology Inc   24.31 $ 6.834  Millions$ 0  Millions
Mama s Creations Inc   23.33 $ 70.299  Millions$ 3  Millions
Calavo Growers Inc  21.81 $ 901.000  Millions$ 41  Millions
Ricebran Technologies  21.12 $ 31.254  Millions$ 1  Millions
Bon Natural Life Limited  20.95 $ 20.682  Millions$ 1  Millions
Edible Garden Ag Incorporated  18.84 $ 12.429  Millions$ 1  Millions
Cea Industries Inc   17.47 $ 6.560  Millions$ 0  Millions
Flowers Foods Inc  14.70 $ 2,620.115  Millions$ 178  Millions
Hostess Brands inc   13.75 $ 901.210  Millions$ 66  Millions
Safety Shot Inc   13.10 $ 3.697  Millions$ 0  Millions
Steelcase Inc  12.48 $ 3,984.100  Millions$ 319  Millions
Chase General Corp  12.08 $ 2.011  Millions$ 0  Millions
Coca cola Consolidated Inc   12.06 $ 4,038.974  Millions$ 335  Millions
Lifeway Foods Inc   11.92 $ 112.996  Millions$ 9  Millions
The Andersons Inc   11.80 $ 15,516.928  Millions$ 1,315  Millions
Cf Industries Holdings inc   11.34 $ 4,368.000  Millions$ 385  Millions
Tootsie Roll Industries inc  11.29 $ 506.888  Millions$ 45  Millions
Chs Inc   10.52 $ 43,213.739  Millions$ 4,106  Millions
Mission Produce Inc   10.50 $ 870.000  Millions$ 83  Millions
Universal Corporation  10.46 $ 2,158.687  Millions$ 206  Millions
Vector Group Ltd  10.23 $ 974.532  Millions$ 95  Millions
Aquabounty Technologies Inc   9.96 $ 22.283  Millions$ 2  Millions
Lancaster Colony Corporation  9.43 $ 1,458.518  Millions$ 155  Millions
Tyson Foods Inc   9.21 $ 50,250.000  Millions$ 5,455  Millions
Primo Water Corp  8.39 $ 897.600  Millions$ 107  Millions
Vital Farms Inc   8.36 $ 294.917  Millions$ 35  Millions
Benson Hill Inc   8.18 $ 388.176  Millions$ 47  Millions
Utz Brands Inc   8.17 $ 981.877  Millions$ 120  Millions

Date modified: 2023-11-12T11:50:22+00:00



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