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Mccormick and Co Inc  (MKC)
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Mccormick And Co Inc Inventory Turnover Ratio (COS)

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

Mccormick And Co Inc inventory turnover ratio, the Mccormick And Co Inc's ability to sell and replace its inventory in the forth quarter 2023, sequentially increased to 3.35 in the fourth quarter 2023, yet the ratio remained below the average, as MKC's market remain challenging.Average inventory processing period, for the Mccormick And Co Inc in Nov 30 2023 quarter, has decreased to 109 days, compare to 113 days, in the Aug 31 2023 quarter.

Within Consumer Non Cyclical sector 69 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 10 in the third quarter 2023, to 45.

MKC Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Mccormick And Co Inc Market Share?

What is Inventory Turnover Ratio?


MKC Inventory Turnover Ratio (Nov 30 2023)
IV. Quarter
(Aug 31 2023)
III. Quarter
(May 31 2023)
II. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
Y / Y Inventory Growth -15.94 % -11.16 % -5.09 % 8.07 % 13.35 %
Y / Y Cost of Sales Growth -1.85 % 3.21 % 2.95 % 4.22 % 4.27 %
Inventory Turnover Ratio (TTM) 3.35 3.22 3.11 3.04 3.07
MKC's Total Ranking # 45 # 10 # 13 # 574 # 849
Average inventory processing period 109 113 118 120 119
Seq. Inventory Growth -8.08 % -3.97 % -5.09 % 0.34 % -2.86 %
Seq. Cost of Sales Growth -0.98 % 1.74 % 4.1 % -6.41 % 4.12 %



Inventory Turnover Ratio Company Ranking
Within: No.
Food Processing Industry # 34
Consumer Non Cyclical Sector # 70
Overall Market # 45

Inventory Turnover Ratio Statistics
High Average Low
6.7 3.83 1.74
(Dec. 30, 2013)   (Sep. 30, 2015)




Financial Statements
Mccormick And Co Inc's Inventories $ 1,127 Millions Visit MKC's Balance sheet
Mccormick And Co Inc's Cost of Revenues TTM $ 4,160 Millions Visit MKC's Income Statement
What are MKC's Sales? Visit MKC's Sales by Segment

Other Inventory Turnover Ratios
Mccormick And Co 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
MKC'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 MKC's Competitors
Inventory Turnover Ratio for MKC's Suppliers
Inventory Turnover Ratio for MKC's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Nov 30 2023, within Consumer Non Cyclical Sector Inventory Turnover Ratio Cost of revenues at quarter ending Nov 30 2023 Inventories at quarter ending Nov 30 2023
Vector Group Ltd  10.15 $ 965.348  Millions$ 95  Millions
Tyson Foods Inc   9.47 $ 50,454.000  Millions$ 5,328  Millions
Lancaster Colony Corporation  9.36 $ 1,447.226  Millions$ 155  Millions
Utz Brands Inc   8.40 $ 981.000  Millions$ 117  Millions
National Beverage Corp   8.25 $ 759.238  Millions$ 92  Millions
Freshpet Inc  8.13 $ 516.000  Millions$ 63  Millions
Pilgrim s Pride Corporation  8.07 $ 16,243.000  Millions$ 2,013  Millions
Sovos Brands Inc  7.71 $ 714.000  Millions$ 93  Millions
Post Holdings Inc   7.16 $ 5,351.200  Millions$ 747  Millions
Primo Water Corp  6.98 $ 634.000  Millions$ 91  Millions
Hni Corporation  6.98 $ 1,485.000  Millions$ 213  Millions
Archer daniels midland Co  6.93 $ 86,422.000  Millions$ 12,464  Millions
The Simply Good Foods Company  6.90 $ 792.114  Millions$ 115  Millions
Bunge Global Sa  6.75 $ 54,695.000  Millions$ 8,103  Millions
Fresh Del Monte Produce Inc  6.57 $ 3,970.000  Millions$ 604  Millions
Cal maine Foods Inc   6.54 $ 1,870.055  Millions$ 286  Millions
Ennis Inc   6.54 $ 299.000  Millions$ 46  Millions
Darling Ingredients Inc   6.36 $ 5,143.060  Millions$ 809  Millions
Rocky Mountain Chocolate Factory Inc   6.32 $ 20.943  Millions$ 3  Millions
South Dakota Soybean Processors Llc  6.21 $ 624.000  Millions$ 101  Millions
J and j Snack Foods Corp   6.15 $ 1,080.512  Millions$ 176  Millions
General Mills Inc   6.14 $ 13,270.600  Millions$ 2,163  Millions
Seaboard Corporation  5.99 $ 9,246.000  Millions$ 1,544  Millions
Mondel z International Inc   5.98 $ 22,252.000  Millions$ 3,719  Millions
The Vita Coco Company Inc   5.61 $ 312.000  Millions$ 56  Millions
Kellanova  5.54 $ 8,839.000  Millions$ 1,596  Millions
Bellring Brands Inc   5.33 $ 1,178.100  Millions$ 221  Millions
Keurig Dr Pepper Inc   5.12 $ 6,734.000  Millions$ 1,316  Millions
Equator Beverage Company  5.04 $ 1.276  Millions$ 0  Millions
Campbell Soup Co  5.01 $ 6,383.000  Millions$ 1,275  Millions

Date modified: 2024-01-26T14:11:45+00:00



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