CSIMarket
 


General Mills Inc   (GIS)
Other Ticker:  
 

General Mills Inc 's Working Capital Ratio

GIS's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Current Liabilities decreased faster than General Mills Inc 's Current Assets, this led to improvement in General Mills Inc 's Working Capital Ratio to 0.66, Working Capital Ratio remained below General Mills Inc average.

Within Food Processing industry General Mills Inc booked the highest Working Capital Ratio than General Mills Inc in the third quarter 2024. While Working Capital Ratio total ranking has improved so far during the III Quarter 2024 to 1, from total ranking in the second quarter 2023 at 52.

Explain Working Capital Ratio
How much in Current Assets GISīs has?
What is the value of GISīs Current Liabilities?


GIS Working Capital Ratio (Feb 25 2024)
III. Quarter
(Nov 26 2023)
II. Quarter
(Aug 27 2023)
I. Quarter
(May 28 2023)
IV. Quarter
(Feb 26 2023)
III. Quarter
Y / Y Current Liabilities Change -25.02 % -14.18 % -17.77 % -6.04 % 37.71 %
Y / Y Current Assets Change -9.02 % -5.35 % -0.53 % 1.7 % 1.74 %
Working Capital Ratio MRQ 0.66 0.64 0.72 0.69 0.54
GIS's Total Ranking # 1 # 52 # 3499 # 145 # 4265
Seq. Current Liabilities Change -10.63 % 11.81 % -6.21 % -19.99 % 2.28 %
Seq. Current Assets Change -7.75 % -1.2 % -1.34 % 1.18 % -4.03 %



Working Capital Ratio third quarter 2024 Company Ranking
Within: No.
Food Processing Industry # 0
Consumer Non Cyclical Sector # 0
Overall Market # 1


Working Capital Ratio Statistics
High Average Low
1.4 0.79 0.46
(Nov. 23, 2004)   (Aug 25, 2007)




Financial Statements
General Mills Inc 's Current Liabilities $ 7,062 Millions Visit GIS's Balance sheet
General Mills Inc 's Current Assets $ 4,655 Millions Visit GIS's Balance sheet
Source of GIS's Sales Visit GIS's Sales by Geography


Cumulative General Mills Inc 's Working Capital Ratio

GIS's Working Capital Ratio for the trailling 12 Months

GIS Working Capital Ratio

(Feb 25 2024)
III. Quarter
(Nov 26 2023)
II. Quarter
(Aug 27 2023)
I. Quarter
(May 28 2023)
IV. Quarter
(Feb 26 2023)
III. Quarter
Y / Y Current Liabilities TTM Growth -25.02 % -14.18 % -17.77 % -6.04 % 37.71 %
Y / Y Current Assets TTM Growth -9.02 % -5.35 % -0.53 % 1.7 % 1.74 %
Working Capital Ratio TTM 0.68 0.64 0.62 0.6 0.59
Total Ranking TTM # 9 # 519 # 3310 # 1605 # 14
Seq. Current Liabilities TTM Growth -10.63 % 11.81 % -6.21 % -19.99 % 2.28 %
Seq. Current Assets TTM Growth -7.75 % -1.2 % -1.34 % 1.18 % -4.03 %


On the trailing twelve months basis Current Liabilities decreased faster than General Mills Inc 's average Current Assets, this led to increase in in General Mills Inc 's Working Capital Ratio to 0.68, Working Capital Ratio remained below GIS average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Food Processing industry GIS achieved the highest Working Capital Ratio. While Working Capital Ratio overall ranking has improved so far to 9, from total ranking during the twelve months ending second quarter 2023 at 519.

Explain Working Capital Ratio
How much in Current Assets GISīs has?
What is the value of GISīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Food Processing Industry # 1
Consumer Non Cyclical Sector # 1
Within the Market # 9


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.11 0.75 0.51
(Feb. 23, 2010)   (Nov. 23, 2006)




Companies with similar Working Capital Ratio in the quarter ending Feb 25 2024, within Food Processing Industry Working Capital RatioFeb 25 2024 MRQ Current AssetsFeb 25 2024 MRQ Current Liabilities
General Mills Inc   0.66 $ 4,654.500  Millions$ 7,061.900  Millions

Date modified: 2024-03-20T23:39:35+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright Đ 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com