The Simply Good Foods Co (STU:76L) Change In Inventory : €-2 Mil (TTM As of Feb. 2024)

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What is The Simply Good Foods Co Change In Inventory?

The Simply Good Foods Co's change in inventory for the quarter that ended in Feb. 2024 was €7 Mil. It means The Simply Good Foods Co's inventory declined by €7 Mil from Nov. 2023 to Feb. 2024 .

The Simply Good Foods Co's change in inventory for the fiscal year that ended in Aug. 2023 was €7 Mil. It means The Simply Good Foods Co's inventory declined by €7 Mil from Aug. 2022 to Aug. 2023 .

The Simply Good Foods Co's Total Inventories for the quarter that ended in Feb. 2024 was €107 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Simply Good Foods Co's Days Inventory for the quarter that ended in Feb. 2024 was 55.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Simply Good Foods Co's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.64.

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. The Simply Good Foods Co's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.38.

The Simply Good Foods Co Change In Inventory Historical Data

The historical data trend for The Simply Good Foods Co's Change In Inventory 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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The Simply Good Foods Co Change In Inventory Chart

The Simply Good Foods Co Annual Data

Trend

Aug16

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

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-7.35

20.18

-33.45

-29.12

7.49

The Simply Good Foods Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															9.74	7.71	-10.34	-6.19	6.97

The Simply Good Foods Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2 Mil.

The Simply Good Foods Co (STU:76L) Change In Inventory Explanation

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

The Simply Good Foods Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	110.5735	/	181.07	*	365 / 4
	=	55.72

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Simply Good Foods Co's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	181.07	/	110.5735
	=	1.64

3. 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.

The Simply Good Foods Co's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	110.5735	/	289.408
	=	0.38

The Simply Good Foods Co Change In Inventory Related Terms

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The Simply Good Foods Co (STU:76L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Simply Good Foods Co (STU:76L) » Definitions » Change In Inventory

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Traded in Other Exchanges

SMPL:USA

Address

1225, 17th Street, Suite 1000, Denver, CO, USA, 80202

Website

http://www.thesimplygoodfoodscompany.com

The Simply Good Foods Co is a consumer packaged food and beverage company. It provides low-carbohydrate, high protein bars, shakes, and other products such as confections, chips, and cookies under the Atkins and Quest brands. The company distributes its products in retail channels, predominantly in North America, including grocery, club, and mass merchandise, as well as through e-commerce, convenience, and other channels.

The Simply Good Foods Co (STU:76L) Headlines

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