SJM Inventory Turnover from 2010 to 2024

SJM Stock  USD 113.17  2.04  1.77%   
JM Smucker Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 3.48. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
5.1
Current Value
3.48
Quarterly Volatility
0.79297166
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JM Smucker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SJM main balance sheet or income statement drivers, such as Depreciation And Amortization of 527.1 M, Total Revenue of 10.3 B or Gross Profit of 3.4 B, as well as many exotic indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.034 or PTB Ratio of 2.21. SJM financial statements analysis is a perfect complement when working with JM Smucker Valuation or Volatility modules.
  
This module can also supplement JM Smucker's financial leverage analysis and stock options assessment as well as various JM Smucker Technical models . Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.

Latest JM Smucker's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of JM Smucker over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. JM Smucker's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JM Smucker's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

SJM Inventory Turnover Regression Statistics

Arithmetic Mean4.67
Geometric Mean4.60
Coefficient Of Variation16.99
Mean Deviation0.69
Median5.03
Standard Deviation0.79
Sample Variance0.63
Range2.4714
R-Value0.38
Mean Square Error0.58
R-Squared0.15
Significance0.16
Slope0.07
Total Sum of Squares8.80

SJM Inventory Turnover History

2024 3.48
2023 5.1
2022 5.67
2021 4.86
2020 5.07
2019 5.36
2018 5.41

About JM Smucker Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include JM Smucker income statement, its balance sheet, and the statement of cash flows. JM Smucker investors use historical funamental indicators, such as JM Smucker's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although JM Smucker investors may use each financial statement separately, they are all related. The changes in JM Smucker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JM Smucker's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JM Smucker Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JM Smucker. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 5.10  3.48 

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When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
Check out the analysis of JM Smucker Correlation against competitors.
To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is JM Smucker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JM Smucker. If investors know SJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
4.2
Earnings Share
(0.82)
Revenue Per Share
78.902
Quarterly Revenue Growth
0.006
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.