Manufacturers' Inventories to Shipments Ratios: Food Products : 0.84 (As of 2024-11-01)
Basic Info
This measures the ratio of unsold food products held by manufacturers to the value of those products shipped over a given period. This ratio provides insights into how effectively food manufacturers are managing their inventories relative to sales. A higher ratio indicates that inventories are building up, potentially due to overproduction or weaker demand, while a lower ratio suggests efficient turnover and strong demand for food products.
Monthly , seasonally adjusted .
Manufacturers' Inventories to Shipments Ratios: Food Products was 0.84 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' Inventories to Shipments Ratios: Food Products reached a record high of 0.93 and a record low of 0.72, the median value is 0.82. Typical value range is from 0.82 to 0.88. The Year-Over-Year growth is -4.53%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' Inventories to Shipments Ratios: Food Products - last updated on 2024-11-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 0.84 | ||
| Latest Period | 2024-11-01 | ||
| Long Term Average | 0.85 | ||
| Average Annualized Growth Rate | -0.18% | ||
| Value from 1 year ago | 0.88 | ||
| Change from 1 year ago | -4.55% | ||
| Frequency | Daily | ||
| Unit | Ratio | ||
| Download Source | source link |
Related Indicators
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