Manufacturers' Inventories to Shipments Ratios: Beverage and Tobacco Products : 1.58 (As of 2024-11-01)
Basic Info
It measures the ratio of unsold inventories to shipped products within the beverage and tobacco manufacturing industries. This ratio provides insight into how efficiently manufacturers are managing their stock relative to sales. A rising ratio indicates inventory buildup, often due to overproduction or reduced demand, while a declining ratio suggests efficient inventory turnover and strong demand.
Monthly , seasonally adjusted .
Manufacturers' Inventories to Shipments Ratios: Beverage and Tobacco Products was 1.58 as of 2024-11-01, according to United States Census Bureau. Historically, Manufacturers' Inventories to Shipments Ratios: Beverage and Tobacco Products reached a record high of 2.32 and a record low of 1.27, the median value is 1.61. Typical value range is from 1.73 to 2.03. The Year-Over-Year growth is -6.49%. GuruFocus provides the current actual value, an historical data chart and related indicators for Manufacturers' Inventories to Shipments Ratios: Beverage and Tobacco Products - last updated on 2024-11-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | United States Census Bureau |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1.58 | ||
| Latest Period | 2024-11-01 | ||
| Long Term Average | 1.88 | ||
| Average Annualized Growth Rate | -0.56% | ||
| Value from 1 year ago | 1.69 | ||
| Change from 1 year ago | -6.51% | ||
| Frequency | Daily | ||
| Unit | Ratio | ||
| Download Source | source link |
Related Indicators
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
