McCormick Inventory Turnover Ratio 2010-2024 | MKC

Current and historical inventory turnover ratio for McCormick (MKC) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. McCormick inventory turnover ratio for the three months ending February 29, 2024 was 0.89.
McCormick Inventory Turnover Ratio Historical Data
Date
Sector Industry Market Cap Revenue
Consumer Staples Food Items - Miscellaneous/Diversified $20.327B $6.662B
McCormick & Company, Inc. is a leading manufacturer, marketer and distributor of spices, seasonings, specialty foods and flavors to the entire food industry across the entire globe. McCormick conducts its business through two segments namely Consumer unit and Flavor Solutions unit. The Consumer Business segment provides spices, herbs, extracts, seasoning blends, sauces, marinades, and specialty foods to the consumer food market. This segment primarily caters to retail outlets like grocery, mass merchandise, warehouse clubs and discount and drug stores among others. The division markets its products under brand names like McCormick, Lawry's, Zatarain's, Thai Kitchen, Simply Asia and Club House in the U.S.; and Ducros, Vahine, Schwartz and Kamis in Europe; and the Middle East and Africa (EMEA). The Flavor Solutions segment sells seasoning blends, natural spices and herbs, wet flavors, coating systems, and compound flavors to food manufacturers and food service customers.
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