Stock Analysis on Net

Sysco Corp. (NYSE:SYY)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 28, 2024.

Analysis of Inventory

Microsoft Excel

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Inventory Disclosure

Sysco Corp., balance sheet: inventory

US$ in millions

Microsoft Excel
Jun 29, 2024 Jul 1, 2023 Jul 2, 2022 Jul 3, 2021 Jun 27, 2020 Jun 29, 2019
Finished goods
Inventories

Based on: 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29).


Inventory Levels
Inventory values demonstrate a consistent upward trend over the six-year period analyzed. Starting at 3,216 million USD in June 2019, inventories slightly decreased to 3,095 million USD in June 2020. However, from 2020 onwards, there is a clear pattern of growth, with inventories increasing each year to reach 4,678 million USD by June 2024.
Year-over-Year Changes
The initial decline from 2019 to 2020 may reflect external factors impacting inventory levels, such as supply chain disruptions or demand fluctuations. From 2020 to 2021, a significant increase of approximately 19.4% occurs, followed by continued growth in subsequent years, though at a somewhat moderated pace. The steady rise in inventories from 2021 to 2024 indicates expanding stock holdings.
Implications
The observed inventory growth trend suggests possible strategic shifts toward higher inventory investment, potentially to support increased sales demand or to mitigate supply chain uncertainties. The consistent upward trajectory in recent years could also indicate operational scaling or changes in procurement policies. The parallel values for "Finished goods" and "Inventories" imply these represent the same metric.