Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

$24.99

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Starbucks Corp., balance sheet: inventory

US$ in thousands

Microsoft Excel
Sep 29, 2024 Oct 1, 2023 Oct 2, 2022 Oct 3, 2021 Sep 27, 2020 Sep 29, 2019
Unroasted
Roasted
Coffee
Other merchandise held for sale
Packaging and other supplies
Inventories

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29).


Inventory Analysis
The total inventories exhibited an overall increasing trend from 2019 to 2024, with a notable peak in the 2022 period at approximately 2,176,600 thousand US dollars.
Unroasted Coffee
The unroasted coffee inventory showed moderate growth from 656,500 thousand US dollars in 2019 to a peak of 1,018,600 thousand US dollars in 2022, followed by a substantial decrease in 2023 and 2024 back to levels near those of 2019.
Roasted Coffee
Roasted coffee inventory declined from 276,500 thousand US dollars in 2019 to 223,500 thousand in 2020, with fluctuations thereafter, reaching 251,900 thousand in 2024. This indicates some variability but no clear upward or downward trend over the period.
Coffee Inventory Aggregate
The coffee inventory category, combining unroasted and roasted coffee, mirrored the general pattern of unroasted inventory due to its larger values. Coffee inventory peaked significantly in 2022 at 1,328,900 thousand US dollars, then contracted to 917,000 thousand in 2024, closely aligning with figures from earlier years.
Other Merchandise Held for Sale
This category displayed gradual growth from 288,000 thousand US dollars in 2019 to 384,600 thousand in 2024, with a high point in 2022 at 430,900 thousand, suggesting expansion in other merchandise stock levels over time.
Packaging and Other Supplies
Packaging and supplies inventory increased steadily from 308,400 thousand US dollars in 2019 to 475,700 thousand in 2024, reflecting a consistent accumulation of these assets across the years.
Summary of Trends
Overall inventory levels rose markedly until 2022, supported largely by increased unroasted coffee and other merchandise, before declining somewhat in the two subsequent years. Packaging and supplies showed steady growth throughout. The fluctuations, particularly the peak in 2022, may indicate strategic inventory buildups possibly linked to operational or market conditions during that period.