Ingles Markets Incorporated

NASDAQ IMKTA

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Ingles Markets Incorporated Gross Working Capital 5 year CAGR for the year ending September 30, 2023: 21.99%

Ingles Markets Incorporated Gross Working Capital 5 year CAGR is 21.99% for the year ending September 30, 2023, a 4.98% change year over year. Gross working capital is a financial metric that represents the amount of a company's current assets available to cover its current liabilities and short-term debt obligations. It is calculated by subtracting the sum of current liabilities and short-term debt from the total current assets of a company. Gross working capital provides insights into a company's short-term liquidity and its ability to meet its financial obligations in the near future. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ingles Markets Incorporated Gross Working Capital for the year ending September 30, 2022 was USD 486.73 M, a 171.96% change year over year.
  • Ingles Markets Incorporated Gross Working Capital for the year ending September 30, 2021 was USD 178.97 M, a 40.85% change year over year.
  • Ingles Markets Incorporated Gross Working Capital for the year ending September 30, 2020 was USD 127.07 M, a -46.37% change year over year.
  • Ingles Markets Incorporated Gross Working Capital for the year ending September 30, 2019 was USD 236.92 M, a 5.88% change year over year.
NASDAQ: IMKTA

Ingles Markets Incorporated

CEO Mr. James W. Lanning
IPO Date March 26, 1990
Location United States
Headquarters 2913 U.S. Hwy., Asheville, NC, United States, 28711
Employees 11,625
Sector Consumer Defensive
Industry Grocery stores
Description

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

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StockViz Staff

September 20, 2024

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