Mission Produce, Inc.

Mission Produce, Inc.verified

AVO

Price:

$12.955

Market Cap:

$918.65M

Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management. The company serves retail, wholesale, and foodservice customers. The company was founded in 1983 and is headquartered in Oxnard, California.[Read more]

Industry

Food Distribution

IPO Date

2020-10-02

Stock Exchange

NASDAQ

Ticker

AVO

The Current Ratio as of September 2024 (TTM) for Mission Produce, Inc. (AVO) is 2.02

According to Mission Produce, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.02. This represents a change of -8.16% compared to the average of 2.20 of the last 4 quarters.

Mission Produce, Inc. (AVO) Historical Current Ratio (quarterly & annually)

How has AVO Current Ratio performed in the past?

The mean historical Current Ratio of Mission Produce, Inc. over the last ten years is 2.56. The current 2.02 Current Ratio has changed 7.82% with respect to the historical average. Over the past ten years (40 quarters), AVO's Current Ratio was at its highest in in the October 2020 quarter at 3.18. The Current Ratio was at its lowest in in the January 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.56

Median

2.44

Minimum

2.24

Maximum

3.18

Mission Produce, Inc. (AVO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mission Produce, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 22.91%

Maximum Annual Current Ratio = 3.18

Minimum Annual Increase = -19.04%

Minimum Annual Current Ratio = 2.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.260.65%
20222.24-19.04%
20212.77-13.02%
20203.1822.91%
20192.5912.81%

Mission Produce, Inc. (AVO) Average Current Ratio

How has AVO Current Ratio performed in the past?

The current Current Ratio of Mission Produce, Inc. (AVO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.42

5-year avg

2.61

10-year avg

2.56

Mission Produce, Inc. (AVO) Current Ratio vs. Peers

How is AVO’s Current Ratio compared to its peers?

Mission Produce, Inc.’s Current Ratio is greater than The Chefs' Warehouse, Inc. (1.85), less than The Andersons, Inc. (2.07), less than AMCON Distributing Company (3.05), greater than Performance Food Group Company (1.64), greater than United Natural Foods, Inc. (1.51), greater than SpartanNash Company (1.59), less than Calavo Growers, Inc. (2.04), greater than US Foods Holding Corp. (1.29), less than G. Willi-Food International Ltd. (7.39),

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