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The following is a list of consumer goods stocks that have seen inventories grow faster than revenues during the most recent quarter, an accounting trend that might raise a flag for some investors.

When a company's inventories are rising at a faster rate than its sales, it may indicate that the company is having trouble selling its merchandise. In extreme cases, the company might have to mark down the value of its inventory.

But it's highly likely that there are less sensational explanations for the difference between sales and inventory growth. So be sure to use this list as a starting point for your own analysis--check out the 10-Q and related management discussions to see if there's a good explanation for this trend.

Accounting data sourced from Google Finance, short float and performance data sourced from Finviz.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Note: The numbers on top of items represent the forward P/E ratio, if available.

The list has been sorted by the difference between revenue and inventory growth rates.

1. The Andersons Inc. (NASDAQ:ANDE): Farm Products Industry. Market cap of $710.79M. MRQ revenue grew by 17.61% on a y/y basis, much slower than inventory growth at 126.63%. Inventory, as a percentage of current assets, increased from 33.29% to 52.07% (comparing 3 months ending 2010-09-30 vs. 3 months ending 2009-09-30). Short float at 5.58%, which implies a short ratio of 4.25 days. The stock has gained 43.66% over the last year.

- Recent Developments: Completed the purchase of two grain storage facilities in Kearney and Riverdale, Neb., and assumed a third leased facility in Paxton, Neb., from B4Grain Inc (Dec 2010). Announced an increased cash dividend for Q1 (Dec 2010).

2. Gentex Corp. (NASDAQ:GNTX): Auto Parts Industry. Market cap of $4.29B. MRQ revenue grew by 29.37% on a y/y basis, much slower than inventory growth at 97.32%. Inventory, as a percentage of current assets, increased from 9.43% to 15.14% (comparing 3 months ending 2010-09-30 vs. 3 months ending 2009-09-30). Short float at 3.34%, which implies a short ratio of 3.23 days. The stock has gained 78.49% over the last year.

- Recent Developments: Entered into an agreement to purchase an existing, 108,000-square-foot electronics manufacturing facility at 11768 James Street in Holland, Michigan (Nov 2010). Issued Q4 2010 revenue guidance above analysts' estimates (Oct 2010).

3. Greif Inc. (NYSE:GEF): Packaging & Containers Industry. Market cap of $3.03B. MRQ revenue grew by 30.7% on a y/y basis, much slower than inventory growth at 66.03%. Inventory, as a percentage of current assets, increased from 28.26% to 34.01% (comparing 3 months ending 2010-09-30 vs. 3 months ending 2009-09-30). Short float at 1.76%, which implies a short ratio of 4.05 days. The stock has gained 28.24% over the last year.

- Recent Developments: Announced the appointment of Robert M. McNutt as the new CFO (Dec 2010). Issued FY 2011 EPS guidance in line with analysts' estimates (Dec 2010).

4. RC2 Corp. (NASDAQ:RCRC): Toys & Games Industry. Market cap of $431.92M. MRQ revenue grew by 1.94% on a y/y basis, much slower than inventory growth at 32.21%. Inventory, as a percentage of current assets, increased from 26.28% to 36.1% (comparing 3 months ending 2010-09-30 vs. 3 months ending 2009-09-30). Short float at 3.14%, which implies a short ratio of 6.97 days. The stock has gained 37.4% over the last year.

- Recent Developments: Reaffirmed FY 2010 EPS guidance (Oct 2010).

Source: 4 Consumer Goods Stocks With Rising Inventories