Wesfarmers' inventory balance grew by 1.0% to $6,102 million by June 30, 2024, with strong overall inventory health and improved stock turnover in Bunnings and Kmart Group. The group reduced its Debt to EBITDA ratio to 1.8 times from 1.9 times the previous year, maintaining significant balance sheet flexibility. This financial stability supports ongoing investment activities and provides the capacity to manage risks and opportunities under various scenarios. "Wesfarmers, which owns some of Australia's largest household brands, had a strong financial year in 2024 despite various macroeconomic challenges," eToro market analyst Farhan Badami said.