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Albany International's change in inventory for the quarter that ended in Dec. 2023 was $15 Mil. It means Albany International's inventory declined by $15 Mil from Sep. 2023 to Dec. 2023 .
Albany International's change in inventory for the fiscal year that ended in Dec. 2023 was $15 Mil. It means Albany International's inventory declined by $15 Mil from Dec. 2022 to Dec. 2023 .
Albany International's Total Inventories for the quarter that ended in Dec. 2023 was $170 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Albany International's Days Inventory for the quarter that ended in Dec. 2023 was 78.51.
Inventory Turnover measures how fast the company turns over its inventory within a year. Albany International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.16.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Albany International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.
The historical data trend for Albany International's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $15 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Albany International (NYSE:AIN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Albany International's Days Inventory for the quarter that ended in is calculated as:
Days Inventory | = | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period |
= | 175.279 | / | 203.723 | * | 365 / 4 | |
= | 78.51 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Albany International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 203.723 | / | 175.279 | |
= | 1.16 |
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Albany International's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 175.279 | / | 323.584 | |
= | 0.54 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Albany International's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Gunnar Kleveland | director, officer: President and CEO | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Robert Alan Hansen | officer: Senior Vice President & CTO | C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907 |
John J Tedone | officer: VP - Controller & CAO | 501 DUNN ROAD, COVENTRY CT 06238 |
Robert D. Starr | officer: CFO & Treasurer | 10 STOCKBRIDGE DRIVE, AVON CT 06001 |
Elisabeth Indriani | officer: CAO & Corporate Controller | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
John Michael Mcquade | director | C/O ALBANY INTERNATIONAL CORP, 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Katharine Plourde | director | 120 EAST END AVE, NEW YORK NY 10028 |
Erland E Kailbourne | director | C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203 |
Russell Toney | director | 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515 |
Christina M Alvord | director | 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242 |
Daniel A Halftermeyer | officer: President, MC | C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907 |
Christine L Standish | director | C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907 |
David M Pawlick | officer: Vice President-Controller | C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907 |
Alice Mccarvill | officer: Exec VP Human Resources | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
Gregory N Harwell | officer: President- AEC | C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867 |
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