Alamo Group (Alamo Group) Change In Inventory : $-11 Mil (TTM As of Dec. 2023)

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What is Alamo Group Change In Inventory?

Alamo Group's change in inventory for the quarter that ended in Dec. 2023 was $8 Mil. It means Alamo Group's inventory declined by $8 Mil from Sep. 2023 to Dec. 2023 .

Alamo Group's change in inventory for the fiscal year that ended in Dec. 2023 was $-11 Mil. It means Alamo Group's inventory increased by $11 Mil from Dec. 2022 to Dec. 2023 .

Alamo Group's Total Inventories for the quarter that ended in Dec. 2023 was $377 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alamo Group's Days Inventory for the quarter that ended in Dec. 2023 was 110.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alamo Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.82.

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. Alamo Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.90.

Alamo Group Change In Inventory Historical Data

The historical data trend for Alamo Group'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.

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Alamo Group Change In Inventory Chart

Alamo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.39

38.28

-78.46

-37.74

-10.84

Alamo Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															16.38	-8.70	-4.57	-5.95	8.38

Alamo Group Change In Inventory Calculation

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 $-11 Mil.

Alamo Group (NYSE:ALG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Alamo Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	374.614	/	308.622	*	365 / 4
	=	110.76

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Alamo Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	308.622	/	374.614
	=	0.82

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.

Alamo Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	374.614	/	417.542
	=	0.90

Alamo Group Change In Inventory Related Terms

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Alamo Group (Alamo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (NYSE:ALG) » Definitions » Change In Inventory

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Traded in Other Exchanges

AL3:Germany

Address

1627 East Walnut, Seguin, TX, USA, 78155

Website

https://www.alamo-group.com

Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

Executives

Richard Hodges Raborn	officer: VP & Gen Mgr Agricultural Div	1627 E. WALNUT ST., SEGUIN TX 78155
Richard J Wehrle	officer: VP and Controller	1502 EAST WALNUT, SEGIN TX 78155
Dan Edward Malone	officer: EVP & CFO	1502 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti	officer: VP & General Counsel	5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Eric Etchart	director	ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Jeffery Allen Leonard	other: EVP NA Industrial Div (USA)	1627 E WALNUT ST, SEGUIN TX 78155
Robert P Bauer	director	415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms	director	1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson	director, officer: President & CEO	1627 EAST WALNUT, SEGUIN TX 78155
Janet S Pollock	officer: VP, Human Resources	1627 E WALNUT ST., SEGUIN TX 78155
Michael A Haberman	officer: EVP	1627 E WALNUT ST, SEGUIN TX 78155
Lorie Tekorius	director	ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan	officer: VP, Internal Audit	1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak	director	1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164