ATI (ATI) Change In Inventory

: $-52 Mil (TTM As of Dec. 2023)

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ATI's change in inventory for the quarter that ended in Dec. 2023 was $106 Mil. It means ATI's inventory declined by $106 Mil from Sep. 2023 to Dec. 2023 .

ATI's change in inventory for the fiscal year that ended in Dec. 2023 was $-52 Mil. It means ATI's inventory increased by $52 Mil from Dec. 2022 to Dec. 2023 .

ATI's Total Inventories for the quarter that ended in Dec. 2023 was $1,248 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ATI's Days Inventory for the quarter that ended in Dec. 2023 was 138.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. ATI's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.66.

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. ATI's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.22.

ATI Change In Inventory Historical Data

The historical data trend for ATI'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.

* Premium members only.

ATI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

25.20

158.20

-53.90

-190.80

-51.80

ATI 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																21.20	-98.10	-86.60	26.50	106.40

ATI 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 $-52 Mil.

ATI (NYSE:ATI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1300.7	/	858.3	*	365 / 4
	=	138.28

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	858.3	/	1300.7
	=	0.66

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1300.7	/	1064
	=	1.22

ATI Change In Inventory Related Terms

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ATI (ATI) Business Description

Industry

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Traded in Other Exchanges

ATD:Germany

Address

2021 McKinney Avenue, Dallas, TX, USA, 75201

Website

https://www.atimaterials.com

ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the Advanced Alloys and Solutions segment. The AA&S segment is focused on delivering high-value flat products, Other important end markets for AA&S include automotive & electronics. AA&S produces nickel-based alloys, titanium & titanium-based alloys, & specialty alloys in a variety of forms including plate, sheet, and strip products. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada and Others, the majority is from the United States.

Executives

Elliot S Davis	officer: Sr VP, GC, CCO and Secretary	1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479
James C Diggs	director	1000 SIX PPG PL, PITTSBURGH PA 15222
Timothy J Harris	officer: Senior VP and CDIO	C/O ALLEGHENY TECHNOLOGIES INCORPORATED, PITTSBURGH PA 15222
Ruby Sharma	director	24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Jimmy Jr. Williams	officer: SVP, CTO	C/O ATI INC., 2021 MCKINNEY AVE., SUITE 1100, DALLAS TX 75201
Robert S Wetherbee	officer: EVP, ATI Flat-Rolled Products	MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017
Tina Killough Busch	officer: SVP, CHRO	C/O ATI INC., 2021 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Karl D Schwartz	officer: Controller & Princ. Acctg Off.	1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479
Kevin B Kramer	officer: Sr. VP, CCMO	C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Donald P Newman	officer: SVP and CFO	224 S 108TH AVENUE, OMAHA NE 68154
Marianne Kah	director	C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Elizabeth C Powers	officer: Senior VP, CHRO	C/O DRESSER-RAND GROUP INC., PAUL CLARK DRIVE, OLEAN NY 14760
M Leroy Ball	director	436 SEVENTH AVENUE, PITTSBURGH PA 15219
David P Hess	director	390 PARK AVENUE, NEW YORK NY 10022
Kimberly A Fields	officer: EVP, Flat Rolled Products	C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217