Broadwind (Broadwind) Change In Inventory

: $6.9 Mil (TTM As of Dec. 2023)

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Broadwind's change in inventory for the quarter that ended in Dec. 2023 was $2.5 Mil. It means Broadwind's inventory declined by $2.5 Mil from Sep. 2023 to Dec. 2023 .

Broadwind's change in inventory for the fiscal year that ended in Dec. 2023 was $6.9 Mil. It means Broadwind's inventory declined by $6.9 Mil from Dec. 2022 to Dec. 2023 .

Broadwind's Total Inventories for the quarter that ended in Dec. 2023 was $37.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Broadwind's Days Inventory for the quarter that ended in Dec. 2023 was 89.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Broadwind's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.

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. Broadwind's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.83.

Broadwind Change In Inventory Historical Data

The historical data trend for Broadwind'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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Broadwind Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-9.19

5.14

-6.65

-10.89

6.86

Broadwind 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																-10.36	-4.28	-0.01	8.65	2.50

Broadwind 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 $6.9 Mil.

Broadwind (NAS:BWEN) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	38.6555	/	39.566	*	365 / 4
	=	89.15

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.566	/	38.6555
	=	1.02

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.6555	/	46.598
	=	0.83

Broadwind Change In Inventory Related Terms

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Broadwind (Broadwind) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Broadwind Inc (NAS:BWEN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

9IRA:Germany

Address

3240 S. Central Avenue, Cicero, IL, USA, 60804

Website

https://www.bwen.com

Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.

Executives

Sachin M Shivaram	director	3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner	director	66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy	officer: Chief Human Resources Officer	3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press	director	550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood	director	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford	officer: Pres., Broadwind Towers, Inc.	3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller	officer: Pres., Brad Foote Gear Works	3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner	officer: Chief Financial Officer
Thomas A Ciccone	officer: VP and Principal Acct Officer	3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland	director	N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt	officer: VP and Corporate Controller	3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna	officer: Pres., Brad Foote Gear Works	3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman	director	3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr.	officer: Pres., Process Systems	3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger	officer: VP, Business Development	3240 S. CENTRAL AVE., CICERO IL 60804