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Celanese (Celanese) Change In Inventory : $398 Mil (TTM As of Dec. 2023)


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What is Celanese Change In Inventory?

Celanese's change in inventory for the quarter that ended in Dec. 2023 was $25 Mil. It means Celanese's inventory declined by $25 Mil from Sep. 2023 to Dec. 2023 .

Celanese's change in inventory for the fiscal year that ended in Dec. 2023 was $398 Mil. It means Celanese's inventory declined by $398 Mil from Dec. 2022 to Dec. 2023 .

Celanese's Total Inventories for the quarter that ended in Dec. 2023 was $2,357 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Celanese's Days Inventory for the quarter that ended in Dec. 2023 was 109.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Celanese's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

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. Celanese's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.91.


Celanese Change In Inventory Historical Data

The historical data trend for Celanese'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.

Celanese Change In Inventory Chart

Celanese Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 124.00 -367.00 -253.00 398.00

Celanese 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.00 45.00 175.00 153.00 25.00

Celanese 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 $398 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.


Celanese  (NYSE:CE) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2347/1956*365 / 4
=109.49

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

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

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.

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

* 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.


Celanese Change In Inventory Related Terms

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Celanese (Celanese) Business Description

Traded in Other Exchanges
Address
222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
Executives
Thomas Francis Kelly officer: SVP, EM 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray officer: VP - Bus. Strat & Development 100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray officer: Chief Accounting Officer 222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig director 222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis officer: SVP, HR (CHRO) C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson officer: SVP & CFO C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham officer: SVP, Acetyl Chain 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk director, officer: CEO AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott officer: SVP, Acetyl Chain C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett officer: SVP & GC C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards officer: EVP & GC C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015