Canadian National Railway Co (Canadian National Railway Co) Change In Inventory

: $-12 Mil (TTM As of Dec. 2023)

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Canadian National Railway Co's change in inventory for the quarter that ended in Dec. 2023 was $33 Mil. It means Canadian National Railway Co's inventory declined by $33 Mil from Sep. 2023 to Dec. 2023 .

Canadian National Railway Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-13 Mil. It means Canadian National Railway Co's inventory increased by $13 Mil from Dec. 2022 to Dec. 2023 .

Canadian National Railway Co's Total Inventories for the quarter that ended in Dec. 2023 was $521 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian National Railway Co's Days Inventory for the quarter that ended in Dec. 2023 was 26.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian National Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.44.

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. Canadian National Railway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Canadian National Railway Co Change In Inventory Historical Data

The historical data trend for Canadian National Railway Co'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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Canadian National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-45.56

15.61

-5.47

-60.36

-13.42

Canadian National Railway Co 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																8.10	-53.35	2.26	5.91	32.80

Canadian National Railway Co 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 $-12 Mil.

Canadian National Railway Co (NYSE:CNI) Change In Inventory Explanation

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

Canadian National Railway Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	541.716	/	1865.683	*	365 / 4
	=	26.50

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

Canadian National Railway Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1865.683	/	541.716
	=	3.44

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.

Canadian National Railway Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	541.716	/	3332.588
	=	0.16

Canadian National Railway Co Change In Inventory Related Terms

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Canadian National Railway Co (Canadian National Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canadian National Railway Co (NYSE:CNI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

CNI:Mexico CY2:Germany CY2:Germany CNR:Canada CNIC34:Brazil

Address

935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website

https://www.cn.ca

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.