Eramet (Eramet) Change In Inventory : $28 Mil (TTM As of Dec. 2023)

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What is Eramet Change In Inventory?

Eramet's change in inventory for the quarter that ended in Dec. 2023 was $38 Mil. It means Eramet's inventory declined by $38 Mil from Jun. 2023 to Dec. 2023 .

Eramet's change in inventory for the fiscal year that ended in Dec. 2023 was $28 Mil. It means Eramet's inventory declined by $28 Mil from Dec. 2022 to Dec. 2023 .

Eramet's Total Inventories for the quarter that ended in Dec. 2023 was $675 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eramet's Days Inventory for the quarter that ended in Dec. 2023 was 188.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eramet's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.97.

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. Eramet's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Eramet Change In Inventory Historical Data

The historical data trend for Eramet'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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Eramet Change In Inventory Chart

Eramet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-165.56

215.33

-140.11

-158.90

28.35

Eramet Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-152.22	-6.36	-9.75	38.17

Eramet 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 semi-annually data reported by the company within the most recent 12 months, which was $28 Mil.

Eramet (OTCPK:ERMAY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	710.211	/	689.203	*	365 / 2
	=	188.06

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	689.203	/	710.211
	=	0.97

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	710.211	/	1864.776
	=	0.38

Eramet Change In Inventory Related Terms

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Eramet (Eramet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eramet SA (OTCPK:ERMAY) » Definitions » Change In Inventory

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Traded in Other Exchanges

ERMAF:USA 0MGV:UK ERA:France ER7:Germany

Address

10 Boulevard de Grenelle, Paris, FRA, 75015

Website

https://www.eramet.com

Eramet SA is a French mining and metallurgical company focused on the extraction, production, and sale of alloying metals, principally Manganese and Nickel. The company is also engaged in the production and transformation of alloys. Manganese constitutes nearly half of Eramet's revenue, followed by steel alloys and nickel. While the sales made locally and across the rest of Europe comprise the largest share of Eramet's revenue, the company also generates a significant portion of revenue from Asia and North America.