Hillenbrand (Hillenbrand) Change In Inventory

: $53 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Hillenbrand's change in inventory for the quarter that ended in Dec. 2023 was $-2 Mil. It means Hillenbrand's inventory increased by $2 Mil from Sep. 2023 to Dec. 2023 .

Hillenbrand's change in inventory for the fiscal year that ended in Sep. 2023 was $57 Mil. It means Hillenbrand's inventory declined by $57 Mil from Sep. 2022 to Sep. 2023 .

Hillenbrand's Total Inventories for the quarter that ended in Dec. 2023 was $608 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hillenbrand's Days Inventory for the quarter that ended in Dec. 2023 was 104.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hillenbrand's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.87.

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. Hillenbrand's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.

Hillenbrand Change In Inventory Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

-8.60

58.50

-30.20

-115.70

57.20

Hillenbrand 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																2.70	10.50	19.30	24.70	-1.70

Hillenbrand 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 $53 Mil.

Hillenbrand (NYSE:HI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	600.05	/	522.3	*	365 / 4
	=	104.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	522.3	/	600.05
	=	0.87

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	600.05	/	773.3
	=	0.78

Hillenbrand Change In Inventory Related Terms

Thank you for viewing the detailed overview of Hillenbrand's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hillenbrand (Hillenbrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillenbrand Inc (NYSE:HI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

9HI:Germany

Address

One Batesville Boulevard, Batesville, IN, USA, 47006

Website

https://www.hillenbrand.com

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

Executives

Daniel C. Hillenbrand	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen	officer: Sr VP, Chief Financial Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan	officer: Senior Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell	director	1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko	officer: Sr. VP and President MTS	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips	officer: See Remarks	6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted	officer: Sr. VP Strategy & Corp Dev	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid	officer: Senior Vice President	ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke	officer: VP, CAO	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel	officer: Senior Vice President	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor	officer: Sr. Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney	director	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich	director	RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni	officer: VP & Chief Information Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado	officer: VP, Global Supply Management	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006