IDEX (IEX) Change In Inventory

: $66 Mil (TTM As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

IDEX's change in inventory for the quarter that ended in Dec. 2023 was $42 Mil. It means IDEX's inventory declined by $42 Mil from Sep. 2023 to Dec. 2023 .

IDEX's change in inventory for the fiscal year that ended in Dec. 2023 was $66 Mil. It means IDEX's inventory declined by $66 Mil from Dec. 2022 to Dec. 2023 .

IDEX's Total Inventories for the quarter that ended in Dec. 2023 was $421 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IDEX's Days Inventory for the quarter that ended in Dec. 2023 was 87.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. IDEX's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.04.

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. IDEX's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.

IDEX Change In Inventory Historical Data

The historical data trend for IDEX'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.

IDEX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-3.30

36.50

-46.10

-72.40

66.20

IDEX 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																27.20	-23.30	21.30	26.50	41.70

IDEX 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 $66 Mil.

IDEX (NYSE:IEX) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	433.7	/	452.1	*	365 / 4
	=	87.54

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	452.1	/	433.7
	=	1.04

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	433.7	/	788.9
	=	0.55

IDEX Change In Inventory Related Terms

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

IDEX (IEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IDEX Corp (NYSE:IEX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

IEX:Mexico ID7:Germany ID7:Germany

Address

3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062

Website

https://www.idexcorp.com

Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.

Executives

Alejandro Quiroz	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Roopa Unnikrishnan	officer: SVP, Strategy&Corp Development	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Marc Uleman	officer: Senior VP, Group Executive HST	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
William K Grogan	officer: SVP - Chief Financial Officer	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Melissa Aquino	officer: Former SVP, Group Exec FMT&FSD	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Livingston Satterthwaite	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Eric D Ashleman	officer: SVP - Chief Operating Officer	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Stanfield Paris Watts	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Carl R Christenson	director	C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Katrina L Helmkamp	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
William M Cook	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark A Buthman	director	P O BOX 619100, DALLAS TX 752619100
Lakecia N Gunter	director	3100 SANDER ROAD, SUITE 301, NORTHBROOK IL 60062
Mark A Beck	director	2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
David C Parry	director	155 HARLEM AVE., GLENVIEW IL 60025