MGP Ingredients's change in inventory for the quarter that ended in Dec. 2023 was $-4.9 Mil. It means MGP Ingredients's inventory
increased by $4.9 Mil
from Sep. 2023 to Dec. 2023 .
MGP Ingredients's change in inventory for the fiscal year that ended in Dec. 2023 was $-46.9 Mil. It means MGP Ingredients's inventory
increased by $46.9 Mil
from Dec. 2022 to Dec. 2023 .
MGP Ingredients's Total Inventories for the quarter that ended in Dec. 2023 was $346.9 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MGP Ingredients's Days Inventory for the quarter that ended in Dec. 2023 was 242.38.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MGP Ingredients's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.38.
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.
MGP Ingredients's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.60.
MGP Ingredients Change In Inventory Historical Data
The historical data trend for MGP Ingredients'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.
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 $-46.9 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.
MGP Ingredients (NAS:MGPI) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MGP Ingredients's Days Inventory for the quarter that ended in 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.
MGP Ingredients'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.
MGP Ingredients Change In Inventory Related Terms
Thank you for viewing the detailed overview of MGP Ingredients's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MGP Ingredients (MGP Ingredients) Business Description
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MGPI has been successfully added to your 