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Miller Industries (Miller Industries) Change In Inventory : $-30 Mil (TTM As of Dec. 2023)


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What is Miller Industries Change In Inventory?

Miller Industries's change in inventory for the quarter that ended in Dec. 2023 was $-13 Mil. It means Miller Industries's inventory increased by $13 Mil from Sep. 2023 to Dec. 2023 .

Miller Industries's change in inventory for the fiscal year that ended in Dec. 2023 was $-30 Mil. It means Miller Industries's inventory increased by $30 Mil from Dec. 2022 to Dec. 2023 .

Miller Industries's Total Inventories for the quarter that ended in Dec. 2023 was $190 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Miller Industries's Days Inventory for the quarter that ended in Dec. 2023 was 64.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Miller Industries's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.41.

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. Miller Industries's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.


Miller Industries Change In Inventory Historical Data

The historical data trend for Miller Industries'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.

Miller Industries Change In Inventory Chart

Miller Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 5.47 -32.07 -40.75 -30.42

Miller Industries 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.12 -10.32 0.91 -8.25 -12.76

Miller Industries 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 $-30 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.


Miller Industries  (NYSE:MLR) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=183.068/257.606*365 / 4
=64.85

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

Miller Industries's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Miller Industries'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.


Miller Industries Change In Inventory Related Terms

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Miller Industries (Miller Industries) Business Description

Traded in Other Exchanges
N/A
Address
8503 Hilltop Drive, Ooltewah, TN, USA, 37363
Miller Industries Inc is engaged in the manufacturing of vehicle towing and recovery equipment. The company produces wreckers, car carriers, and trailer bodies under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The products are sold primarily in North America, Canada, and Mexico through independent distributors.
Executives
Jill Sutton director 313 IRON HORSE WAY, PROVIDENCE RI 02908
Peter Lee Jackson director 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Javier A Reyes director 65 FALLING WATER LANE, MORGANTOWN WV 26508
Susan E Sweeney director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Jeffrey I Badgley officer: Co-CEO
Miller William G. Ii director, officer: CEO and President 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Josias W. Reyneke officer: Chief Information Officer 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Deborah L Whitmire director, officer: Chief Financial Officer 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Frank Madonia officer: Executive VP, Secretary & GC
Vincent J. Tiano officer: Vice President and CRO 8515 CAVANAUGH LANE, HIXSON TN 37343
Jamison Linden officer: Vice President and CMO 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Leigh Walton director 150 THIRD AVENUE SOUTH, SUITE 2800, NASHVILLE TN 37201
Ashford Theodore H. Iii director 909 STUART ROAD, WILMINGTON DE 19807
Richard H Roberts director C/O MILLER INDUSTRIES, INC., 8503 HILLTOP DRIVE, OOLTEWAH TN 37363
Chandler A Russell Iii director C/O KILPATRICK STOCKTON LLP, 110 PEACHTREE STREET SUITE 2800, ATLANTA GA 30309