Norfolk Southern's change in inventory for the quarter that ended in Dec. 2023 was $39 Mil. It means Norfolk Southern's inventory
declined by $39 Mil
from Sep. 2023 to Dec. 2023 .
Norfolk Southern's change in inventory for the fiscal year that ended in Dec. 2023 was $-11 Mil. It means Norfolk Southern's inventory
increased by $11 Mil
from Dec. 2022 to Dec. 2023 .
Norfolk Southern's Total Inventories for the quarter that ended in Dec. 2023 was $264 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Norfolk Southern's Days Inventory for the quarter that ended in Dec. 2023 was 12.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Norfolk Southern's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.04.
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.
Norfolk Southern's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.
Norfolk Southern Change In Inventory Historical Data
The historical data trend for Norfolk Southern'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 $-11 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.
Norfolk Southern (NYSE:NSC) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Norfolk Southern'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.
Norfolk Southern'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.
Norfolk Southern Change In Inventory Related Terms
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Norfolk Southern (Norfolk Southern) Business Description
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
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