Spirax-Sarco Engineering (Spirax-Sarco Engineering) Change In Inventory : $-16 Mil (TTM As of Dec. 2023)

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What is Spirax-Sarco Engineering Change In Inventory?

Spirax-Sarco Engineering's change in inventory for the quarter that ended in Dec. 2023 was $19 Mil. It means Spirax-Sarco Engineering's inventory declined by $19 Mil from Jun. 2023 to Dec. 2023 .

Spirax-Sarco Engineering's change in inventory for the fiscal year that ended in Dec. 2023 was $-17 Mil. It means Spirax-Sarco Engineering's inventory increased by $17 Mil from Dec. 2022 to Dec. 2023 .

Spirax-Sarco Engineering's Total Inventories for the quarter that ended in Dec. 2023 was $361 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Spirax-Sarco Engineering's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Spirax-Sarco Engineering's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Spirax-Sarco Engineering Change In Inventory Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

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Spirax-Sarco Engineering Change In Inventory Chart

Spirax-Sarco Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-31.19

5.11

-35.51

-71.01

-16.58

Spirax-Sarco Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-26.20	-36.58	-34.84	-35.73	19.24

Spirax-Sarco Engineering 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 semi-annually data reported by the company within the most recent 12 months, which was $-16 Mil.

Spirax-Sarco Engineering (OTCPK:SPXSF) Change In Inventory Explanation

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

Spirax-Sarco Engineering's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	372.994	/	0	*	365 / 2
	=	N/A

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

Spirax-Sarco Engineering's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	372.994
	=	0.00

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.

Spirax-Sarco Engineering's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	372.994	/	1052.911
	=	0.35

Spirax-Sarco Engineering Change In Inventory Related Terms

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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (OTCPK:SPXSF) » Definitions » Change In Inventory

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Traded in Other Exchanges

SPXSY:USA SPXl:UK SPX:UK 1LNB:Germany

Address

Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER

Website

https://www.spiraxsarcoengineering.com

Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines

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