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Titan Machinery (Titan Machinery) Change In Inventory : $-476 Mil (TTM As of Jan. 2024)


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What is Titan Machinery Change In Inventory?

Titan Machinery's change in inventory for the quarter that ended in Jan. 2024 was $-118 Mil. It means Titan Machinery's inventory increased by $118 Mil from Oct. 2023 to Jan. 2024 .

Titan Machinery's change in inventory for the fiscal year that ended in Jan. 2024 was $-476 Mil. It means Titan Machinery's inventory increased by $476 Mil from Jan. 2023 to Jan. 2024 .

Titan Machinery's Total Inventories for the quarter that ended in Jan. 2024 was $1,303 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titan Machinery's Days Inventory for the quarter that ended in Jan. 2024 was 152.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Titan Machinery's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.60.

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. Titan Machinery's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.39.


Titan Machinery Change In Inventory Historical Data

The historical data trend for Titan Machinery'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.

Titan Machinery Change In Inventory Chart

Titan Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -99.47 199.25 5.80 -180.93 -476.39

Titan Machinery Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -65.20 -140.11 -123.01 -95.72 -117.55

Titan Machinery 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-476 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.


Titan Machinery  (NAS:TITN) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1187.059/711.097*365 / 4
=152.33

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

Titan Machinery's Inventory Turnover for the quarter that ended in Jan. 2024 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.

Titan Machinery's Inventory to Revenue for the quarter that ended in Jan. 2024 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.


Titan Machinery Change In Inventory Related Terms

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Titan Machinery (Titan Machinery) Business Description

Traded in Other Exchanges
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.
Executives
Stan K. Erickson director 10380 28TH AVENUE NORTH, MINNEAPOLIS MN 55441
Robert Larsen officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Frank Anglin director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Tony Christianson director
David Joseph Meyer director, officer: Chairman and CEO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bryan J Knutson officer: Chief Operating Officer C/O TITAN MACHINERY INC., 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Mark P. Kalvoda officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bradley Crews director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Christine E Hamilton director 225 S MAIN AVE, P O BOX 5000, SIOUX FALLS SD 57117
John W Henderson director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Jody L Horner director C/O TITAN MACHINERY, 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Theodore M Crosbie director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Peter J. Christianson director, officer: President and CFO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
James Irwin director 10543 EAST MARK LANE, SCOTTSDALE AZ 85262