Aecon Group (Aecon Group) Change In Inventory : $2 Mil (TTM As of Mar. 2024)

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What is Aecon Group Change In Inventory?

Aecon Group's change in inventory for the quarter that ended in Mar. 2024 was $-3 Mil. It means Aecon Group's inventory increased by $3 Mil from Dec. 2023 to Mar. 2024 .

Aecon Group's change in inventory for the fiscal year that ended in Dec. 2023 was $3 Mil. It means Aecon Group's inventory declined by $3 Mil from Dec. 2022 to Dec. 2023 .

Aecon Group's Total Inventories for the quarter that ended in Mar. 2024 was $18 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aecon Group's Days Inventory for the quarter that ended in Mar. 2024 was 2.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aecon Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 34.30.

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. Aecon Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Aecon Group Change In Inventory Historical Data

The historical data trend for Aecon Group'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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Aecon Group Change In Inventory Chart

Aecon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.07

2.77

-3.01

-8.25

2.53

Aecon Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-2.36	-2.38	0.69	6.60	-2.86

Aecon Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2 Mil.

Aecon Group (OTCPK:AEGXF) Change In Inventory Explanation

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

Aecon Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16.88	/	579.053	*	365 / 4
	=	2.66

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

Aecon Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	579.053	/	16.88
	=	34.30

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.

Aecon Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.88	/	625.437
	=	0.03

Aecon Group Change In Inventory Related Terms

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Aecon Group (Aecon Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

2AE:Germany ARE:Canada

Address

20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6

Website

https://www.aecon.com

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

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