Radius Recycling (FRA:SS1A) Change In Inventory : €-15 Mil (TTM As of Feb. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Radius Recycling Change In Inventory?

Radius Recycling's change in inventory for the quarter that ended in Feb. 2024 was €-28 Mil. It means Radius Recycling's inventory increased by €28 Mil from Nov. 2023 to Feb. 2024 .

Radius Recycling's change in inventory for the fiscal year that ended in Aug. 2023 was €44 Mil. It means Radius Recycling's inventory declined by €44 Mil from Aug. 2022 to Aug. 2023 .

Radius Recycling's Total Inventories for the quarter that ended in Feb. 2024 was €291 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Radius Recycling's Days Inventory for the quarter that ended in Feb. 2024 was 46.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radius Recycling's Inventory Turnover for the quarter that ended in Feb. 2024 was 1.95.

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. Radius Recycling's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.48.

Radius Recycling Change In Inventory Historical Data

The historical data trend for Radius Recycling'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.

Radius Recycling Change In Inventory Chart

Radius Recycling Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Inventory

Get a 7-Day Free Trial

30.09

33.15

-75.33

-36.75

44.05

Radius Recycling Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															57.61	-9.77	22.76	0.27	-28.47

Radius Recycling 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15 Mil.

Radius Recycling (FRA:SS1A) Change In Inventory Explanation

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

Radius Recycling's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	275.5845	/	538.584	*	365 / 4
	=	46.69

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

Radius Recycling's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	538.584	/	275.5845
	=	1.95

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.

Radius Recycling's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	275.5845	/	575.722
	=	0.48

Radius Recycling Change In Inventory Related Terms

Thank you for viewing the detailed overview of Radius Recycling's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Radius Recycling (FRA:SS1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Radius Recycling Inc (FRA:SS1A) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RDUS:USA

Address

299 SW Clay Street, Suite 350, Portland, OR, USA, 97201

Website

https://www.radiusrecycling.com

Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

Radius Recycling (FRA:SS1A) Headlines

No Headlines