Intertape Polymer Group (Intertape Polymer Group) Change In Inventory : $-92 Mil (TTM As of Mar. 2022)

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What is Intertape Polymer Group Change In Inventory?

Intertape Polymer Group's change in inventory for the quarter that ended in Mar. 2022 was $-35 Mil. It means Intertape Polymer Group's inventory increased by $35 Mil from Dec. 2021 to Mar. 2022 .

Intertape Polymer Group's change in inventory for the fiscal year that ended in Dec. 2021 was $-87 Mil. It means Intertape Polymer Group's inventory increased by $87 Mil from Dec. 2020 to Dec. 2021 .

Intertape Polymer Group's Total Inventories for the quarter that ended in Mar. 2022 was $318 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intertape Polymer Group's Days Inventory for the quarter that ended in Mar. 2022 was 84.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intertape Polymer Group's Inventory Turnover for the quarter that ended in Mar. 2022 was 1.07.

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. Intertape Polymer Group's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.74.

Intertape Polymer Group Change In Inventory Historical Data

The historical data trend for Intertape Polymer 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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Intertape Polymer Group Change In Inventory Chart

Intertape Polymer Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-9.97

-30.39

4.34

-4.74

-86.76

Intertape Polymer Group Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Change In Inventory	Get a 7-Day Free Trial															-29.59	-26.54	-15.94	-14.69	-34.73

Intertape Polymer 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-92 Mil.

Intertape Polymer Group (OTCPK:ITPOF) Change In Inventory Explanation

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

Intertape Polymer 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
	=	298.941	/	321.172	*	365 / 4
	=	84.93

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

Intertape Polymer Group's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	321.172	/	298.941
	=	1.07

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.

Intertape Polymer Group's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	298.941	/	406.397
	=	0.74

Intertape Polymer Group Change In Inventory Related Terms

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Intertape Polymer Group (Intertape Polymer Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Intertape Polymer Group Inc (OTCPK:ITPOF) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

9999 Cavendish Boulevard, Suite 200, St. Laurent, Montreal, QC, CAN, H4M 2X5

Website

https://www.itape.com

Intertape Polymer Group Inc manufactures and sells a variety of packaging products. The firm's primary product categories include tapes, films, and woven coated fabrics. The company's tapes include pressure-sensitive and water-activated carton sealing tapes, and flatback, duct, double coated, foil, electrical, and filament tapes. Intertape's film products include stretch wrap, shrink film, air pillows used for protective packaging, and packaging machines. The woven coated fabrics include building and construction products and specialty fabrics. The majority of revenue comes from the United States.