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Glencore (LSE:GLEN) Change In Inventory : £1,170 Mil (TTM As of Jun. 2024)


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What is Glencore Change In Inventory?

Glencore's change in inventory for the quarter that ended in Jun. 2024 was £1,006 Mil. It means Glencore's inventory declined by £1,006 Mil from Dec. 2023 to Jun. 2024 .

Glencore's change in inventory for the fiscal year that ended in Dec. 2023 was £1,563 Mil. It means Glencore's inventory declined by £1,563 Mil from Dec. 2022 to Dec. 2023 .

Glencore's Total Inventories for the quarter that ended in Jun. 2024 was £23,719 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glencore's Days Inventory for the quarter that ended in Jun. 2024 was 49.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glencore's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.69.

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. Glencore's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.26.


Glencore Change In Inventory Historical Data

The historical data trend for Glencore'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.

Glencore Change In Inventory Chart

Glencore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 517.31 -2,372.62 -4,256.32 -4,133.74 1,562.62

Glencore Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1,367.41 -2,751.17 1,401.84 164.32 1,006.08

Glencore 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1,170 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.


Glencore  (LSE:GLEN) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=24329.316/89809.146*365 / 2
=49.44

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

Glencore's Inventory Turnover for the quarter that ended in Jun. 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.

Glencore's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=24329.316 / 92033.526
=0.26

* 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.


Glencore Change In Inventory Related Terms

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Glencore Business Description

Address
Baarermattstrasse 3, Baar, CHE, CH-6340
Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.

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