Iochpe-Maxion (BSP:MYPK3) Change In Inventory : R$308 Mil (TTM As of Dec. 2023)

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What is Iochpe-Maxion Change In Inventory?

Iochpe-Maxion's change in inventory for the quarter that ended in Dec. 2023 was R$122 Mil. It means Iochpe-Maxion's inventory declined by R$122 Mil from Sep. 2023 to Dec. 2023 .

Iochpe-Maxion's change in inventory for the fiscal year that ended in Dec. 2023 was R$308 Mil. It means Iochpe-Maxion's inventory declined by R$308 Mil from Dec. 2022 to Dec. 2023 .

Iochpe-Maxion's Total Inventories for the quarter that ended in Dec. 2023 was R$2,306 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iochpe-Maxion's Days Inventory for the quarter that ended in Dec. 2023 was 69.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iochpe-Maxion's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.31.

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. Iochpe-Maxion's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Iochpe-Maxion Change In Inventory Historical Data

The historical data trend for Iochpe-Maxion'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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Iochpe-Maxion Change In Inventory Chart

Iochpe-Maxion Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Change In Inventory

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156.16

-97.69

-1,423.64

239.94

307.81

Iochpe-Maxion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															250.09	125.66	29.49	31.08	121.59

Iochpe-Maxion 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$308 Mil.

Iochpe-Maxion (BSP:MYPK3) Change In Inventory Explanation

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

Iochpe-Maxion's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2373.6305	/	3103.262	*	365 / 4
	=	69.80

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

Iochpe-Maxion's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3103.262	/	2373.6305
	=	1.31

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.

Iochpe-Maxion's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2373.6305	/	3483.501
	=	0.68

Iochpe-Maxion Change In Inventory Related Terms

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Iochpe-Maxion (BSP:MYPK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Iochpe-Maxion SA (BSP:MYPK3) » Definitions » Change In Inventory

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IOCJY:USA

Address

Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA

Website

https://www.iochpe-maxion.com.br

Iochpe-Maxion SA is a Brazilian company involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The company is a world leader in the production of automotive wheels. It has nearly 30 manufacturing facilities located globally and has customers worldwide and operates through three divisions; Maxion Wheels, Maxion Structural Components, and Amsted-Maxion. Maxion Wheels produces and markets a wide range of steel wheels, Maxion Structural Components, we produce struts, sleepers, and chassis assembled for light vehicles and Amsted-Maxion produces freight wagons, railway wheels and castings.

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