Gerdau (BUE:GGB) Change In Inventory : ARS89,323 Mil (TTM As of Dec. 2023)

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What is Gerdau Change In Inventory?

Gerdau's change in inventory for the quarter that ended in Dec. 2023 was ARS10,827 Mil. It means Gerdau's inventory declined by ARS10,827 Mil from Sep. 2023 to Dec. 2023 .

Gerdau's change in inventory for the fiscal year that ended in Dec. 2023 was ARS96,179 Mil. It means Gerdau's inventory declined by ARS96,179 Mil from Dec. 2022 to Dec. 2023 .

Gerdau's Total Inventories for the quarter that ended in Dec. 2023 was ARS1,121,929 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gerdau's Days Inventory for the quarter that ended in Dec. 2023 was 106.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gerdau's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.86.

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. Gerdau's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.

Gerdau Change In Inventory Historical Data

The historical data trend for Gerdau'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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Gerdau Change In Inventory Chart

Gerdau Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Change In Inventory

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22,670.32

-6,774.36

-137,590.44

-65,173.48

96,179.04

Gerdau 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															19,657.47	11,850.61	-15,466.52	82,111.88	10,826.83

Gerdau 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 ARS89,323 Mil.

Gerdau (BUE:GGB) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1121293.849	/	963890.924	*	365 / 4
	=	106.15

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	963890.924	/	1121293.849
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1121293.849	/	1084187.37
	=	1.03

Gerdau Change In Inventory Related Terms

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Gerdau (BUE:GGB) Business Description

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Comparable Companies

Traded in Other Exchanges

GGB:USA GGBN:Mexico XGGB:Spain GDUB:Germany GGBR4:Brazil GGBR3:Brazil

Address

Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070

Website

https://www.gerdau.com

Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.