Franklin Electric Co (Franklin Electric Co) Change In Inventory : $48 Mil (TTM As of Dec. 2023)

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What is Franklin Electric Co Change In Inventory?

Franklin Electric Co's change in inventory for the quarter that ended in Dec. 2023 was $46 Mil. It means Franklin Electric Co's inventory declined by $46 Mil from Sep. 2023 to Dec. 2023 .

Franklin Electric Co's change in inventory for the fiscal year that ended in Dec. 2023 was $48 Mil. It means Franklin Electric Co's inventory declined by $48 Mil from Dec. 2022 to Dec. 2023 .

Franklin Electric Co's Total Inventories for the quarter that ended in Dec. 2023 was $509 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Franklin Electric Co's Days Inventory for the quarter that ended in Dec. 2023 was 153.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Franklin Electric Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.59.

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. Franklin Electric Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.11.

Franklin Electric Co Change In Inventory Historical Data

The historical data trend for Franklin Electric Co'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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Franklin Electric Co Change In Inventory Chart

Franklin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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17.23

13.14

-123.08

-101.08

48.18

Franklin Electric Co 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															21.07	-50.73	26.60	26.66	45.64

Franklin Electric Co 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 $48 Mil.

Franklin Electric Co (NAS:FELE) Change In Inventory Explanation

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

Franklin Electric Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	526.118	/	312.961	*	365 / 4
	=	153.40

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	312.961	/	526.118
	=	0.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	526.118	/	472.97
	=	1.11

Franklin Electric Co Change In Inventory Related Terms

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Franklin Electric Co (Franklin Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Franklin Electric Co Inc (NAS:FELE) » Definitions » Change In Inventory

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FE4:Germany

Address

9255 Coverdale Road, Fort Wayne, IN, USA, 46809

Website

https://www.franklin-electric.com

Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.

Executives

Gregg C Sengstack	officer: Senior Vice President and CFO	FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
Delancey W Davis	officer: Vice President, Director of Sa	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Greg Michael Levine	officer: VP & President, Global Water	954 CHAPEL OAKS ROAD, FRONTENAC MO 63131
Jonathan M. Grandon	officer: Chief Administrative Officer	56 EAST BELL DRIVE, P.O. BOX, WARSAW IN 46581
Donald P Kenney	officer: VP and President Energy System	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Paul Chhabra	officer: VP, Global Product Supply	9255 COVERDALE ROAD, FORT WAYNE IN 46809
Jeffery L Taylor	officer: Vice President and CFO	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Chris Villavarayan	director	C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Brent L Spikes	officer: VP, Global Manufacturing Ops	10330 CYGNET COVE, ROANOKE IN 46783
Kenneth Keene	officer: VP, Global Supply Chain	626 MONTE VISTA DRIVE, FORT WAYNE IN 46814
John J Haines	officer: Vice President and CFO	FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Luxfer Holdings Plc	director	LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara	director	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Jay J Walsh	officer: President, Franklin Fueling	502 CABRILLO COURT, VERONA WI 53593
Julie Scheck Freigang	officer: Vice President	515 FRANKLIN STREET, MICHIGAN CITY IN 46360