MasTec (FRA:MY8) Change In Inventory

: €-17 Mil (TTM As of Mar. 2023)

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MasTec's change in inventory for the quarter that ended in Mar. 2023 was €-5 Mil. It means MasTec's inventory increased by €5 Mil from Dec. 2022 to Mar. 2023 .

MasTec's change in inventory for the fiscal year that ended in Dec. 2022 was €-19 Mil. It means MasTec's inventory increased by €19 Mil from Dec. 2021 to Dec. 2022 .

MasTec's Total Inventories for the quarter that ended in Mar. 2023 was €154 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MasTec's Days Inventory for the quarter that ended in Mar. 2023 was 5.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. MasTec's Inventory Turnover for the quarter that ended in Mar. 2023 was 16.61.

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. MasTec's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.05.

MasTec Change In Inventory Historical Data

The historical data trend for MasTec'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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MasTec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

-25.81

21.65

14.72

8.98

-19.37

MasTec Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Inventory																-8.15	-10.28	-16.45	14.73	-5.30

MasTec 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-17 Mil.

MasTec (FRA:MY8) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	132.6975	/	2203.767	*	365 / 4
	=	5.49

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

MasTec's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2203.767	/	132.6975
	=	16.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	132.6975	/	2414.072
	=	0.05

MasTec Change In Inventory Related Terms

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MasTec (FRA:MY8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Change In Inventory

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Traded in Other Exchanges

MTZ:USA

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

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