Graco (GGG) Change In Inventory

: $43 Mil (TTM As of Dec. 2023)

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Graco's change in inventory for the quarter that ended in Dec. 2023 was $23 Mil. It means Graco's inventory declined by $23 Mil from Sep. 2023 to Dec. 2023 .

Graco's change in inventory for the fiscal year that ended in Dec. 2023 was $43 Mil. It means Graco's inventory declined by $43 Mil from Dec. 2022 to Dec. 2023 .

Graco's Total Inventories for the quarter that ended in Dec. 2023 was $438 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Graco's Days Inventory for the quarter that ended in Dec. 2023 was 153.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Graco's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.60.

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. Graco's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.79.

Graco Change In Inventory Historical Data

The historical data trend for Graco'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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Graco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

12.44

-13.09

-97.78

-95.69

42.72

Graco 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																-9.24	-18.96	18.78	19.41	23.49

Graco 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 $43 Mil.

Graco (NYSE:GGG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	447.9765	/	266.702	*	365 / 4
	=	153.27

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	266.702	/	447.9765
	=	0.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	447.9765	/	566.644
	=	0.79

Graco Change In Inventory Related Terms

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Graco (GGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Graco Inc (NYSE:GGG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GA8:Germany GA8:Germany

Address

88-11th Avenue Northeast, Minneapolis, MN, USA, 55413

Website

https://www.graco.com

Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.

Executives

Mark W Sheahan	officer: VICE PRESIDENT AND TREASURER	P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Angela F Wordell	officer: Executive VP, Operations	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kathryn L Schoenrock	officer: Executive Vice President	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Caroline M Chambers	officer: Vice President and Controller	PO BOX 1441, MINNEAPOLIS MN 55440-1441
Eric Etchart	director	ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Van Sant R William	director	PO BOX 1441, MINNEAPOLIS MN 55440-1441
Timothy R White	officer: President, EMEA	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Ronita Banerjee	officer: EVP, Chief HR Officer	88 11TH AVENUE NE, MINNEAPOLIS MN 55105
Jeffrey P. Johnson	officer: Vice President	88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Heather L Anfang	director	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Dale D Johnson	officer: VICE PRESIDENT	P.O. BOX 1441, MINNEAPOLIS MN 5440-1441
Christopher D. Knutson	officer: EVP, Corporate Controller	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo	officer: President, Worldwide Gema	88 11TH AVENUE NE, MINNEAPOLIS MN 55413
J Kevin Gilligan	director	P O BOX 1441, MINNEAPOLIS MN 55440-1441
Archie C. Black	director	333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402