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GMS (GMS) Change In Inventory : $18 Mil (TTM As of Jan. 2024)


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What is GMS Change In Inventory?

GMS's change in inventory for the quarter that ended in Jan. 2024 was $-20 Mil. It means GMS's inventory increased by $20 Mil from Oct. 2023 to Jan. 2024 .

GMS's change in inventory for the fiscal year that ended in Apr. 2023 was $-17 Mil. It means GMS's inventory increased by $17 Mil from Apr. 2022 to Apr. 2023 .

GMS's Total Inventories for the quarter that ended in Jan. 2024 was $583 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GMS's Days Inventory for the quarter that ended in Jan. 2024 was 61.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. GMS's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.48.

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. GMS's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.45.


GMS Change In Inventory Historical Data

The historical data trend for GMS'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.

* Premium members only.

GMS Change In Inventory Chart

GMS Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 -4.58 -46.66 -156.31 -16.80

GMS Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.45 17.92 -1.36 21.63 -20.26

GMS 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $18 Mil.

* 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.


GMS  (NYSE:GMS) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=571.031/843.628*365 / 4
=61.76

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

GMS's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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.

GMS's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

* 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.


GMS Change In Inventory Related Terms

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GMS (GMS) Business Description

Traded in Other Exchanges
Address
100 Crescent Centre Parkway, Suite 800, Tucker, GA, USA, 30084
GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing, and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western, and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.
Executives
George T Hendren officer: Chief Operating Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Craig D Apolinsky officer: VP, GC & Corporate Secretary GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
J David Smith director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
William Forrest Bell officer: Chief Accounting Officer 1001 SUMMIT BLVD, NE, ATLANTA GA 30319
Scott M Deakin officer: VP, Chief Financial Officer 123 MAIN STREET, BRISTOL CT 06011-2185
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Turner John C Jr officer: President 1009 WIMBERLY COURT, ALLEN TX 75013-1195
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Leigh R Dobbs officer: Chief Human Resources Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Coliseum Capital Co-invest Iii, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853