ICL Group (ICL Group) Change In Inventory : $465 Mil (TTM As of Dec. 2023)

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What is ICL Group Change In Inventory?

ICL Group's change in inventory for the quarter that ended in Dec. 2023 was $50 Mil. It means ICL Group's inventory declined by $50 Mil from Sep. 2023 to Dec. 2023 .

ICL Group's change in inventory for the fiscal year that ended in Dec. 2023 was $465 Mil. It means ICL Group's inventory declined by $465 Mil from Dec. 2022 to Dec. 2023 .

ICL Group's Total Inventories for the quarter that ended in Dec. 2023 was $1,703 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ICL Group's Days Inventory for the quarter that ended in Dec. 2023 was 138.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. ICL Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.66.

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. ICL Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.01.

ICL Group Change In Inventory Historical Data

The historical data trend for ICL Group'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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ICL Group Change In Inventory Chart

ICL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-72.00

54.00

-267.00

-527.00

465.00

ICL Group 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															-72.00	51.00	113.00	251.00	50.00

ICL Group 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 $465 Mil.

ICL Group (NYSE:ICL) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1712.5	/	1130	*	365 / 4
	=	138.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1130	/	1712.5
	=	0.66

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1712.5	/	1690
	=	1.01

ICL Group Change In Inventory Related Terms

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ICL Group (ICL Group) Business Description

Industry

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ICL:Israel

Address

23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202

Website

https://www.icl-group.com

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.