MDU Resources Group (MDU Resources Group) Change In Inventory

: $-28 Mil (TTM As of Dec. 2023)

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MDU Resources Group's change in inventory for the quarter that ended in Dec. 2023 was $-8 Mil. It means MDU Resources Group's inventory increased by $8 Mil from Sep. 2023 to Dec. 2023 .

MDU Resources Group's change in inventory for the fiscal year that ended in Dec. 2023 was $-28 Mil. It means MDU Resources Group's inventory increased by $28 Mil from Dec. 2022 to Dec. 2023 .

MDU Resources Group's Total Inventories for the quarter that ended in Dec. 2023 was $87 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MDU Resources Group's Days Inventory for the quarter that ended in Dec. 2023 was 8.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. MDU Resources Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.74.

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. MDU Resources Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

MDU Resources Group Change In Inventory Historical Data

The historical data trend for MDU Resources 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.

* Premium members only.

MDU Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

9.33

-7.22

0.14

-15.56

-27.59

MDU Resources 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																28.09	-40.89	42.31	-21.12	-7.90

MDU Resources 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 $-28 Mil.

MDU Resources Group (NYSE:MDU) Change In Inventory Explanation

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

MDU Resources 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
	=	83.8135	/	900.319	*	365 / 4
	=	8.49

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	900.319	/	83.8135
	=	10.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.8135	/	1135.32
	=	0.07

MDU Resources Group Change In Inventory Related Terms

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MDU Resources Group (MDU Resources Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » MDU Resources Group Inc (NYSE:MDU) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MRE:Germany

Address

1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650

Website

https://www.mdu.com

MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.

Executives

Rob L. Johnson	officer: President-WBI Holdings	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Paul R. Sanderson	officer: VP, CLO & Secretary	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
James H. Gemmel	director	C/O CORVEX MANAGEMENT LP, 667 MADISON AVENUE, NEW YORK NY 10065
Brian R. Gray	officer: President & CEO-Knife River	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
German Carmona-alvarez	director	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Thomas S Everist	director
Nicole A Kivisto	officer: Controller	P. O. BOX 5650, BISMARCK ND 58506-5650
Dale Rosenthal	director	101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karl A Liepitz	officer: VP, Gen Counsel & Secretary	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Jason L Vollmer	officer: Treasurer & Director of Cash	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David M Sparby	director	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Margaret A Link	officer: Chief Information Officer	1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dennis W Johnson	director	TMI BUSINESS DESIGHNS CORP, 50 3 AVENUE WAY, DICKINSON ND 58601
David C Barney	officer: President & CEO - Knife River	1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Stephanie A Barth	officer: VP, CAO & Controller	1200 WEST CENTURY AVENUE, BISMARCK ND 58503