Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Change In Inventory : $256 Mil (TTM As of Dec. 2023)

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What is Companhia Siderurgica Nacional Change In Inventory?

Companhia Siderurgica Nacional's change in inventory for the quarter that ended in Dec. 2023 was $-63 Mil. It means Companhia Siderurgica Nacional's inventory increased by $63 Mil from Sep. 2023 to Dec. 2023 .

Companhia Siderurgica Nacional's change in inventory for the fiscal year that ended in Dec. 2023 was $266 Mil. It means Companhia Siderurgica Nacional's inventory declined by $266 Mil from Dec. 2022 to Dec. 2023 .

Companhia Siderurgica Nacional's Total Inventories for the quarter that ended in Dec. 2023 was $1,951 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Companhia Siderurgica Nacional's Days Inventory for the quarter that ended in Dec. 2023 was 102.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Companhia Siderurgica Nacional's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.89.

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. Companhia Siderurgica Nacional's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.

Companhia Siderurgica Nacional Change In Inventory Historical Data

The historical data trend for Companhia Siderurgica Nacional'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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Companhia Siderurgica Nacional Change In Inventory Chart

Companhia Siderurgica Nacional Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-53.17

146.86

-1,123.29

-140.12

265.99

Companhia Siderurgica Nacional 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															-156.00	165.10	122.22	32.03	-62.86

Companhia Siderurgica Nacional 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 $256 Mil.

Companhia Siderurgica Nacional (NYSE:SID) Change In Inventory Explanation

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

Companhia Siderurgica Nacional's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1915.1375	/	1701.362	*	365 / 4
	=	102.72

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1701.362	/	1915.1375
	=	0.89

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1915.1375	/	2450.125
	=	0.78

Companhia Siderurgica Nacional Change In Inventory Related Terms

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Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Business Description

Industry

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Traded in Other Exchanges

CQWA:Germany CSNA3:Brazil SID:Argentina

Address

Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132

Website

https://www.csn.com.br

Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.