Silgan Holdings (Silgan Holdings) Change In Inventory : $95 Mil (TTM As of Mar. 2024)

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What is Silgan Holdings Change In Inventory?

Silgan Holdings's change in inventory for the quarter that ended in Mar. 2024 was $-22 Mil. It means Silgan Holdings's inventory increased by $22 Mil from Dec. 2023 to Mar. 2024 .

Silgan Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $-162 Mil. It means Silgan Holdings's inventory increased by $162 Mil from Dec. 2022 to Dec. 2023 .

Silgan Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $957 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silgan Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 79.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silgan Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Silgan Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.72.

Silgan Holdings Change In Inventory Historical Data

The historical data trend for Silgan Holdings'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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Silgan Holdings Change In Inventory Chart

Silgan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.05

11.36

-109.55

5.80

-162.27

Silgan Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-279.98	-193.01	320.10	-9.38	-22.30

Silgan Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $95 Mil.

Silgan Holdings (NYSE:SLGN) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	949.004	/	1093.5	*	365 / 4
	=	79.19

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

Silgan Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1093.5	/	949.004
	=	1.15

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.

Silgan Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	949.004	/	1317
	=	0.72

Silgan Holdings Change In Inventory Related Terms

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Silgan Holdings (Silgan Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Silgan Holdings Inc (NYSE:SLGN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SL3:Germany

Address

4 Landmark Square, Suite 400, Stamford, CT, USA, 06901

Website

https://www.silganholdings.com

Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.

Executives

Anthony J Allott	officer: President and COO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder	officer: President - Silgan Containers	C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath	officer: Vice President, Tax	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan	director	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis	officer: EVP and CFO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry	officer: SVP, Corporate Development	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer	officer: Vice President & Controller	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy	officer: Vice President & Controller	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen	officer: Vice President, Corp. Dev.	SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin	officer: Vice President	P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan	director, 10 percent owner, officer: Co-Chairman and Co-CEO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan	director	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields	director	C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi	officer: Vice President, Tax	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901