TAT Technologies (TAT Technologies) Change In Inventory : $-5.4 Mil (TTM As of Dec. 2023)

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What is TAT Technologies Change In Inventory?

TAT Technologies's change in inventory for the quarter that ended in Dec. 2023 was $-0.7 Mil. It means TAT Technologies's inventory increased by $0.7 Mil from Sep. 2023 to Dec. 2023 .

TAT Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-5.4 Mil. It means TAT Technologies's inventory increased by $5.4 Mil from Dec. 2022 to Dec. 2023 .

TAT Technologies's Total Inventories for the quarter that ended in Dec. 2023 was $51.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TAT Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 183.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. TAT Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.50.

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. TAT Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.57.

TAT Technologies Change In Inventory Historical Data

The historical data trend for TAT Technologies'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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TAT Technologies Change In Inventory Chart

TAT Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.74

1.87

-0.68

-5.07

-5.40

TAT Technologies 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															1.64	2.96	-3.25	-4.45	-0.67

TAT Technologies 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 $-5.4 Mil.

TAT Technologies (NAS:TATT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	50.1425	/	24.868	*	365 / 4
	=	183.99

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.868	/	50.1425
	=	0.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.1425	/	31.837
	=	1.57

TAT Technologies Change In Inventory Related Terms

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TAT Technologies (TAT Technologies) Business Description

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TATT:Israel

Address

Hamelacha 5, Netanya, ISR, 4250540

Website

https://www.tat-technologies.com

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.