Terex (TEX) Change In Inventory

: $-200 Mil (TTM As of Dec. 2023)

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Terex's change in inventory for the quarter that ended in Dec. 2023 was $-32 Mil. It means Terex's inventory increased by $32 Mil from Sep. 2023 to Dec. 2023 .

Terex's change in inventory for the fiscal year that ended in Dec. 2023 was $-200 Mil. It means Terex's inventory increased by $200 Mil from Dec. 2022 to Dec. 2023 .

Terex's Total Inventories for the quarter that ended in Dec. 2023 was $1,186 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Terex's Days Inventory for the quarter that ended in Dec. 2023 was 109.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Terex's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.83.

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. Terex's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.94.

Terex Change In Inventory Historical Data

The historical data trend for Terex'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.

Terex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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20.30

261.60

-229.50

-206.10

-199.60

Terex 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															27.90	-98.80	-42.40	-26.60	-31.80

Terex 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 $-200 Mil.

Terex (NYSE:TEX) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1151.5	/	960.1	*	365 / 4
	=	109.44

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	960.1	/	1151.5
	=	0.83

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1151.5	/	1222.6
	=	0.94

Terex Change In Inventory Related Terms

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Terex (TEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (NYSE:TEX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TXG:Germany TXG:Germany

Address

45 Glover Avenue, 4th Floor, Norwalk, CT, USA, 06850

Website

https://www.terex.com

Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.

Executives

Garrison John L Jr	officer: CEO AND PRESIDENT	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Amy George	officer: Senior V.P. Human Resources	C/O TEREX CORPORATION, 200 NYALA FARMS ROAD, WESTPORT CT 06880
Stephen Johnston	officer: Chief Accounting Officer	C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPOT CT 06880
David A Sachs	director	C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880
Julie A Beck	officer: Senior Vice President, Finance	ONE INVACARE WAY, ELYRIA OH 44035
Andra Rush	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Oluseun Salami	director	C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK CT 06850
Kieran Hegarty	officer: President, Materials Processin	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Simon Meester	officer: President - Genie	C/O TEREX CORP, 45 GLOVER AVENUE, 4TH FLOOR, NORWALK CT 06850
Scott Posner	officer: Senior V.P., Gen Counsel Sec.	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Paula H Cholmondeley	director	221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
John D Sheehan	officer: Senior Vice President, CFO	5725 DELPHI DRIVE, TROY MI 48098
Mark I Clair	officer: VP Controller & CAO	C/O HEXCEL CORPORATION, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Christopher Rossi	director	C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Matthew Fearon	officer: President Terex AWP	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880