Mativ Holdings (Mativ Holdings) Inventory Turnover

: 1.02 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mativ Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $366 Mil. Mativ Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $359 Mil. Mativ Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mativ Holdings's Days Inventory for the three months ended in Dec. 2023 was 89.34.

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. Mativ Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.79.

Mativ Holdings Inventory Turnover Historical Data

The historical data trend for Mativ Holdings's Inventory Turnover 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.

Mativ Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

4.68

4.49

3.40

3.95

4.35

Mativ Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.97	1.19	1.01	0.93	1.02

Mativ Holdings Inventory Turnover Calculation

Mativ Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1670.2	/ (	(414.6	+	352.9)	/	2 )
=	1670.2	/	383.75
=	4.35

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	366.4	/ (	(364.6	+	352.9)	/	2 )
=	366.4	/	358.75
=	1.02

Mativ Holdings (NYSE:MATV) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mativ Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	358.75	/	366.4	*	365 / 4
	=	89.34

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	358.75	/	452.3
	=	0.79

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Mativ Holdings Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Mativ Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mativ Holdings (Mativ Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mativ Holdings Inc (NYSE:MATV) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

MH2:Germany

Address

100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022

Website

https://www.mativ.com

Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

Executives

Jeffrey Keenan	director	C/O SCHWEITZER-MAUDUIT INTERNATIONAL, SUITE 600, ALPHARETTA GA 30022
William M Cook	director	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark W Johnson	officer: CLO, GC & Secretary	1600 ROYAL STREET, JASPER IN 47546
Gregory Thomas Weitzel	officer: CFO	100 NORTH POINT CENTER EAST, SUITE 600, ALPHARETTA GA 30022
Julie Schertell	director, officer: President, CEO	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John Rogers	director	ONE MIDTOWN PLAZA, 1360 PEACHTREE STREET NE, ATLANTA GA 30309
Anderson Davis Warlick	director	C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Shruti Singhal	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Michael W Rickheim	officer: CHRO and CAO	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Tony R Thene	director	ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Cheryl Allegri	officer: Controller	C/O SWM, 100 NORTH POINT CENTER E, SUITE 600, ALPHARETTA GA 30022
Kimberly E Ritrievi	director	TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Jeffrey Kramer	director, officer: Co-CEO	C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Tracey Peacock	officer: EVP, AMS	C/O SCHWEITZER-MAUDUIT INTERNATIONAL INC, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Mark L Bye	director