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Altra Industrial Motion (Altra Industrial Motion) Change In Inventory : $-79 Mil (TTM As of Dec. 2022)


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What is Altra Industrial Motion Change In Inventory?

Altra Industrial Motion's change in inventory for the quarter that ended in Dec. 2022 was $-7 Mil. It means Altra Industrial Motion's inventory increased by $7 Mil from Sep. 2022 to Dec. 2022 .

Altra Industrial Motion's change in inventory for the fiscal year that ended in Dec. 2022 was $-79 Mil. It means Altra Industrial Motion's inventory increased by $79 Mil from Dec. 2021 to Dec. 2022 .

Altra Industrial Motion's Total Inventories for the quarter that ended in Dec. 2022 was $339 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altra Industrial Motion's Days Inventory for the quarter that ended in Dec. 2022 was 101.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altra Industrial Motion's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.90.

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. Altra Industrial Motion's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.71.

Altra Industrial Motion Change In Inventory Historical Data

The historical data trend for Altra Industrial Motion'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.

Altra Industrial Motion Change In Inventory Chart

Altra Industrial Motion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.00 5.80 19.00 -67.40 -79.00

Altra Industrial Motion Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.20 -37.90 -20.50 -14.00 -6.60

Altra Industrial Motion 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-79 Mil.

* 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.

Altra Industrial Motion  (NAS:AIMC) Change In Inventory Explanation

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

Altra Industrial Motion's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=331.25/298.7*365 / 4
=101.19

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

Altra Industrial Motion's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=298.7 / 331.25
=0.90

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.

Altra Industrial Motion's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=331.25 / 469.4
=0.71

* 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.

Altra Industrial Motion Change In Inventory Related Terms

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Altra Industrial Motion (Altra Industrial Motion) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altra Industrial Motion Corp (NAS:AIMC) » Definitions » Change In Inventory
Comparable Companies
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Traded in Other Exchanges
N/A
Address
300 Granite Street, Suite 201, Braintree, MA, USA, 02184
Website
https://www.altramotion.com
Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and sells a wide range of electromechanical power transmission motion control. The company operates through two business segments based on product types and end markets served: the power transmission technologies segment and the automation and specialty segment. The company's product portfolio consists of products such as clutches, brakes, gears, and motion controllers and braking systems, which are used in heavy industrial applications, energy markets, medical, packaging, automation, robotic, and other industries. The company earns majority of its revenue in North America ( primarily the United States).
Executives
La Vonda Williams director 201 MONTGOMERY STREET, #751, JERSEY CITY NJ 07302
Haughey Nicole Parent director UNITED TECHNOLOGIES CORPORATION, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Margot Hoffman director 6368 CHAMPIONS DRIVE, WESTERVILLE OH 43082
Thomas W Swidarski director 5995 MAYFAIR RD, P O BOX 3077, NORTH CANTON OH 44720
Todd Patriacca officer: EVP, CFO and Treasurer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Glenn E. Deegan officer: Chief Legal and HR Officer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
J Scott Hall director 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Christian Storch officer: Chief Financial Officer C/O ALTRA INDUSTRIAL MOTION, 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Woodward James H Jr director 7140 OFFICE CIRCLE, EVANSVILLE IN 47716
Craig Schuele officer: VP Mktg&Bus Dev (see Remarks) C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Carl R Christenson officer: President and COO C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Lyle G. Ganske director C/O ALTRA INDUSTRIAL MOTION, INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Larry Mcpherson director C/O MEDICAL STAFFING NETWORK HOLDINGS, 901 YAMATO ROAD, SUITE 110, BOCA RATON FL 33431
Lipscomb S Michael director SIFCO INDUSTRIES, INC., 970 EAST 64TH STREET, CLEVELAND OH 44103
Patrick K Murphy director C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203