Allegion's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Allegion's inventory
stayed the same
from Dec. 2023 to Mar. 2024 .
Allegion's change in inventory for the fiscal year that ended in Dec. 2023 was $45 Mil. It means Allegion's inventory
declined by $45 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Allegion's Days Inventory for the quarter that ended in Mar. 2024 was 80.52.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Allegion's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.13.
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.
Allegion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.
Allegion Change In Inventory Historical Data
The historical data trend for Allegion'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.
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 $0 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.
Allegion (NYSE:ALLE) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Allegion's Days Inventory for the quarter that ended in is calculated as:
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.
Allegion's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
* 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.
Allegion Change In Inventory Related Terms
Thank you for viewing the detailed overview of Allegion's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.
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