Eastman Chemical Co (BSP:E1MN34) Change In Inventory : R$-888 Mil (TTM As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Eastman Chemical Co Change In Inventory?

Eastman Chemical Co's change in inventory for the quarter that ended in Sep. 2024 was R$89 Mil. It means Eastman Chemical Co's inventory declined by R$89 Mil from Jun. 2024 to Sep. 2024 .

Eastman Chemical Co's change in inventory for the fiscal year that ended in Dec. 2023 was R$985 Mil. It means Eastman Chemical Co's inventory declined by R$985 Mil from Dec. 2022 to Dec. 2023 .

Eastman Chemical Co's Total Inventories for the quarter that ended in Sep. 2024 was R$10,544 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eastman Chemical Co's Days Inventory for the quarter that ended in Sep. 2024 was 92.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eastman Chemical Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.99.

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. Eastman Chemical Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.76.

Eastman Chemical Co Change In Inventory Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Change In Inventory Chart

Eastman Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-328.36

1,497.11

-2,199.76

-2,255.52

984.86

Eastman Chemical Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															1,086.51	264.59	-497.98	-743.28	88.61

Eastman Chemical Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-888 Mil.

Eastman Chemical Co (BSP:E1MN34) Change In Inventory Explanation

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

Eastman Chemical Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	10388.7805	/	10294.77	*	365 / 4
	=	92.08

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

Eastman Chemical Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10294.77	/	10388.7805
	=	0.99

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.

Eastman Chemical Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10388.7805	/	13645.139
	=	0.76

Eastman Chemical Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Eastman Chemical Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Eastman Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Eastman Chemical Co (BSP:E1MN34) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

EMN:USA 0IF3:UK EAC:Germany EAC:Germany

Address

200 South Wilcox Drive, Kingsport, TN, USA, 37662

Website

https://www.eastman.com

Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.

Eastman Chemical Co Headlines

No Headlines