Metalurgica Gerdau (BSP:GOAU4) Change In Inventory : R$374 Mil (TTM As of Mar. 2024)

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What is Metalurgica Gerdau Change In Inventory?

Metalurgica Gerdau's change in inventory for the quarter that ended in Mar. 2024 was R$-619 Mil. It means Metalurgica Gerdau's inventory increased by R$619 Mil from Dec. 2023 to Mar. 2024 .

Metalurgica Gerdau's change in inventory for the fiscal year that ended in Dec. 2023 was R$1,305 Mil. It means Metalurgica Gerdau's inventory declined by R$1,305 Mil from Dec. 2022 to Dec. 2023 .

Metalurgica Gerdau's Total Inventories for the quarter that ended in Mar. 2024 was R$16,043 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metalurgica Gerdau's Days Inventory for the quarter that ended in Mar. 2024 was 103.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalurgica Gerdau's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.

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. Metalurgica Gerdau's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.96.

Metalurgica Gerdau Change In Inventory Historical Data

The historical data trend for Metalurgica Gerdau'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.

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Metalurgica Gerdau Change In Inventory Chart

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1,556.71

-428.26

-7,704.33

-2,039.14

1,305.42

Metalurgica Gerdau Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															312.45	-312.79	1,158.81	146.95	-619.12

Metalurgica Gerdau 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$374 Mil.

Metalurgica Gerdau (BSP:GOAU4) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	15635.456	/	13790.544	*	365 / 4
	=	103.46

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

Metalurgica Gerdau's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13790.544	/	15635.456
	=	0.88

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.

Metalurgica Gerdau's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15635.456	/	16210.263
	=	0.96

Metalurgica Gerdau Change In Inventory Related Terms

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Metalurgica Gerdau (BSP:GOAU4) Business Description

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GOAU3:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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