Solvay (CHIX:SOLBB) Change In Inventory : €0 Mil (TTM As of Sep. 2024)

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What is Solvay Change In Inventory?

Solvay's change in inventory for the quarter that ended in Sep. 2024 was €0 Mil. It means Solvay's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Solvay's change in inventory for the fiscal year that ended in Dec. 2023 was €215 Mil. It means Solvay's inventory declined by €215 Mil from Dec. 2022 to Dec. 2023 .

Solvay's Total Inventories for the quarter that ended in Sep. 2024 was €604 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solvay's Days Inventory for the quarter that ended in Sep. 2024 was 56.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solvay's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.63.

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. Solvay's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.48.

Solvay Change In Inventory Historical Data

The historical data trend for Solvay'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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Solvay Change In Inventory Chart

Solvay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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164.00

100.00

-427.00

-300.00

215.00

Solvay 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															-	-	-	-	-

Solvay 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 €0 Mil.

Solvay (CHIX:SOLBb) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	597	/	971	*	365 / 4
	=	56.10

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	971	/	597
	=	1.63

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	597	/	1245
	=	0.48

Solvay Change In Inventory Related Terms

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Solvay Business Description

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SVYSF:USA SLVYY:USA 0NZR:UK SOL0:Germany SOLB:Belgium SOLB:Austria

Address

Rue De Ransbeek, 310, Brussels, BEL, B-1120

Website

https://www.solvay.com

Solvay SA is a Belgium-based producer of chemicals, plastics, and composites. Their five major businesses include soda ash, peroxides, silica, rare earths, and fluorine. The company has a top-three market position for nearly all of its products. Key business segments include Basic Chemicals, Performance Chemicals, and Corporate. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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