Insteel Industries (FRA:HZ8) Change In Inventory : €40.9 Mil (TTM As of Mar. 2024)

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What is Insteel Industries Change In Inventory?

Insteel Industries's change in inventory for the quarter that ended in Mar. 2024 was €1.5 Mil. It means Insteel Industries's inventory declined by €1.5 Mil from Dec. 2023 to Mar. 2024 .

Insteel Industries's change in inventory for the fiscal year that ended in Sep. 2023 was €88.4 Mil. It means Insteel Industries's inventory declined by €88.4 Mil from Sep. 2022 to Sep. 2023 .

Insteel Industries's Total Inventories for the quarter that ended in Mar. 2024 was €85.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Insteel Industries's Days Inventory for the quarter that ended in Mar. 2024 was 76.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Insteel Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.20.

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. Insteel Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.73.

Insteel Industries Change In Inventory Historical Data

The historical data trend for Insteel Industries'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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Insteel Industries Change In Inventory Chart

Insteel Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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21.16

4.30

-8.57

-119.79

88.40

Insteel Industries 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															32.40	3.11	27.94	8.40	1.48

Insteel Industries 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 €40.9 Mil.

Insteel Industries (FRA:HZ8) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	85.728	/	102.744	*	365 / 4
	=	76.14

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	102.744	/	85.728
	=	1.20

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	85.728	/	117.202
	=	0.73

Insteel Industries Change In Inventory Related Terms

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Insteel Industries (FRA:HZ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (FRA:HZ8) » Definitions » Change In Inventory

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IIIN:USA

Address

1373 Boggs Drive, Mount Airy, NC, USA, 27030

Website

https://www.insteel.com

Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

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