Minerals Technologies (FRA:MNK) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Minerals Technologies Change In Inventory?

Minerals Technologies's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Minerals Technologies's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Minerals Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was €17 Mil. It means Minerals Technologies's inventory declined by €17 Mil from Dec. 2022 to Dec. 2023 .

Minerals Technologies's Total Inventories for the quarter that ended in Mar. 2024 was €300 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minerals Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 74.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minerals Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.23.

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. Minerals Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

Minerals Technologies Change In Inventory Historical Data

The historical data trend for Minerals Technologies'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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Minerals Technologies Change In Inventory Chart

Minerals Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-14.40

6.82

-51.51

-62.40

17.15

Minerals Technologies 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															-	-	-	-	-

Minerals Technologies 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 €0 Mil.

Minerals Technologies (FRA:MNK) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	299.156	/	366.712	*	365 / 4
	=	74.44

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	366.712	/	299.156
	=	1.23

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	299.156	/	491.74
	=	0.61

Minerals Technologies Change In Inventory Related Terms

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Minerals Technologies (FRA:MNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » Change In Inventory

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MTX:USA MNK:Germany

Address

622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707

Website

https://www.mineralstech.com

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

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