Noranda Aluminum Holding (FRA:NAF1) Change In Inventory : €53 Mil (TTM As of Dec. 2015)

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What is Noranda Aluminum Holding Change In Inventory?

Noranda Aluminum Holding's change in inventory for the quarter that ended in Dec. 2015 was €24 Mil. It means Noranda Aluminum Holding's inventory declined by €24 Mil from Sep. 2015 to Dec. 2015 .

Noranda Aluminum Holding's change in inventory for the fiscal year that ended in Dec. 2015 was €53 Mil. It means Noranda Aluminum Holding's inventory declined by €53 Mil from Dec. 2014 to Dec. 2015 .

Noranda Aluminum Holding's Total Inventories for the quarter that ended in Dec. 2015 was €124 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Noranda Aluminum Holding's Days Inventory for the quarter that ended in Dec. 2015 was 49.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Noranda Aluminum Holding's Inventory Turnover for the quarter that ended in Dec. 2015 was 1.86.

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. Noranda Aluminum Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2015 was 0.61.

Noranda Aluminum Holding Change In Inventory Historical Data

The historical data trend for Noranda Aluminum Holding'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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Noranda Aluminum Holding Change In Inventory Chart

Noranda Aluminum Holding Annual Data

Trend

Dec06

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Dec08

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Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Change In Inventory

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-0.53

14.24

-20.28

53.06

Noranda Aluminum Holding Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Change In Inventory	Get a 7-Day Free Trial															-1.05	12.38	-13.54	29.67	24.14

Noranda Aluminum Holding 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 Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €53 Mil.

Noranda Aluminum Holding (FRA:NAF1) Change In Inventory Explanation

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

Noranda Aluminum Holding's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	134.587	/	250.246	*	365 / 4
	=	49.08

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

Noranda Aluminum Holding's Inventory Turnover for the quarter that ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	250.246	/	134.587
	=	1.86

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.

Noranda Aluminum Holding's Inventory to Revenue for the quarter that ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	134.587	/	220.595
	=	0.61

Noranda Aluminum Holding Change In Inventory Related Terms

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Noranda Aluminum Holding (FRA:NAF1) Business Description

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Address

801 Crescent Centre Drive, Suite 600, Franklin, TN, USA, 37067

Website

http://www.norandaaluminum.com

Noranda Aluminum Holding Corporation is an integrated producer of value-added primary aluminum products and rolled aluminum coils. The company's downstream business is one of the largest aluminum foil producers in North America. Its upstream business is a large producer of primary aluminum in the U.S.

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