Avient (FRA:PY9) Change In Inventory : €8 Mil (TTM As of Mar. 2024)

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What is Avient Change In Inventory?

Avient's change in inventory for the quarter that ended in Mar. 2024 was €-11 Mil. It means Avient's inventory increased by €11 Mil from Dec. 2023 to Mar. 2024 .

Avient's change in inventory for the fiscal year that ended in Dec. 2023 was €22 Mil. It means Avient's inventory declined by €22 Mil from Dec. 2022 to Dec. 2023 .

Avient's Total Inventories for the quarter that ended in Mar. 2024 was €326 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avient's Days Inventory for the quarter that ended in Mar. 2024 was 57.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avient's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.57.

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. Avient's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Avient Change In Inventory Historical Data

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

Avient Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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36.18

33.04

-124.79

13.22

22.28

Avient 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															3.55	9.42	2.34	7.15	-11.32

Avient 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 €8 Mil.

Avient (FRA:PY9) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	321.9395	/	506.736	*	365 / 4
	=	57.97

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	506.736	/	321.9395
	=	1.57

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	321.9395	/	762.68
	=	0.42

Avient Change In Inventory Related Terms

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Avient (FRA:PY9) Business Description

Industry

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AVNT:USA

Address

33587 Walker Road, Avon Lake, OH, USA, 44012

Website

https://www.avient.com

Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in three segments: Specialty Engineered Materials; Distribution; and Color, Additives, & Ink. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.

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