Forterra (Forterra) Change In Inventory : $-66.7 Mil (TTM As of Dec. 2023)

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What is Forterra Change In Inventory?

Forterra's change in inventory for the quarter that ended in Dec. 2023 was $-29.4 Mil. It means Forterra's inventory increased by $29.4 Mil from Jun. 2023 to Dec. 2023 .

Forterra's change in inventory for the fiscal year that ended in Dec. 2023 was $-66.8 Mil. It means Forterra's inventory increased by $66.8 Mil from Dec. 2022 to Dec. 2023 .

Forterra's Total Inventories for the quarter that ended in Dec. 2023 was $121.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forterra's Days Inventory for the quarter that ended in Dec. 2023 was 125.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forterra's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.46.

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. Forterra's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.

Forterra Change In Inventory Historical Data

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

Forterra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.63

19.89

0.27

-12.42

-66.84

Forterra Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															2.93	-4.31	-8.16	-37.37	-29.37

Forterra 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-66.7 Mil.

Forterra (OTCPK:FTTRF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	106.4665	/	155.19	*	365 / 2
	=	125.20

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

Forterra's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.19	/	106.4665
	=	1.46

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.

Forterra's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	106.4665	/	206.582
	=	0.52

Forterra Change In Inventory Related Terms

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Forterra (Forterra) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Forterra PLC (OTCPK:FTTRF) » Definitions » Change In Inventory

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FORTl:UK FORT:UK F0T:Germany

Address

5 Grange Park Court, Roman Way, Northampton, GBR, NN4 5EA

Website

https://www.forterra.co.uk

Forterra PLC operates in the construction industry. The company, with its subsidiaries, manufactures and sale of bricks, dense and lightweight blocks, precast concrete, concrete block paving, and other complementary building products. The company operates in three segments based on its products: Bricks, Blocks, and Bespoke Products. The bricks and block together account for majority of its revenue. The Bespoke Products range comprises precast concrete, concrete block paving, chimney, and roofing solutions.

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