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Magnera's change in inventory for the quarter that ended in Sep. 2024 was $2 Mil. It means Magnera's inventory declined by $2 Mil from Jun. 2024 to Sep. 2024 .
Magnera's change in inventory for the fiscal year that ended in Dec. 2023 was $10 Mil. It means Magnera's inventory declined by $10 Mil from Dec. 2022 to Dec. 2023 .
Magnera's Total Inventories for the quarter that ended in Sep. 2024 was $313 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magnera's Days Inventory for the quarter that ended in Sep. 2024 was 95.10.
Inventory Turnover measures how fast the company turns over its inventory within a year. Magnera's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.96.
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. Magnera's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.
The historical data trend for Magnera'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.
Magnera Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Inventory | Get a 7-Day Free Trial | -17.39 | 6.86 | -40.02 | -44.43 | 9.61 |
Magnera Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Change In Inventory | Get a 7-Day Free Trial | 2.80 | 8.46 | -5.08 | -7.22 | 1.83 |
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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2 Mil.
* 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.
Magnera (NYSE:MAGN) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Magnera's Days Inventory for the quarter that ended in is calculated as:
Days Inventory | = | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period |
= | 309.151 | / | 296.62 | * | 365 / 4 | |
= | 95.10 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Magnera's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 296.62 | / | 309.151 | |
= | 0.96 |
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.
Magnera's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 309.151 | / | 332.101 | |
= | 0.93 |
* 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.
Thank you for viewing the detailed overview of Magnera's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Carlson Capital L P | 10 percent owner | 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201 |
Black Diamond Offshore Ltd. | 10 percent owner | CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205 |
Boris Illetschko | officer: SVP, Chief Operating Officer | GRAFENAUWEG, 8, ZUG V8 6300 |
Kevin Michael Fogarty | director | 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381 |
David C Elder | officer: Corp Controller | 96 S. GEORGE STREET, SUITE 400, YORK PA 17401 |
Wolfgang Laures | officer: SVP, Global Supply Chain | 96 S. GEORGE ST., SUITE 520, YORK PA 17401 |
Delaware Domiciled Single Investor Limited Partnership - 101 | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Black Diamond Arbitrage Offshore Ltd. | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Asgard Investment Corp. Ii | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Double Black Diamond Offshore Ltd | 10 percent owner | CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, CAMANA BAY E9 KY-1205 |
Clint Duane Carlson | 10 percent owner | 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201 |
Darrel H. Hackett | director | 4350 CONGRESS STREET, SUITE 600, CHARLOTTE NC 28209 |
Thomas Fahnemann | director, officer: CEO | 5664 YARDARM CT., CAPE CORAL FL 33914 |
J Robert Hall | director | GLATFELTER, 96 SOUTH GEORGE ST STE 500, YORK PA 17401 |
Dante C Parrini | officer: Vice President | GLATFELTER, 96 SOUTH GEORGE ST, SUITE 520, YORK PA 17401 |
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