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MAGN (Magnera) Change In Inventory : $-2 Mil (TTM As of Sep. 2024)


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What is Magnera Change In Inventory?

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.


Magnera Change In Inventory Historical Data

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.

* Premium members only.

Magnera Change In Inventory Chart

Magnera Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.80 8.46 -5.08 -7.22 1.83

Magnera 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 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

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

* 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 Change In Inventory Related Terms

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Magnera Business Description

Traded in Other Exchanges
Address
9335 Harris Corners parkway, Suite 300, Charlotte, NC, USA, 28269
Magnera Corp formerly Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company's reportable segments are; Composite Fibers, Spunlace. and Airlaid Materials. The Airlaid Materials segment which is also its key revenue generating segment, is a supplier of cellulose-based airlaid nonwoven materials used to manufacture consumer products for end-user markets. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. Geographically, the company derives majority of its revenue from Americas and rest from Europe, Middle East, Africa and Asia Pacific markets.
Executives
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