Cleveland-Cliffs (LTS:0I0H) Change In Inventory : $185 Mil (TTM As of Mar. 2025)

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What is Cleveland-Cliffs Change In Inventory?

Cleveland-Cliffs's change in inventory for the quarter that ended in Mar. 2025 was $182 Mil. It means Cleveland-Cliffs's inventory declined by $182 Mil from Dec. 2024 to Mar. 2025 .

Cleveland-Cliffs's change in inventory for the fiscal year that ended in Dec. 2024 was $-5 Mil. It means Cleveland-Cliffs's inventory increased by $5 Mil from Dec. 2023 to Dec. 2024 .

Cleveland-Cliffs's Total Inventories for the quarter that ended in Mar. 2025 was $4,886 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cleveland-Cliffs's Days Inventory for the quarter that ended in Mar. 2025 was 90.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cleveland-Cliffs's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.01.

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. Cleveland-Cliffs's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.08.

Cleveland-Cliffs Change In Inventory Historical Data

The historical data trend for Cleveland-Cliffs'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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Cleveland-Cliffs Change In Inventory Chart

Cleveland-Cliffs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-146.00

-1,370.00

64.00

670.00

-5.00

Cleveland-Cliffs Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-8.00	235.00	-37.00	-195.00	182.00

Cleveland-Cliffs 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $185 Mil.

Cleveland-Cliffs (LTS:0I0H) Change In Inventory Explanation

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

Cleveland-Cliffs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4990	/	5020	*	365 / 4
	=	90.70

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

Cleveland-Cliffs's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5020	/	4990
	=	1.01

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.

Cleveland-Cliffs's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4990	/	4629
	=	1.08

Cleveland-Cliffs Change In Inventory Related Terms

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Cleveland-Cliffs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cleveland-Cliffs Inc (LTS:0I0H) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315

Website

https://www.clevelandcliffs.com

Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.

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