Ingredion's change in inventory for the quarter that ended in Mar. 2024 was $104 Mil. It means Ingredion's inventory
declined by $104 Mil
from Dec. 2023 to Mar. 2024 .
Ingredion's change in inventory for the fiscal year that ended in Dec. 2023 was $69 Mil. It means Ingredion's inventory
declined by $69 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ingredion's Days Inventory for the quarter that ended in Mar. 2024 was 87.01.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ingredion's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.05.
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.
Ingredion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.
Ingredion Change In Inventory Historical Data
The historical data trend for Ingredion'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.
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 $260 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.
Ingredion (NYSE:INGR) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ingredion's Days Inventory for the quarter that ended in 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.
Ingredion's Inventory to Revenue for the quarter that ended in Mar. 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.
Ingredion Change In Inventory Related Terms
Thank you for viewing the detailed overview of Ingredion's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
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