GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Mettler-Toledo International Inc (MEX:MTD) » Definitions » Change In Inventory

Mettler-Toledo International (MEX:MTD) Change In Inventory : MXN374 Mil (TTM As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Mettler-Toledo International Change In Inventory?

Mettler-Toledo International's change in inventory for the quarter that ended in Sep. 2024 was MXN113 Mil. It means Mettler-Toledo International's inventory declined by MXN113 Mil from Jun. 2024 to Sep. 2024 .

Mettler-Toledo International's change in inventory for the fiscal year that ended in Dec. 2023 was MXN1,206 Mil. It means Mettler-Toledo International's inventory declined by MXN1,206 Mil from Dec. 2022 to Dec. 2023 .

Mettler-Toledo International's Total Inventories for the quarter that ended in Sep. 2024 was MXN7,400 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mettler-Toledo International's Days Inventory for the quarter that ended in Sep. 2024 was 85.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mettler-Toledo International's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.07.

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. Mettler-Toledo International's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.


Mettler-Toledo International Change In Inventory Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Change In Inventory Chart

Mettler-Toledo International 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 -86.81 -76.31 -2,435.38 -845.97 1,205.53

Mettler-Toledo International 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 203.16 197.11 -65.62 128.92 113.24

Mettler-Toledo International 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 MXN374 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.


Mettler-Toledo International  (MEX:MTD) Change In Inventory Explanation

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

Mettler-Toledo International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7056.1325/7523.034*365 / 4
=85.59

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

Mettler-Toledo International'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.

Mettler-Toledo International's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7056.1325 / 18795.081
=0.38

* 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.


Mettler-Toledo International Change In Inventory Related Terms

Thank you for viewing the detailed overview of Mettler-Toledo International's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Mettler-Toledo International Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences (around 55% of sales), industrial (around 39%), and food retail (around 6%) industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with the Americas accounting for about 37% of sales, Europe about 26%, China about 19% and the rest of the world about 18%.