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MGRC (McGrath RentCorp) Change In Inventory : $7.4 Mil (TTM As of Mar. 2025)


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What is McGrath RentCorp Change In Inventory?

McGrath RentCorp's change in inventory for the quarter that ended in Mar. 2025 was $-2.8 Mil. It means McGrath RentCorp's inventory increased by $2.8 Mil from Dec. 2024 to Mar. 2025 .

McGrath RentCorp's change in inventory for the fiscal year that ended in Dec. 2024 was $1.1 Mil. It means McGrath RentCorp's inventory declined by $1.1 Mil from Dec. 2023 to Dec. 2024 .

McGrath RentCorp's Total Inventories for the quarter that ended in Mar. 2025 was $17.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. McGrath RentCorp's Days Inventory for the quarter that ended in Mar. 2025 was 14.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. McGrath RentCorp's Inventory Turnover for the quarter that ended in Mar. 2025 was 6.30.

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. McGrath RentCorp's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.08.


McGrath RentCorp Change In Inventory Historical Data

The historical data trend for McGrath RentCorp'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.

McGrath RentCorp Change In Inventory Chart

McGrath RentCorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -6.06 -0.78 1.12

McGrath RentCorp 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 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 -9.12 -3.67 5.93 7.98 -2.81

McGrath RentCorp 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 $7.4 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.


McGrath RentCorp  (NAS:MGRC) Change In Inventory Explanation

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

McGrath RentCorp's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=15.709/98.98*365 / 4
=14.48

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

McGrath RentCorp's Inventory Turnover for the quarter that ended in Mar. 2025 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.

McGrath RentCorp's Inventory to Revenue for the quarter that ended in Mar. 2025 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.


McGrath RentCorp Change In Inventory Related Terms

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McGrath RentCorp Business Description

Traded in Other Exchanges
N/A
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a rental company. It is comprised of four reportable business segments namely Modular building segment (Mobile Modular); Portable storage container segment (Portable Storage); Electronic test equipment segment (TRS-RenTelco); and its classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.
Executives
Kimberly Ann Box director 7157 TREELINE CT., GRANITE BAY CA 95746
Gilda Malek officer: VP, Legal General Counsel C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Joseph F Hanna director, officer: President & CEO
John P Skenesky officer: VP and Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Philip B Hawkins officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Tara Wescott officer: Vice President Human Resources C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Trease Kristina Van officer: VP & Division Manager 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
David M Whitney officer: VP, Controller, PAO 5700 LOS POSITAS ROAD, LIVERMORE CA 94551
William J Dawson director C/O CERUS CORPORATION, 2411 STANWELL DRIVE, CONCORD CA 94520
Keith E Pratt officer: Executive VP and CFO
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
John Lieffrig officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551
Dennis P Stradford director
Nicolas C Anderson director 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670
Stuart Templeton Porter officer: VP & Division Manager C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551