MPX (Marine Products) Change In Inventory : $17.2 Mil (TTM As of Sep. 2024)

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What is Marine Products Change In Inventory?

Marine Products's change in inventory for the quarter that ended in Sep. 2024 was $0.5 Mil. It means Marine Products's inventory declined by $0.5 Mil from Jun. 2024 to Sep. 2024 .

Marine Products's change in inventory for the fiscal year that ended in Dec. 2023 was $11.4 Mil. It means Marine Products's inventory declined by $11.4 Mil from Dec. 2022 to Dec. 2023 .

Marine Products's Total Inventories for the quarter that ended in Sep. 2024 was $52.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marine Products's Days Inventory for the quarter that ended in Sep. 2024 was 118.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marine Products's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.

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. Marine Products's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.06.

Marine Products Change In Inventory Historical Data

The historical data trend for Marine Products'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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Marine Products Change In Inventory Chart

Marine Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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5.22

-0.76

-30.95

0.25

11.40

Marine Products 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															-8.29	8.17	6.40	2.13	0.48

Marine Products 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 $17.2 Mil.

Marine Products (NYSE:MPX) Change In Inventory Explanation

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

Marine Products's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	52.8395	/	40.668	*	365 / 4
	=	118.56

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

Marine Products's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.668	/	52.8395
	=	0.77

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.

Marine Products's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.8395	/	49.85
	=	1.06

Marine Products Change In Inventory Related Terms

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Marine Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Marine Products Corp (NYSE:MPX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2801 Buford Highway NorthEast, Suite 300, Atlanta, GA, USA, 30329

Website

https://www.marineproductscorp.com

Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. The company's only operating segment is Powerboat Manufacturing Business. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational markets through its Chaparral brand and to the sportfishing market through its Robalo brand.

Executives

Gary W. Rollins Voting Trust U/a Dated September 14, 1994	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler	director	2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Lor Inc	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit	officer: CFO and Corporate Secretary	3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson	director	2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Ben M Palmer	officer: VP, CFO and Treasurer	C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Susan R. Bell	director	852 CASTLE FALLS DR., ATLANTA GA 30329
Patrick J. Gunning	director	1958 CALDER COURT, DUNWOODY GA 30338
Harry J Cynkus	director	2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix	director	2999 WILDWOOD PARKWAY, ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rollins Holding Company, Inc.	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rft Investment Company, Llc	10 percent owner	C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rctlor, Llc	10 percent owner	C/O RFA MANAGEMENT COMPANY, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329