Kaiser Aluminum (STU:KLU1) Change In Inventory : €60 Mil (TTM As of Mar. 2024)

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What is Kaiser Aluminum Change In Inventory?

Kaiser Aluminum's change in inventory for the quarter that ended in Mar. 2024 was €4 Mil. It means Kaiser Aluminum's inventory declined by €4 Mil from Dec. 2023 to Mar. 2024 .

Kaiser Aluminum's change in inventory for the fiscal year that ended in Dec. 2023 was €44 Mil. It means Kaiser Aluminum's inventory declined by €44 Mil from Dec. 2022 to Dec. 2023 .

Kaiser Aluminum's Total Inventories for the quarter that ended in Mar. 2024 was €434 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaiser Aluminum's Days Inventory for the quarter that ended in Mar. 2024 was 67.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaiser Aluminum's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.36.

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. Kaiser Aluminum's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Kaiser Aluminum Change In Inventory Historical Data

The historical data trend for Kaiser Aluminum'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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Kaiser Aluminum Change In Inventory Chart

Kaiser Aluminum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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33.75

21.04

-38.50

-114.04

44.20

Kaiser Aluminum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-11.49	36.74	8.71	10.45	4.05

Kaiser Aluminum 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €60 Mil.

Kaiser Aluminum (STU:KLU1) Change In Inventory Explanation

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

Kaiser Aluminum's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	435.594	/	591.468	*	365 / 4
	=	67.20

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

Kaiser Aluminum's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	591.468	/	435.594
	=	1.36

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.

Kaiser Aluminum's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	435.594	/	678.5
	=	0.64

Kaiser Aluminum Change In Inventory Related Terms

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Kaiser Aluminum (STU:KLU1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (STU:KLU1) » Definitions » Change In Inventory

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KALU:USA KLU1:Germany

Address

1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067

Website

https://www.kaiseraluminum.com

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

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