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Salzgitter AG (Salzgitter AG) Change In Inventory : $181 Mil (TTM As of Mar. 2024)


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What is Salzgitter AG Change In Inventory?

Salzgitter AG's change in inventory for the quarter that ended in Mar. 2024 was $19 Mil. It means Salzgitter AG's inventory declined by $19 Mil from Dec. 2023 to Mar. 2024 .

Salzgitter AG's change in inventory for the fiscal year that ended in Dec. 2023 was $483 Mil. It means Salzgitter AG's inventory declined by $483 Mil from Dec. 2022 to Dec. 2023 .

Salzgitter AG's Total Inventories for the quarter that ended in Mar. 2024 was $3,103 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Salzgitter AG's Days Inventory for the quarter that ended in Mar. 2024 was 141.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salzgitter AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.64.

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. Salzgitter AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.06.


Salzgitter AG Change In Inventory Historical Data

The historical data trend for Salzgitter AG'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.

Salzgitter AG Change In Inventory Chart

Salzgitter AG 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 93.33 366.79 -1,325.65 -373.73 483.32

Salzgitter AG 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 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 312.85 29.58 104.80 27.81 19.24

Salzgitter AG 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 $181 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.


Salzgitter AG  (OTCPK:SZGPY) Change In Inventory Explanation

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

Salzgitter AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3099.8855/1998.804*365 / 4
=141.52

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

Salzgitter AG's Inventory Turnover for the quarter that ended in Mar. 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.

Salzgitter AG'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.


Salzgitter AG Change In Inventory Related Terms

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Salzgitter AG (Salzgitter AG) Business Description

Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

Salzgitter AG (Salzgitter AG) Headlines

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