Stelco Holdings (TSX:STLC) Change In Inventory : C$-43 Mil (TTM As of Dec. 2023)

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What is Stelco Holdings Change In Inventory?

Stelco Holdings's change in inventory for the quarter that ended in Dec. 2023 was C$-8 Mil. It means Stelco Holdings's inventory increased by C$8 Mil from Sep. 2023 to Dec. 2023 .

Stelco Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was C$-43 Mil. It means Stelco Holdings's inventory increased by C$43 Mil from Dec. 2022 to Dec. 2023 .

Stelco Holdings's Total Inventories for the quarter that ended in Dec. 2023 was C$832 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stelco Holdings's Days Inventory for the quarter that ended in Dec. 2023 was 128.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stelco Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.71.

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. Stelco Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.35.

Stelco Holdings Change In Inventory Historical Data

The historical data trend for Stelco Holdings'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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Stelco Holdings Change In Inventory Chart

Stelco Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-26.00

-108.00

-172.00

-43.00

Stelco Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-89.00	190.00	-115.00	-110.00	-8.00

Stelco Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-43 Mil.

Stelco Holdings (TSX:STLC) Change In Inventory Explanation

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

Stelco Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	828	/	586	*	365 / 4
	=	128.93

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

Stelco Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	586	/	828
	=	0.71

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.

Stelco Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	828	/	613
	=	1.35

Stelco Holdings Change In Inventory Related Terms

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Stelco Holdings (TSX:STLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stelco Holdings Inc (TSX:STLC) » Definitions » Change In Inventory

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STZHF:USA S0K:Germany

Address

386 Wilcox Street, Hamilton, ON, CAN, L8L 8K5

Website

https://www.stelco.com

Stelco Holdings Inc is a steel company. It is engaged in the production and selling of steel products for customers in the steel service center, appliance, automotive, energy, construction, pipe and tube industries in North America. The company's product offering includes Stelco Hot Roll Products, Hot Roll Automotive, Stelmax 80, Stelmax 90, Stelmax 100.

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