ZEK (Zekelman Industries) Change In Inventory: $0.00 Mil (TTM As of Jun. 2018)

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What is Zekelman Industries Change In Inventory?

Zekelman Industries ZEK Change In Inventory is $0.00 Mil as of Jun. 2018.

Zekelman Industries's change in inventory for the quarter that ended in Jun. 2018 was $0.00 Mil. It means Zekelman Industries's inventory stayed the same from Sep. 2017 to Jun. 2018 .

Zekelman Industries's change in inventory for the fiscal year that ended in Sep. 2017 was $-68.88 Mil. It means Zekelman Industries's inventory increased by $68.88 Mil from Sep. 2016 to Sep. 2017 .

Zekelman Industries's Total Inventories for the quarter that ended in Jun. 2018 was $449.04 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zekelman Industries's Days Inventory for the quarter that ended in Jun. 2018 was 63.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zekelman Industries's Inventory Turnover for the quarter that ended in Jun. 2018 was 1.44.

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. Zekelman Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.51.


Zekelman Industries  (NYSE:ZEK) Change In Inventory Explanation

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

Zekelman Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=395.821/571.359*365 / 4
=63.22

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

Zekelman Industries's Inventory Turnover for the quarter that ended in Jun. 2018 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.

Zekelman Industries's Inventory to Revenue for the quarter that ended in Jun. 2018 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.


Zekelman Industries Change In Inventory Related Terms


Zekelman Industries Change In Inventory Historical Data

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The historical data trend for Zekelman Industries'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.

Zekelman Industries Change In Inventory Chart

Zekelman Industries Annual Data
Trend Sep15 Sep16 Sep17
Change In Inventory
187.58 -24.43 -68.88

Zekelman Industries Quarterly Data
Sep15 Sep16 Jun17 Sep17 Jun18
Change In Inventory 0.00 0.00 0.00 0.00 0.00

Zekelman Industries 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
Zekelman Industries (ZEK) has a Change In Inventory of $0.00 Mil as of Jun. 2018. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Zekelman Industries and its competitors.
Is Zekelman Industries' Change In Inventory too high?
Zekelman Industries' current Change In Inventory is $0.00 Mil.
How does Zekelman Industries' Change In Inventory compare to ?
Zekelman Industries' Change In Inventory of $0.00 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Zekelman Industries and its competitors. Zekelman Industries's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zekelman Industries stock overvalued right now?
Zekelman Industries (ZEK) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Zekelman Industries (ZEK), the current Change In Inventory is $0.00 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zekelman Industries Business Description

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Address 227 West Monroe Street, Suite 2600, Chicago, IL, USA, 60606