NVL (Novelis) Inventories, Finished Goods: $616.00 Mil (As of Mar. 2024)

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What is Novelis Inventories, Finished Goods?

Novelis NVL Inventories, Finished Goods is $616.00 Mil as of Mar. 2024.

Novelis's quarterly finished goods declined from Sep. 2023 ($745.00 Mil) to Dec. 2023 ($661.00 Mil) and declined from Dec. 2023 ($661.00 Mil) to Mar. 2024 ($616.00 Mil).

Novelis's annual finished goods increased from Mar. 2015 ($358.00 Mil) to Mar. 2023 ($643.00 Mil) but then declined from Mar. 2023 ($643.00 Mil) to Mar. 2024 ($616.00 Mil).

Novelis Inventories, Finished Goods Historical Data

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The historical data trend for Novelis's Inventories, Finished Goods 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.

Novelis Inventories, Finished Goods Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 245.00 234.00 358.00 643.00 616.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Inventories, Finished Goods 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 643.00 729.00 745.00 661.00 616.00

Novelis Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of $616.00 Mil mean?
Novelis (NVL) has a Inventories, Finished Goods of $616.00 Mil as of Mar. 2024. Finished goods are inventory items that are complete and ready to be sold. View historical data on Novelis and its competitors.
Is Novelis' Inventories, Finished Goods too high?
Novelis' current Inventories, Finished Goods is $616.00 Mil.
How does Novelis' Inventories, Finished Goods compare to ?
Novelis' Inventories, Finished Goods of $616.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Metals & Mining company?
A good Inventories, Finished Goods depends on the Metals & Mining industry context. However, Inventories, Finished Goods 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 Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Novelis and its competitors. Novelis's current Inventories, Finished Goods is $616.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current Inventories, Finished Goods of $616.00 Mil. The current Inventories, Finished Goods is $616.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Novelis (NVL), the current Inventories, Finished Goods is $616.00 Mil as of Mar. 2024. 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.

Novelis Business Description

Comparable Companies
Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.