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ATMU (Atmus Filtration Technologies) Inventory Turnover : 1.09 (As of Dec. 2024)


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What is Atmus Filtration Technologies Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Atmus Filtration Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was $300 Mil. Atmus Filtration Technologies's Average Total Inventories for the quarter that ended in Dec. 2024 was $274 Mil. Atmus Filtration Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atmus Filtration Technologies's Days Inventory for the three months ended in Dec. 2024 was 83.56.

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. Atmus Filtration Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.67.


Atmus Filtration Technologies Inventory Turnover Historical Data

The historical data trend for Atmus Filtration Technologies's Inventory Turnover 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.

Atmus Filtration Technologies Inventory Turnover Chart

Atmus Filtration Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
- 4.43 4.90 4.83 4.67

Atmus Filtration Technologies Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.24 1.12 1.04 1.09

Atmus Filtration Technologies Inventory Turnover Calculation

Atmus Filtration Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=1207.5 / ((250 + 266.6) / 2 )
=1207.5 / 258.3
=4.67

Atmus Filtration Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=299.6 / ((282.1 + 266.6) / 2 )
=299.6 / 274.35
=1.09

* 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.


Atmus Filtration Technologies  (NYSE:ATMU) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Atmus Filtration Technologies's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=274.35/299.6*365 / 4
=83.56

2. 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.

Atmus Filtration Technologies's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=274.35 / 406.7
=0.67

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Atmus Filtration Technologies Inventory Turnover Related Terms

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Atmus Filtration Technologies Business Description

Traded in Other Exchanges
N/A
Address
26 Century Boulevard, Nashville, TN, USA, 37214
Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. It designs and manufactures Developed filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. The company offers products for first-fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, fuel additives, and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.
Executives
Gretchen R Haggerty director
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Renee Swan officer: Chief People Officer 26 CENTURY BOULEVARD, ONE CENTURY PLACE, SUITE 500, NASHVILLE TN 37214
Cummins Inc 10 percent owner BOX 3005 MAIL CODE 60207, 500, COLUMBUS IN 47202-3005
Nathan R Stoner director 500 JACKSON STREET, COLUMBUS IN 47201
Jane A Leipold director C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Mark Andrew Smith director 500 JACKSON STREET, COLUMBUS IN 47201
Earl Newsome director 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Tony Satterthwaite director 1400 73RD AVENUE NE, MINNEAPOLIS MN 55432
Mark Osowick officer: Chief Human Resources Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Steph Disher director, officer: Chief Executive Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Toni Hickey officer: Chief Legal Officer 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Cristina Burrola director 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Charles Masters officer: VP, Engine Products 26 CENTURY BOULEVARD, NASHVILLE TN 37214
Roy Edwin Bennett director 26 CENTURY BOULEVARD, NASHVILLE TN 37214