MTUS (Metallus) Inventory Turnover : 1.05 (As of Dec. 2024)

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What is Metallus 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. Metallus's Cost of Goods Sold for the three months ended in Dec. 2024 was $230 Mil. Metallus's Average Total Inventories for the quarter that ended in Dec. 2024 was $219 Mil. Metallus's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metallus's Days Inventory for the three months ended in Dec. 2024 was 87.00.

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. Metallus's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.91.

Metallus Inventory Turnover Historical Data

The historical data trend for Metallus'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.

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Metallus Inventory Turnover Chart

Metallus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.54

5.46

5.97

5.59

4.41

Metallus Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															1.19	1.16	1.23	1.02	1.05

Metallus Inventory Turnover Calculation

Metallus'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 )
=	986.3	/ (	(228	+	219.8)	/	2 )
=	986.3	/	223.9
=	4.41

Metallus'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 )
=	229.6	/ (	(218	+	219.8)	/	2 )
=	229.6	/	218.9
=	1.05

Metallus (NYSE:MTUS) 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.

Metallus'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
	=	218.9	/	229.6	*	365 / 4
	=	87.00

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.

Metallus'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 )
	=	218.9	/	240.5
	=	0.91

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.

Metallus Inventory Turnover Related Terms

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Metallus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metallus Inc (NYSE:MTUS) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ZS2:Germany

Address

1835 Dueber Avenue South West, Canton, OH, USA, 44706

Website

https://www.metallus.com

Metallus Inc is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. The portfolio of the company includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture and power generation. Geographically, the company mainly serves customers in the United States.

Executives

Kevin A Raketich	officer: EVP, Sales, Mktg. & Bus. Dev.	1835 DUEBER AVE. SW, CANTON OH 44706
Kristopher R Westbrooks	officer: EVP, Chief Financial Officer	3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Kristine C Syrvalin	officer: EVP General Counsel	1835 DUEBER AVE. SW, CANTON OH 44706
Michael S Williams	director, officer: President & CEO	1835 DUEBER AVE. SW, CANTON OH 44706
Nicholas A Yacobozzi	officer: Corporate Controller	1835 DUEBER AVE SW, GNE-15, CANTON OH 44706
Jamy P. Rankin	director	C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Mary Ellen Baker	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Nicholas J. Chirekos	director	C/O ASSISTANT CORPORATE SECRETARY, PEABODY ENERGY CORP., 701 MARKET ST., ST. LOUIS MO 63101
Ken V Garcia	director	1835 DUEBER AVE. SW, CANTON OH 44706
Ellis Allen Jones	director	1835 DUEBER AVE. SW, CANTON OH 44706
William P Bryan	officer: EVP, Mfg and Supply Chain	1835 DUEBER AVENUE, S.W., CANTON OH 44706
Thomas D Moline	officer: EVP, Commercial Operations	1835 DUEBER AVENUE, S.W., CANTON OH 44706
Leila L Vespoli	director	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
Marvin Riley	director	5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Timken Ward J Jr	director, officer: President, CEO, Chairman	200 MARKET AVE N STE 210, CANTON OH 44702