NVL (Novelis) Inventories, Raw Materials & Components: $741.00 Mil (As of Mar. 2024)


What is Novelis Inventories, Raw Materials & Components?

Novelis NVL Inventories, Raw Materials & Components is $741.00 Mil as of Mar. 2024.

Novelis's inventories, raw materials & components for the quarter that ended in Mar. 2024 was $741.00 Mil.

Novelis's quarterly raw materials declined from Sep. 2023 ($842.00 Mil) to Dec. 2023 ($792.00 Mil) and declined from Dec. 2023 ($792.00 Mil) to Mar. 2024 ($741.00 Mil).

Novelis's annual raw materials increased from Mar. 2015 ($542.00 Mil) to Mar. 2023 ($783.00 Mil) but then declined from Mar. 2023 ($783.00 Mil) to Mar. 2024 ($741.00 Mil).

Novelis Inventories, Raw Materials & Components Historical Data

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The historical data trend for Novelis's Inventories, Raw Materials & Components 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, Raw Materials & Components Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Inventories, Raw Materials & Components
Get a 7-Day Free Trial Premium Member Only Premium Member Only 421.00 508.00 542.00 783.00 741.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Inventories, Raw Materials & Components 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 783.00 940.00 842.00 792.00 741.00

Novelis Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

What does a Inventories, Raw Materials & Components of $741.00 Mil mean?
Novelis (NVL) has a Inventories, Raw Materials & Components of $741.00 Mil as of Mar. 2024. Raw materials are the components a company uses for its main products. View historical data on Novelis and its competitors.
Is Novelis' Inventories, Raw Materials & Components too high?
Novelis' current Inventories, Raw Materials & Components is $741.00 Mil.
How does Novelis' Inventories, Raw Materials & Components compare to ?
Novelis' Inventories, Raw Materials & Components of $741.00 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, Raw Materials & Components for a Metals & Mining company?
A good Inventories, Raw Materials & Components depends on the Metals & Mining industry context. However, Inventories, Raw Materials & Components 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, Raw Materials & Components mean?
A high Inventories, Raw Materials & Components can signal that a stock is expensive relative to its fundamentals. Raw materials are the components a company uses for its main products. View historical data on Novelis and its competitors. Novelis's current Inventories, Raw Materials & Components is $741.00 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, Raw Materials & Components of $741.00 Mil. The current Inventories, Raw Materials & Components is $741.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Raw Materials & Components calculated?
Inventories, Raw Materials & Components is calculated from a company's financial statements. For Novelis (NVL), the current Inventories, Raw Materials & Components is $741.00 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

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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.