Sonoco Products Co's change in inventory for the quarter that ended in Dec. 2023 was $65 Mil. It means Sonoco Products Co's inventory
declined by $65 Mil
from Sep. 2023 to Dec. 2023 .
Sonoco Products Co's change in inventory for the fiscal year that ended in Dec. 2023 was $343 Mil. It means Sonoco Products Co's inventory
declined by $343 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sonoco Products Co's Days Inventory for the quarter that ended in Dec. 2023 was 56.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sonoco Products Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.62.
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.
Sonoco Products Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.
Sonoco Products Co Change In Inventory Historical Data
The historical data trend for Sonoco Products Co'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.
Sonoco Products Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $343 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.
Sonoco Products Co (NYSE:SON) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sonoco Products Co's Days Inventory for the quarter that ended in 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.
Sonoco Products Co's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
Sonoco Products Co Change In Inventory Related Terms
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Sonoco Products Co (Sonoco Products Co) Business Description
Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.
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