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Kaiser Aluminum (Kaiser Aluminum) Change In Inventory : $65 Mil (TTM As of Mar. 2024)


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What is Kaiser Aluminum Change In Inventory?

Kaiser Aluminum's change in inventory for the quarter that ended in Mar. 2024 was $4 Mil. It means Kaiser Aluminum's inventory declined by $4 Mil from Dec. 2023 to Mar. 2024 .

Kaiser Aluminum's change in inventory for the fiscal year that ended in Dec. 2023 was $48 Mil. It means Kaiser Aluminum's inventory declined by $48 Mil from Dec. 2022 to Dec. 2023 .

Kaiser Aluminum's Total Inventories for the quarter that ended in Mar. 2024 was $471 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kaiser Aluminum's Days Inventory for the quarter that ended in Mar. 2024 was 67.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaiser Aluminum's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.36.

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. Kaiser Aluminum's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.

Kaiser Aluminum Change In Inventory Historical Data

The historical data trend for Kaiser Aluminum'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.

* Premium members only.

Kaiser Aluminum Change In Inventory Chart

Kaiser Aluminum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.50 25.60 -43.50 -120.80 48.20

Kaiser Aluminum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory 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 -12.30 39.80 9.30 11.40 4.40

Kaiser Aluminum 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $65 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.

Kaiser Aluminum  (NAS:KALU) Change In Inventory Explanation

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

Kaiser Aluminum's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=474.25/642.9*365 / 4
=67.31

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kaiser Aluminum's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=642.9 / 474.25
=1.36

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.

Kaiser Aluminum's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=474.25 / 737.5
=0.64

* 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.

Kaiser Aluminum Change In Inventory Related Terms

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Kaiser Aluminum (Kaiser Aluminum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (NAS:KALU) » Definitions » Change In Inventory
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Traded in Other Exchanges
KLU1:Germany KLU1:Germany
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Website
https://www.kaiseraluminum.com
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831