Nutrien (Nutrien) Change In Inventory : $416 Mil (TTM As of Dec. 2023)

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What is Nutrien Change In Inventory?

Nutrien's change in inventory for the quarter that ended in Dec. 2023 was $-1,990 Mil. It means Nutrien's inventory increased by $1,990 Mil from Sep. 2023 to Dec. 2023 .

Nutrien's change in inventory for the fiscal year that ended in Dec. 2023 was $1,376 Mil. It means Nutrien's inventory declined by $1,376 Mil from Dec. 2022 to Dec. 2023 .

Nutrien's Total Inventories for the quarter that ended in Dec. 2023 was $6,336 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nutrien's Days Inventory for the quarter that ended in Dec. 2023 was 134.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nutrien's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

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. Nutrien's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.02.

Nutrien Change In Inventory Historical Data

The historical data trend for Nutrien'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.

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Nutrien Change In Inventory Chart

Nutrien Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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190.00

85.00

-1,459.00

-1,281.00

1,376.00

Nutrien Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-937.00	-2,168.00	3,728.00	846.00	-1,990.00

Nutrien 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 $416 Mil.

Nutrien (NYSE:NTR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	5752.5	/	3896	*	365 / 4
	=	134.73

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

Nutrien's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3896	/	5752.5
	=	0.68

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.

Nutrien's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5752.5	/	5664
	=	1.02

Nutrien Change In Inventory Related Terms

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Nutrien (Nutrien) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nutrien Ltd (NYSE:NTR) » Definitions » Change In Inventory

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NTR:Mexico POC:Germany N7T:Germany NTR:Canada

Address

211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6

Website

https://www.nutrien.com

Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.