Pactiv Evergreen (Pactiv Evergreen) Change In Inventory : $55 Mil (TTM As of Mar. 2024)

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What is Pactiv Evergreen Change In Inventory?

Pactiv Evergreen's change in inventory for the quarter that ended in Mar. 2024 was $-60 Mil. It means Pactiv Evergreen's inventory increased by $60 Mil from Dec. 2023 to Mar. 2024 .

Pactiv Evergreen's change in inventory for the fiscal year that ended in Dec. 2023 was $176 Mil. It means Pactiv Evergreen's inventory declined by $176 Mil from Dec. 2022 to Dec. 2023 .

Pactiv Evergreen's Total Inventories for the quarter that ended in Mar. 2024 was $911 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pactiv Evergreen's Days Inventory for the quarter that ended in Mar. 2024 was 78.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pactiv Evergreen's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.17.

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. Pactiv Evergreen's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.

Pactiv Evergreen Change In Inventory Historical Data

The historical data trend for Pactiv Evergreen'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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Pactiv Evergreen Change In Inventory Chart

Pactiv Evergreen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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19.00

-64.00

-8.00

-246.00

176.00

Pactiv Evergreen 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															61.00	47.00	75.00	-7.00	-60.00

Pactiv Evergreen 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 $55 Mil.

Pactiv Evergreen (NAS:PTVE) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	881.5	/	1031	*	365 / 4
	=	78.02

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1031	/	881.5
	=	1.17

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	881.5	/	1252
	=	0.70

Pactiv Evergreen Change In Inventory Related Terms

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Pactiv Evergreen (Pactiv Evergreen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (NAS:PTVE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PEG:Germany PEG:Germany

Address

1900 West Field Court, Lake Forest, IL, USA, 60045

Website

https://www.pactivevergreen.com

Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.

Executives

Allen Hugli	director	C/O RANK GROUP, LEVEL II, 148 QUAY ST, AUCKLAND Q2 00000
Duncan Hawkesby	director	C/O PACTIV EVERGREEN INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Tim A. Levenda	officer: President, Foodservice	1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan Baksht	officer: Chief Financial Officer	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Eric Wulf	officer: President, Food Merchandising	1900 W. FIELD COURT, LAKE FOREST IL 60045
Chandra J Mitchell	officer: Chief Legal Officer & Sec.	C/O 7 ACQUISITION CORPORATION, 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Douglas Owenby	officer: Chief Operations Officer	C/O PACTIV EVERGREEN INC, 1900 W FIELD COURT, LAKE FOREST IL 60045
Byron Jason Racki	officer: Pres., Beverage Merchandising	3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Michael Jack King	director	1900 W. FIELD COURT, LAKE FOREST IL 60045
Rolf Stangl	director	1900 W. FIELD COURT, LAKE FOREST IL 60045
John P. Rooney	officer: Pres, Beverage Merchandising	1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael Ragen	officer: COO and CFO	1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan D Rich	director	1144 EAST MARKET STREET, AKRON OH 44316-0001
John T. Mcgrath	director, officer: Chief Executive Officer	1900 W. FIELD COURT, LAKE FOREST IL 60045
Felicia D Thornton	director	250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726