Ryerson Holding (Ryerson Holding) Change In Inventory : $-121 Mil (TTM As of Mar. 2024)

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What is Ryerson Holding Change In Inventory?

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

Ryerson Holding's change in inventory for the fiscal year that ended in Dec. 2023 was $29 Mil. It means Ryerson Holding's inventory declined by $29 Mil from Dec. 2022 to Dec. 2023 .

Ryerson Holding's Total Inventories for the quarter that ended in Mar. 2024 was $841 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ryerson Holding's Days Inventory for the quarter that ended in Mar. 2024 was 72.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ryerson Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.26.

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. Ryerson Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Ryerson Holding Change In Inventory Historical Data

The historical data trend for Ryerson Holding'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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Ryerson Holding Change In Inventory Chart

Ryerson Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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65.90

138.90

-227.90

39.90

28.80

Ryerson Holding 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															89.30	-41.30	53.10	-72.30	-60.00

Ryerson Holding 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 $-121 Mil.

Ryerson Holding (NYSE:RYI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	811.85	/	1021.6	*	365 / 4
	=	72.51

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1021.6	/	811.85
	=	1.26

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	811.85	/	1239.2
	=	0.66

Ryerson Holding Change In Inventory Related Terms

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Ryerson Holding (Ryerson Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ryerson Holding Corp (NYSE:RYI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

7RY:Germany

Address

227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606

Website

https://www.ryerson.com

Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.

Executives

Alagu Sundarrajan	officer: Chief Information Officer	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Edward J. Lehner	director, officer: President & CEO	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Mark S. Silver	officer: EVP, GC & Chief HR Officer	C/O RYERSON HOLDING CORPORATION, 227 W MONROE ST, 27TH FLOOR, CHICAGO IL 60606
Molly D Kannan	officer: CAO & Corporate Controller	227 W MONROE ST 27TH FLOOR, CHICAGO IL 60606
Kirk K Calhoun	director	8285 EL RIO STREET, SUITE 130, HOUSTON TX 77054
Carruthers Court D	director	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Stephen P. Larson	director	C/O RYERSON HOLDING CORPORATION, 227 WEST MONROE, 27TH FLOOR, CHICAGO IL 60606
Platinum Equity Llc	10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
James J Claussen	officer: Executive Vice President & CFO	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
John E Orth	officer: EVP, Operations	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Michael Burbach	officer: Chief Operating Officer	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Tom Gores	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Ryps, Llc	10 percent owner	360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Ii, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Ii, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210