Astec Industries (STU:AI2) Change In Inventory : €-61 Mil (TTM As of Mar. 2024)

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What is Astec Industries Change In Inventory?

Astec Industries's change in inventory for the quarter that ended in Mar. 2024 was €-28 Mil. It means Astec Industries's inventory increased by €28 Mil from Dec. 2023 to Mar. 2024 .

Astec Industries's change in inventory for the fiscal year that ended in Dec. 2023 was €-58 Mil. It means Astec Industries's inventory increased by €58 Mil from Dec. 2022 to Dec. 2023 .

Astec Industries's Total Inventories for the quarter that ended in Mar. 2024 was €445 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Astec Industries's Days Inventory for the quarter that ended in Mar. 2024 was 184.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Astec Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

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. Astec Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.52.

Astec Industries Change In Inventory Historical Data

The historical data trend for Astec Industries'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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Astec Industries Change In Inventory Chart

Astec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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55.17

37.73

-45.58

-91.00

-57.77

Astec Industries 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															-25.41	-9.23	-21.08	-3.03	-28.15

Astec Industries 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 €-61 Mil.

Astec Industries (STU:AI2) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	431.5325	/	213.716	*	365 / 4
	=	184.25

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	213.716	/	431.5325
	=	0.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	431.5325	/	284.464
	=	1.52

Astec Industries Change In Inventory Related Terms

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Astec Industries (STU:AI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Astec Industries Inc (STU:AI2) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ASTE:USA AI2:Germany

Address

1725 Shepherd Road, Chattanooga, TN, USA, 37421

Website

https://www.astecindustries.com

Astec Industries Inc designs and manufactures equipment and components used primarily in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.

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