Andersons (STU:AKG) Change In Inventory : €521 Mil (TTM As of Mar. 2024)

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What is Andersons Change In Inventory?

Andersons's change in inventory for the quarter that ended in Mar. 2024 was €156 Mil. It means Andersons's inventory declined by €156 Mil from Dec. 2023 to Mar. 2024 .

Andersons's change in inventory for the fiscal year that ended in Dec. 2023 was €525 Mil. It means Andersons's inventory declined by €525 Mil from Dec. 2022 to Dec. 2023 .

Andersons's Total Inventories for the quarter that ended in Mar. 2024 was €915 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Andersons's Days Inventory for the quarter that ended in Mar. 2024 was 38.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Andersons's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.40.

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. Andersons's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Andersons Change In Inventory Historical Data

The historical data trend for Andersons'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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Andersons Change In Inventory Chart

Andersons Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-1.42

-114.67

-467.35

53.68

524.74

Andersons 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															166.26	513.97	12.43	-161.29	155.56

Andersons 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 €521 Mil.

Andersons (STU:AKG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	992.422	/	2382.706	*	365 / 4
	=	38.01

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2382.706	/	992.422
	=	2.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	992.422	/	2500.76
	=	0.40

Andersons Change In Inventory Related Terms

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Andersons (STU:AKG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Andersons Inc (STU:AKG) » Definitions » Change In Inventory

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ANDE:USA AKG:Germany

Address

1947 Briarfield Boulevard, PO Box 119, Maumee, OH, USA, 43537

Website

https://www.andersonsinc.com

Andersons Inc is an agriculture company that conducts business in North America. Its operations are segmented into trade, ethanol, plant nutrient, and rail. The trade group operates grain elevators and generates income through buying and selling grains, fuel, and space leasing. The trade group contributes over half the company's revenue. The ethanol segment buys and sells corn oil and ethanol, offers facility operations, and invests in ethanol plants. The plant nutrient group manufactures, distributes, and sells fertilizer and plant nutrients. The company's rail segment leases, repairs, and sells railway facilities.

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