Iochpe-Maxion (Iochpe-Maxion) Inventories, Inventories Adjustments : $-25 Mil (As of Dec. 2023)

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What is Iochpe-Maxion Inventories, Inventories Adjustments?

Iochpe-Maxion's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was $-25 Mil.

Iochpe-Maxion's quarterly Inventories, Inventories Adjustments increased from Jun. 2023 ($-27 Mil) to Sep. 2023 ($-26 Mil) and increased from Sep. 2023 ($-26 Mil) to Dec. 2023 ($-25 Mil).

Iochpe-Maxion's annual Inventories, Inventories Adjustments declined from Dec. 2021 ($-27 Mil) to Dec. 2022 ($-32 Mil) but then increased from Dec. 2022 ($-32 Mil) to Dec. 2023 ($-25 Mil).

Iochpe-Maxion Inventories, Inventories Adjustments Historical Data

The historical data trend for Iochpe-Maxion's Inventories, Inventories Adjustments 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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Iochpe-Maxion Inventories, Inventories Adjustments Chart

Iochpe-Maxion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventories, Inventories Adjustments

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-16.47

-21.66

-27.01

-31.71

-25.44

Iochpe-Maxion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventories, Inventories Adjustments	Get a 7-Day Free Trial															-31.71	-27.64	-27.27	-26.40	-25.44

Iochpe-Maxion Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Iochpe-Maxion (Iochpe-Maxion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Iochpe-Maxion SA (OTCPK:IOCJY) » Definitions » Inventories, Inventories Adjustments

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MYPK3:Brazil

Address

Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA

Website

https://www.iochpe-maxion.com.br

Iochpe-Maxion SA is a Brazilian company involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The company is a world leader in the production of automotive wheels. It has nearly 30 manufacturing facilities located globally and has customers worldwide and operates through three divisions; Maxion Wheels, Maxion Structural Components, and Amsted-Maxion. Maxion Wheels produces and markets a wide range of steel wheels, Maxion Structural Components, we produce struts, sleepers, and chassis assembled for light vehicles and Amsted-Maxion produces freight wagons, railway wheels and castings.