SPX Technologies (SPX Technologies) Change In Inventory : $6 Mil (TTM As of Mar. 2024)

View and export this data going back to 1985. Start your Free Trial

What is SPX Technologies Change In Inventory?

SPX Technologies's change in inventory for the quarter that ended in Mar. 2024 was $-12 Mil. It means SPX Technologies's inventory increased by $12 Mil from Dec. 2023 to Mar. 2024 .

SPX Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-3 Mil. It means SPX Technologies's inventory increased by $3 Mil from Dec. 2022 to Dec. 2023 .

SPX Technologies's Total Inventories for the quarter that ended in Mar. 2024 was $295 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPX Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 92.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. SPX Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.

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. SPX Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.61.

SPX Technologies Change In Inventory Historical Data

The historical data trend for SPX Technologies'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.

* Premium members only.

SPX Technologies Change In Inventory Chart

SPX Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-8.80

-21.00

-53.40

-3.10

SPX Technologies 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															-21.20	-5.80	5.40	18.50	-12.00

SPX Technologies 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 $6 Mil.

SPX Technologies (NYSE:SPXC) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	285.9	/	282.3	*	365 / 4
	=	92.41

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	282.3	/	285.9
	=	0.99

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	285.9	/	465.2
	=	0.61

SPX Technologies Change In Inventory Related Terms

Thank you for viewing the detailed overview of SPX Technologies's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SPX Technologies (SPX Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SPX Technologies Inc (NYSE:SPXC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SPW0:Germany

Address

6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277

Website

https://www.spx.com

SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.

Executives

Natausha Heleena White	officer: VP and CHRO	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
J Randall Data	officer: Pres. - S. Africa & Global Op.	13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277
Wayne M. Mclaren	officer: Chief Accounting Officer	C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
John Webster Nurkin	officer: VP, Gen. Counsel & Secretary	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Mark A Carano	officer: VP, CFO & Treasurer	13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Sean Mcclenaghan	officer: PRESIDENT, GLOBAL COOLING	SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Swann John William Iii	officer: Pres., Heating and Location &	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Andrew Reilly	officer: Corp. Controller and CAO	2007 CHANNELSTONE WAY, MATTHEWS NC 28104
Lowe Eugene Joseph Iii	director, officer: President and CEO	13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
James E Harris	officer: VP, CFO and Treasurer	C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Ankush Kumar	officer: President, SPX Global Cooling	C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
Brian G. Mason	officer: Pres. - SPX Transformer Sol.	C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Angel S Willis	director	C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Scott William Sproule	officer: VP, CFO and Treasurer	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Meenal Sethna	director	8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631