Atkore's change in inventory for the quarter that ended in Dec. 2023 was $2 Mil. It means Atkore's inventory
declined by $2 Mil
from Sep. 2023 to Dec. 2023 .
Atkore's change in inventory for the fiscal year that ended in Sep. 2023 was $-42 Mil. It means Atkore's inventory
increased by $42 Mil
from Sep. 2022 to Sep. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Atkore's Days Inventory for the quarter that ended in Dec. 2023 was 88.70.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Atkore's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.03.
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.
Atkore's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.
Atkore Change In Inventory Historical Data
The historical data trend for Atkore'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.
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-52 Mil.
* 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.
Atkore (NYSE:ATKR) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Atkore's Days Inventory for the quarter that ended in is calculated as:
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.
Atkore's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Atkore Change In Inventory Related Terms
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Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
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