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Dow (DOW) Change In Inventory : $384 Mil (TTM As of Mar. 2024)


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What is Dow Change In Inventory?

Dow's change in inventory for the quarter that ended in Mar. 2024 was $-297 Mil. It means Dow's inventory increased by $297 Mil from Dec. 2023 to Mar. 2024 .

Dow's change in inventory for the fiscal year that ended in Dec. 2023 was $844 Mil. It means Dow's inventory declined by $844 Mil from Dec. 2022 to Dec. 2023 .

Dow's Total Inventories for the quarter that ended in Mar. 2024 was $6,373 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dow's Days Inventory for the quarter that ended in Mar. 2024 was 59.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dow's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

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. Dow's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.58.


Dow Change In Inventory Historical Data

The historical data trend for Dow'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.

Dow Change In Inventory Chart

Dow Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 668.00 515.00 -1,768.00 347.00 844.00

Dow 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.00 338.00 276.00 67.00 -297.00

Dow 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 $384 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.


Dow  (NYSE:DOW) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6224.5/9488*365 / 4
=59.86

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

Dow's Inventory Turnover for the quarter that ended in Mar. 2024 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.

Dow's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


Dow Change In Inventory Related Terms

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Dow (DOW) Business Description

Address
2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.
Executives
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jeffrey L. Tate officer: Chief Financial Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Lisa Bryant officer: Chief Human Resources Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Howard I Ungerleider officer: President and CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Jerri Devard director 120 E 87TH STREET, #P6A, NEW YORK NY 10128
Jacqueline C. Hinman director 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
James R Fitterling officer: Chief Executive Officer 2211 H.H. DOW WAY, MIDLAND MI 48674
Moreno Mejia Luis Alberto director C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
John Maurice Sampson officer: Senior Vice President C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Holicki officer: Senior Vice President 2211 H.H. DOW WAY, MIDLAND MI 48674
Banister Gaurdie E. Jr. director 2211 H.H. DOW WAY, MIDLAND MI 48674
Diego Donoso officer: President, Pkg & Spec Plastics 2211 H.H. DOW WAY, MIDLAND MI 48674
Jack Broodo officer: President, Feedstocks & Energy 2211 H.H. DOW WAY, MIDLAND MI 48640
Jane Palmieri officer: President, Ind Interm & Infras 2211 H.H. DOW WAY, MIDLAND MI 48674

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