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Vale (VALE) Inventories, Inventories Adjustments : $-139 Mil (As of Dec. 2023)


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What is Vale Inventories, Inventories Adjustments?

Vale's Inventories, Inventories Adjustments for the quarter that ended in Dec. 2023 was $-139 Mil.

Vale's quarterly Inventories, Inventories Adjustments increased from Jun. 2023 ($-141 Mil) to Sep. 2023 ($-121 Mil) but then declined from Sep. 2023 ($-121 Mil) to Dec. 2023 ($-139 Mil).

Vale's annual Inventories, Inventories Adjustments declined from Dec. 2021 ($-95 Mil) to Dec. 2022 ($-105 Mil) and declined from Dec. 2022 ($-105 Mil) to Dec. 2023 ($-139 Mil).

Vale Inventories, Inventories Adjustments Historical Data

The historical data trend for Vale'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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Vale Inventories, Inventories Adjustments Chart

Vale Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -180.00 -95.00 -105.00 -139.00

Vale 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 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 -105.00 -90.00 -141.00 -121.00 -139.00

Vale 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.

Vale (VALE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (NYSE:VALE) » Definitions » Inventories, Inventories Adjustments
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Traded in Other Exchanges
VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina
Address
Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Website
https://www.vale.com
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.