GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Martin Marietta Materials Inc (BSP:M1LM34) » Definitions » Change In Inventory

Martin Marietta Materials (BSP:M1LM34) Change In Inventory : R$-947 Mil (TTM As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Martin Marietta Materials Change In Inventory?

Martin Marietta Materials's change in inventory for the quarter that ended in Mar. 2024 was R$-423 Mil. It means Martin Marietta Materials's inventory increased by R$423 Mil from Dec. 2023 to Mar. 2024 .

Martin Marietta Materials's change in inventory for the fiscal year that ended in Dec. 2023 was R$-925 Mil. It means Martin Marietta Materials's inventory increased by R$925 Mil from Dec. 2022 to Dec. 2023 .

Martin Marietta Materials's Total Inventories for the quarter that ended in Mar. 2024 was R$5,363 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Martin Marietta Materials's Days Inventory for the quarter that ended in Mar. 2024 was 95.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Martin Marietta Materials's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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. Martin Marietta Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.82.


Martin Marietta Materials Change In Inventory Historical Data

The historical data trend for Martin Marietta Materials'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.

Martin Marietta Materials Change In Inventory Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.70 -99.29 413.94 -690.82 -924.59

Martin Marietta Materials 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 -427.11 -49.51 -188.16 -286.15 -423.28

Martin Marietta Materials 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 R$-947 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.


Martin Marietta Materials  (BSP:M1LM34) Change In Inventory Explanation

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

Martin Marietta Materials's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=5103.5935/4875.224*365 / 4
=95.52

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

Martin Marietta Materials'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.

Martin Marietta Materials'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.


Martin Marietta Materials Change In Inventory Related Terms

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


Martin Marietta Materials (BSP:M1LM34) Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials (BSP:M1LM34) Headlines

No Headlines