Custom Truck One Source (Custom Truck One Source) Change In Inventory : $-387 Mil (TTM As of Mar. 2024)

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What is Custom Truck One Source Change In Inventory?

Custom Truck One Source's change in inventory for the quarter that ended in Mar. 2024 was $-117 Mil. It means Custom Truck One Source's inventory increased by $117 Mil from Dec. 2023 to Mar. 2024 .

Custom Truck One Source's change in inventory for the fiscal year that ended in Dec. 2023 was $-388 Mil. It means Custom Truck One Source's inventory increased by $388 Mil from Dec. 2022 to Dec. 2023 .

Custom Truck One Source's Total Inventories for the quarter that ended in Mar. 2024 was $1,103 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Custom Truck One Source's Days Inventory for the quarter that ended in Mar. 2024 was 297.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Custom Truck One Source's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.

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. Custom Truck One Source's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.54.

Custom Truck One Source Change In Inventory Historical Data

The historical data trend for Custom Truck One Source'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.

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Custom Truck One Source Change In Inventory Chart

Custom Truck One Source Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-22.68

-9.64

46.57

-194.69

-388.06

Custom Truck One Source 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															-117.58	-49.03	-123.69	-97.76	-116.82

Custom Truck One Source 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 $-387 Mil.

Custom Truck One Source (NYSE:CTOS) Change In Inventory Explanation

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

Custom Truck One Source's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1044.6135	/	320.598	*	365 / 4
	=	297.32

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

Custom Truck One Source's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	320.598	/	1044.6135
	=	0.31

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.

Custom Truck One Source's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1044.6135	/	411.307
	=	2.54

Custom Truck One Source Change In Inventory Related Terms

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Custom Truck One Source (Custom Truck One Source) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Custom Truck One Source Inc (NYSE:CTOS) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7701 Independence Avenue, Kansas, MO, USA, 64125

Website

https://www.customtruck.com

Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority of revenue from the United States.

Executives

Christopher J Eperjesy	officer: Chief Financial Officer	505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Marshall Heinberg	director	1 CORPORATE AVENUE, ROWVILLE C3 3178
Mark Ein	director, 10 percent owner, officer: Chairman and CEO
Ecp Controlco, Llc	10 percent owner	40 BEECHWOOD ROAD, SUMMIT NJ 07901
Raymond Todd Barrett	officer: Chief Accounting Officer	6714 POINT INVERNESS WAY, STE 220, FORT WAYNE IN 46804
Paul M Jolas	officer: EVP, General Counsel & Sec	331 N. MAIN ST., EULESS TX 76039
Mary M. Jackson	director	7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
Blackstone Holdings Iii L.p.	other: See Remarks	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Energy Partners Nq L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Ecp Cardinal Holdings, Lp	director, 10 percent owner	40 BEECHWOOD ROAD, SUMMIT NJ 07901
Thomas R. Rich	officer: EVP - Rentals	C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
James Carlsen	officer: CIO	C/O NESCO HOLDINGS, INC., 6714 POINTE INVERNESS WAY, SUITE 220, FORT WAYNE IN 46804
Blackstone Family Investment Partnership Vi-nq Esc L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi-nq Side-by-side Gp L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154