Crane NXT Co (Crane NXT Co) Change In Inventory : $-1 Mil (TTM As of Mar. 2024)

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What is Crane NXT Co Change In Inventory?

Crane NXT Co's change in inventory for the quarter that ended in Mar. 2024 was $-12 Mil. It means Crane NXT Co's inventory increased by $12 Mil from Dec. 2023 to Mar. 2024 .

Crane NXT Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-1 Mil. It means Crane NXT Co's inventory increased by $1 Mil from Dec. 2022 to Dec. 2023 .

Crane NXT Co's Total Inventories for the quarter that ended in Mar. 2024 was $166 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crane NXT Co's Days Inventory for the quarter that ended in Mar. 2024 was 91.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crane NXT Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.

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. Crane NXT Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.

Crane NXT Co Change In Inventory Historical Data

The historical data trend for Crane NXT Co'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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Crane NXT Co Change In Inventory Chart

Crane NXT Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-8.30

35.40

9.30

-12.70

-1.00

Crane NXT Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial								-12.20	-6.20	5.20	12.20	-11.70

Crane NXT Co 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 $-1 Mil.

Crane NXT Co (NYSE:CXT) Change In Inventory Explanation

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

Crane NXT Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	161.6	/	161.2	*	365 / 4
	=	91.48

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

Crane NXT Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	161.2	/	161.6
	=	1.00

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.

Crane NXT Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	161.6	/	313.6
	=	0.52

Crane NXT Co Change In Inventory Related Terms

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Crane NXT Co (Crane NXT Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Crane NXT Co (NYSE:CXT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 First Stamford Place, Stamford, CT, USA, 06902

Website

https://www.cranenxt.com

Crane NXT Co is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. It is a pioneer in advanced, proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies.

Executives

Kurt F. Gallo	officer: Sr. VP, Payment & Merch. Tech.	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Max H Mitchell	officer: VICE PRESIDENT - OP EX	CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl	director	3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
David D Petratis	director	1415 ROSELLE ROAD, PALATINE IL 60067
Marijane V. Papanikolaou	officer: V.P, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono	officer: SVP, CHRO	950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Bianca B. Shardelow	officer: VP, Controller & CAO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
William K Grogan	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sanjay Kapoor	director	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Paul Gerard Igoe	officer: SVP, General Counsel & Sec.	LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Crane Holdings, Co.	10 percent owner	CRANE NXT, CO., 950 WINTER STREET, 4TH FLOOR, WALTHAM MA 02451
Aaron W Saak	officer: CEO, Crane NXT	C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
Scott A. Grisham	officer: SVP Bus. Dev. & Strategy	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tamara S. Polmanteer	officer: Senior Vice President, CHRO	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
John S Stroup	director	1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105