MRC Global (FRA:37M) Change In Inventory : €111 Mil (TTM As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is MRC Global Change In Inventory?

MRC Global's change in inventory for the quarter that ended in Mar. 2024 was €7 Mil. It means MRC Global's inventory declined by €7 Mil from Dec. 2023 to Mar. 2024 .

MRC Global's change in inventory for the fiscal year that ended in Dec. 2023 was €15 Mil. It means MRC Global's inventory declined by €15 Mil from Dec. 2022 to Dec. 2023 .

MRC Global's Total Inventories for the quarter that ended in Mar. 2024 was €502 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MRC Global's Days Inventory for the quarter that ended in Mar. 2024 was 78.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. MRC Global's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.16.

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. MRC Global's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

MRC Global Change In Inventory Historical Data

The historical data trend for MRC Global'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.

MRC Global Change In Inventory Chart

MRC Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

85.50

142.21

-23.90

-185.02

14.67

MRC Global 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															-89.66	-4.62	52.47	55.94	7.36

MRC Global 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 €111 Mil.

MRC Global (FRA:37M) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	507.92	/	591.56	*	365 / 4
	=	78.35

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

MRC Global's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	591.56	/	507.92
	=	1.16

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.

MRC Global's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	507.92	/	741.52
	=	0.68

MRC Global Change In Inventory Related Terms

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

MRC Global (FRA:37M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MRC Global Inc (FRA:37M) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MRC:USA

Address

1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010

Website

https://www.mrcglobal.com

MRC Global Inc distributes pipes, valves, fittings, and related products and services to the energy industry. Products are often used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions. In these conditions and other environments, MRC's valve products give the customer the ability to control the direction, velocity, and pressure of fluids and gases within transmission networks. In addition, other products can be used to regulate flow and on/off service. MRC's other products, which include pipe, steel fitting, and tubular goods, are used across all of the industries in which the company operates. Specialized services are delivered alongside this array of products to enhance the client relationship.

MRC Global (FRA:37M) Headlines

No Headlines