Pactiv Evergreen (FRA:PEG) Change In Inventory : €52 Mil (TTM As of Mar. 2024)

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What is Pactiv Evergreen Change In Inventory?

Pactiv Evergreen's change in inventory for the quarter that ended in Mar. 2024 was €-55 Mil. It means Pactiv Evergreen's inventory increased by €55 Mil from Dec. 2023 to Mar. 2024 .

Pactiv Evergreen's change in inventory for the fiscal year that ended in Dec. 2023 was €161 Mil. It means Pactiv Evergreen's inventory declined by €161 Mil from Dec. 2022 to Dec. 2023 .

Pactiv Evergreen's Total Inventories for the quarter that ended in Mar. 2024 was €838 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pactiv Evergreen's Days Inventory for the quarter that ended in Mar. 2024 was 77.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pactiv Evergreen's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.17.

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. Pactiv Evergreen's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.

Pactiv Evergreen Change In Inventory Historical Data

The historical data trend for Pactiv Evergreen'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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Pactiv Evergreen Change In Inventory Chart

Pactiv Evergreen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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17.10

-52.61

-7.08

-232.22

161.39

Pactiv Evergreen 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															56.97	43.38	70.28	-6.42	-55.20

Pactiv Evergreen 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 €52 Mil.

Pactiv Evergreen (FRA:PEG) Change In Inventory Explanation

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

Pactiv Evergreen's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	809.702	/	948.52	*	365 / 4
	=	77.90

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	948.52	/	809.702
	=	1.17

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	809.702	/	1151.84
	=	0.70

Pactiv Evergreen Change In Inventory Related Terms

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Pactiv Evergreen (FRA:PEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (FRA:PEG) » Definitions » Change In Inventory

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Traded in Other Exchanges

PTVE:USA PEG:Germany

Address

1900 West Field Court, Lake Forest, IL, USA, 60045

Website

https://www.pactivevergreen.com

Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.