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Loar Holdings (Loar Holdings) Change In Inventory : $-4.76 Mil (TTM As of Mar. 2024)


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What is Loar Holdings Change In Inventory?

Loar Holdings's change in inventory for the quarter that ended in Mar. 2024 was $-4.76 Mil. It means Loar Holdings's inventory increased by $4.76 Mil from Dec. 2023 to Mar. 2024 .

Loar Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $-11.17 Mil. It means Loar Holdings's inventory increased by $11.17 Mil from Dec. 2022 to Dec. 2023 .

Loar Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $82.57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Loar Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 154.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Loar Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.59.

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. Loar Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.87.

Loar Holdings Change In Inventory Historical Data

The historical data trend for Loar Holdings'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.

Loar Holdings Change In Inventory Chart

Loar Holdings Annual Data
Trend Dec22 Dec23
Change In Inventory
-6.19 -11.17

Loar Holdings Quarterly Data
Dec22 Mar23 Dec23 Mar24
Change In Inventory - -3.89 - -4.76

Loar Holdings 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 $-4.76 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.

Loar Holdings  (NYSE:LOAR) Change In Inventory Explanation

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

Loar Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=80.266/47.411*365 / 4
=154.48

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=47.411 / 80.266
=0.59

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=80.266 / 91.844
=0.87

* 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.

Loar Holdings Change In Inventory Related Terms

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Loar Holdings (Loar Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Loar Holdings Inc (NYSE:LOAR) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
20 New King Street, White Plains, New York, NY, USA, 10604
Website
https://www.loargroup.com
Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings (Loar Holdings) Headlines

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