Tata Steel (LUX:TTSTE) Change In Inventory : $0 Mil (TTM As of Mar. 2024)

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What is Tata Steel Change In Inventory?

Tata Steel's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Tata Steel's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Tata Steel's change in inventory for the fiscal year that ended in Mar. 2024 was $670 Mil. It means Tata Steel's inventory declined by $670 Mil from Mar. 2023 to Mar. 2024 .

Tata Steel's Total Inventories for the quarter that ended in Mar. 2024 was $5,921 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tata Steel's Days Inventory for the quarter that ended in Mar. 2024 was 85.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tata Steel's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.06.

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. Tata Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.42.

Tata Steel Change In Inventory Historical Data

The historical data trend for Tata Steel'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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Tata Steel Change In Inventory Chart

Tata Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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209.52

6.27

-2,220.36

-490.04

670.39

Tata Steel 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															-	-	-	-	-

Tata Steel 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 $0 Mil.

Tata Steel (LUX:TTSTE) Change In Inventory Explanation

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

Tata Steel's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2960.5325	/	3142.675	*	365 / 4
	=	85.96

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3142.675	/	2960.5325
	=	1.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2960.5325	/	7039.858
	=	0.42

Tata Steel Change In Inventory Related Terms

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Tata Steel (LUX:TTSTE) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tata Steel Ltd (LUX:TTSTE) » Definitions » Change In Inventory

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TATASTEEL:India 500470:India TTSTl:UK TTST:UK HWHG:Germany

Address

24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001

Website

https://www.tatasteel.com

Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strip. Its segments include Tata Steel India, Tata Steel Long Products, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and the Rest of the world.

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