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Construction Partners (STU:CQY) Change In Inventory : €-12 Mil (TTM As of Mar. 2024)


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What is Construction Partners Change In Inventory?

Construction Partners's change in inventory for the quarter that ended in Mar. 2024 was €-6 Mil. It means Construction Partners's inventory increased by €6 Mil from Dec. 2023 to Mar. 2024 .

Construction Partners's change in inventory for the fiscal year that ended in Sep. 2023 was €-7 Mil. It means Construction Partners's inventory increased by €7 Mil from Sep. 2022 to Sep. 2023 .

Construction Partners's Total Inventories for the quarter that ended in Mar. 2024 was €95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Construction Partners's Days Inventory for the quarter that ended in Mar. 2024 was 27.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Construction Partners's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.34.

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. Construction Partners's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.27.


Construction Partners Change In Inventory Historical Data

The historical data trend for Construction Partners'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.

Construction Partners Change In Inventory Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Inventory
Get a 7-Day Free Trial -8.01 -1.00 -3.34 -17.69 -6.86

Construction Partners 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.24 -1.71 4.38 -9.06 -5.60

Construction Partners 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 €-12 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.


Construction Partners  (STU:CQY) Change In Inventory Explanation

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

Construction Partners's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=91.5845/306.016*365 / 4
=27.31

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

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

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.

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

* 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.


Construction Partners Change In Inventory Related Terms

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Construction Partners (STU:CQY) Business Description

Traded in Other Exchanges
Address
290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.

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