PPG Industries (STU:PPQ) Change In Inventory : €264 Mil (TTM As of Mar. 2024)

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What is PPG Industries Change In Inventory?

PPG Industries's change in inventory for the quarter that ended in Mar. 2024 was €-211 Mil. It means PPG Industries's inventory increased by €211 Mil from Dec. 2023 to Mar. 2024 .

PPG Industries's change in inventory for the fiscal year that ended in Dec. 2023 was €186 Mil. It means PPG Industries's inventory declined by €186 Mil from Dec. 2022 to Dec. 2023 .

PPG Industries's Total Inventories for the quarter that ended in Mar. 2024 was €2,145 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PPG Industries's Days Inventory for the quarter that ended in Mar. 2024 was 83.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. PPG Industries's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.10.

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. PPG Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.52.

PPG Industries Change In Inventory Historical Data

The historical data trend for PPG Industries'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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PPG Industries Change In Inventory Chart

PPG Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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130.50

91.24

-246.92

-214.29

186.15

PPG Industries 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															-287.67	121.84	230.50	121.96	-210.68

PPG Industries 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 €264 Mil.

PPG Industries (STU:PPQ) Change In Inventory Explanation

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

PPG Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2047.4895	/	2249.4	*	365 / 4
	=	83.06

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2249.4	/	2047.4895
	=	1.10

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2047.4895	/	3966.12
	=	0.52

PPG Industries Change In Inventory Related Terms

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PPG Industries (STU:PPQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PPG Industries Inc (STU:PPQ) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PPG:USA PPG:Mexico

Address

One PPG Place, Pittsburgh, PA, USA, 15272

Website

https://www.ppg.com

PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.

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