Operating
Change in Inventories
Barnes Group Change in Inventories increased by 154.0% to $16.51M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 515.9%, from $2.68M to $16.51M. Over 2 years (FY 2021 to FY 2023), Change in Inventories shows a downward trend with a -70.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ2 2024Jul 31, 2024
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$11.00K | $5.67M | $1.77M | $15.15M | $11.52M | $13.76M | $8.16M | $7.06M | $2.68M | -$1.04M | -$9.32M | $6.50M | $16.51M |
| QoQ Change | — | >999% | -68.8% | +757.1% | -24.0% | +19.4% | -40.7% | -13.5% | -62.0% | -138.9% | -792.8% | +169.7% | +154.0% |
| YoY Change | — | — | — | — | >999% | +142.6% | +361.7% | -53.4% | -76.7% | -107.6% | -214.2% | -8.0% | +515.9% |
Range-$9.32M – $16.51M
CAGR>999%
Avg YoY Growth>999%
Median YoY Growth-8.0%
Current Streak2 quarters growth
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Barnes Group's change in inventories?
- Barnes Group (B) reported change in inventories of $16.51M in Q2 2024.
- How has Barnes Group's change in inventories changed year-over-year?
- Barnes Group's change in inventories increased by 515.9% year-over-year, from $2.68M to $16.51M.
- What is the long-term trend for Barnes Group's change in inventories?
- Over 2 years (2021 to 2023), Barnes Group's change in inventories has grown at a -70.9% compound annual growth rate (CAGR), from $7.35M to -$622.00K.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.