Current Assets
Inventories
Barnes Group Inventories increased by 0.8% to $353.23M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $370.67M to $353.23M. Over 3 years (FY 2020 to FY 2023), Inventories shows an upward trend with a 15.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2024Oct 29, 2024
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
14 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 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $235.54M | $238.84M | $239.66M | $255.12M | $260.63M | $268.85M | $283.40M | $292.67M | $294.87M | $370.67M | $365.22M | $336.15M | $350.29M | $353.23M |
| QoQ Change | — | +1.4% | +0.3% | +6.5% | +2.2% | +3.2% | +5.4% | +3.3% | +0.8% | +25.7% | -1.5% | -8.0% | +4.2% | +0.8% |
| YoY Change | — | — | — | — | +10.7% | +12.6% | +18.3% | +14.7% | +13.1% | +37.9% | +28.9% | +14.9% | +18.8% | -4.7% |
Range$235.54M – $370.67M
CAGR+13.3%
Avg YoY Growth+16.5%
Median YoY Growth+14.8%
Current Streak2 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Barnes Group's inventories?
- Barnes Group (B) reported inventories of $353.23M in Q3 2024.
- How has Barnes Group's inventories changed year-over-year?
- Barnes Group's inventories decreased by 4.7% year-over-year, from $370.67M to $353.23M.
- What is the long-term trend for Barnes Group's inventories?
- Over 3 years (2020 to 2023), Barnes Group's inventories has grown at a 15.3% compound annual growth rate (CAGR), from $238.01M to $365.22M.
- What does inventories mean?
- The total value of all goods held for production or sale.