American Electric Power Raw materials increased by 67.0% to $726.80M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 118.8%, from $332.10M to $726.80M. Over 2 years (FY 2020 to FY 2022), Raw materials shows a downward trend with a -16.9% CAGR.
An increase may signal anticipation of higher production demand or a hedge against rising commodity costs, while a decrease could indicate supply chain efficiency or production slowdowns.
This represents the cost of basic materials and components that have not yet been processed into finished goods. It is a...
Varies by industry; essential for manufacturing and food production companies.
other_inventory_raw_materials| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $512.20M | $290.10M | $307.90M | $270.40M | $353.70M | $332.10M | $435.10M | $726.80M |
| QoQ Change | — | -43.4% | +6.1% | -12.2% | +30.8% | -6.1% | +31.0% | +67.0% |
| YoY Change | — | — | — | — | -30.9% | +14.5% | +41.3% | +118.8% |