Operating

Change in Inventories

Barnes Group Change in Inventories decreased by 109.3% to -$1.53M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 46.6%, from -$1.04M to -$1.53M. Over 2 years (FY 2021 to FY 2023), Change in Inventories shows a downward trend with a -70.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase might signal preparation for a major product launch or, conversely, slowing demand and potential future write-downs.

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

Consumer hardware companies aim for high inventory turnover to minimize the risk of product obsolescence.

Metric ID: cf_change_in_inventories

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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-$1.53M
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%-109.3%
YoY Change>999%+142.6%+361.7%-53.4%-76.7%-107.6%-214.2%-8.0%+515.9%-46.6%
Range-$9.32M$16.51M
CAGR+356.5%
Avg YoY Growth>999%
Median YoY Growth-27.3%

Frequently Asked Questions

What is Barnes Group's change in inventories?
Barnes Group (B) reported change in inventories of -$1.53M in Q3 2024.
How has Barnes Group's change in inventories changed year-over-year?
Barnes Group's change in inventories decreased by 46.6% year-over-year, from -$1.04M to -$1.53M.
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 the company has in stock.