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
VolatilityVolatile
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
Detailed definition
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Peer comparison
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
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 value of products currently being manufactured or held in stock ready to be sold.