Commercial Metals (CMC) Change in Inventory (2009 - 2017)
Commercial Metals (CMC) recorded quarterly Change in Inventory of -$35.9 million in Q3 2017, down 154.15% quarter-over-quarter from $66.3 million in Q2 2017, and down 834.99% on a YoY basis from $4.9 million in Q3 2016.
Commercial Metals (CMC) Change in Inventory (2009 - 2017) Analysis & Trends
Commercial Metals' Change in Inventory history runs 9 years deep, the most recent figure standing at -$35.9 million for Q3 2017.
- In Q3 2017, Change in Inventory fell 834.99% year-over-year to -$35.9 million; the TTM figure through Aug 2017 stood at $98.8 million (up 147.16% YoY), while the FY2025 annual figure was -$42.6 million, up 31.06% from the prior year.
- Change in Inventory was -$35.9 million for Q3 2017 at Commercial Metals, down from $66.3 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $184.5 million in Q1 2014 to a low of -$177.9 million in Q2 2015.
- Historically, Change in Inventory has averaged -$9.1 million across 5 years, with a median of -$16.0 million in 2013.
- The sharpest annual moves came in 2014 and 2015: Change in Inventory soared 1251.87% in 2014, then tumbled 954.35% in 2015.
- A 5-year view of Change in Inventory shows it stood at $29.8 million in 2013, then soared by 224.47% to $96.7 million in 2014, then slumped by 181.42% to -$78.7 million in 2015, then jumped by 86.43% to -$10.7 million in 2016, then slumped by 236.06% to -$35.9 million in 2017.
- The last three Change in Inventory figures came in at -$35.9 million (Q3 2017), $66.3 million (Q2 2017), and $79.1 million (Q1 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Carpenter Technology | 26.15 Bn | 25.86 Bn | 251.80 Mn | 17.20 Mn |
| 2 | Ati | 25.48 Bn | 25.19 Bn | 262.90 Mn | 179.00 Mn |
| 3 | Mueller Industries | 14.66 Bn | 13.28 Bn | 358.44 Mn | 43.94 Mn |
| 4 | Commercial Metals | 8.43 Bn | 7.93 Bn | 387.91 Mn | - |
| 5 | Esab | 5.37 Bn | 5.23 Bn | 257.79 Mn | -23.35 Mn |
| 6 | Gpgi | 3.15 Bn | 3.15 Bn | - | - |
| 7 | Worthington Enterprises | 2.87 Bn | 2.87 Bn | 109.47 Mn | -11.00 Mn |
| 8 | Proto Labs | 1.79 Bn | 1.65 Bn | 63.59 Mn | 585,000.00 |
| 9 | Ryerson Holding | 1.20 Bn | 1.19 Bn | 288.80 Mn | 45.30 Mn |
| 10 | Mayville Engineering Company | 709.34 Mn | 707.28 Mn | 10.96 Mn | 6.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2017 | -35.89 Mn |
| Aug 31, 2017 | -35.89 Mn |
| May 31, 2017 | 66.26 Mn |
| May 31, 2017 | 66.26 Mn |
| Feb 28, 2017 | 79.13 Mn |
| Feb 28, 2017 | 79.13 Mn |
| Nov 30, 2016 | -10.68 Mn |
| Nov 30, 2016 | -10.68 Mn |
| Aug 31, 2016 | -3.84 Mn |
| Aug 31, 2016 | -3.84 Mn |
| May 31, 2016 | -94.17 Mn |
| May 31, 2016 | -94.17 Mn |
| Feb 29, 2016 | -32.84 Mn |
| Feb 29, 2016 | -32.84 Mn |
| Nov 30, 2015 | -78.70 Mn |
| Nov 30, 2015 | -78.70 Mn |
| Aug 31, 2015 | -124.65 Mn |
| Aug 31, 2015 | -124.65 Mn |
| May 31, 2015 | -177.92 Mn |
| May 31, 2015 | -177.92 Mn |