Magnera (MAGN) Change in Inventory (2010 - 2023)
Magnera (MAGN) posted quarterly Change in Inventory of -$1.1 million for Q3 2023, down 104.45% year-over-year from $25.7 million in Q3 2022, and up 84.07% quarter-over-quarter from -$7.2 million in Q2 2023.
Magnera (MAGN) Change in Inventory (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Change in Inventory for 14 consecutive years, with -$1.1 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Change in Inventory fell 104.45% year-over-year to -$1.1 million; the TTM figure through Sep 2023 stood at $26.2 million (down 65.64% YoY), while the FY2025 annual figure was -$31.0 million, down 293.75% from the prior year.
- Change in Inventory grew to -$1.1 million in Q3 2023 per MAGN's latest filing, from -$7.2 million in the prior quarter.
- Across five years, Change in Inventory topped out at $27.4 million in Q2 2022 and bottomed at -$9.7 million in Q3 2020.
- Historically, Change in Inventory has averaged $6.8 million across 5 years, with a median of $5.8 million in 2019.
- Annual changes were most pronounced in 2020 — Change in Inventory slumped 329.63% — and 2021, when it jumped 259.22%.
- Magnera's Change in Inventory stood at -$6.3 million in 2019, then rose by 26.97% to -$4.6 million in 2020, then jumped by 216.15% to $5.4 million in 2021, then surged by 377.23% to $25.7 million in 2022, then slumped by 104.45% to -$1.1 million in 2023.
- Business Quant data shows MAGN's Change in Inventory at -$1.1 million in Q3 2023, -$7.2 million in Q2 2023, and $8.8 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 295.00 Mn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 69.00 Mn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 50.00 Mn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 44.00 Mn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 20.30 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 7.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | - |
| 10 | Magnera | 437.98 Mn | 157.98 Mn | 112.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -1.14 Mn |
| Sep 30, 2023 | -1.14 Mn |
| Jun 30, 2023 | -7.17 Mn |
| Jun 30, 2023 | -7.17 Mn |
| Mar 31, 2023 | 8.83 Mn |
| Mar 31, 2023 | 8.83 Mn |
| Sep 30, 2022 | 25.67 Mn |
| Sep 30, 2022 | 25.67 Mn |
| Jun 30, 2022 | 27.45 Mn |
| Jun 30, 2022 | 27.45 Mn |
| Mar 31, 2022 | 17.70 Mn |
| Mar 31, 2022 | 17.70 Mn |
| Dec 31, 2021 | 5.38 Mn |
| Dec 31, 2021 | 5.38 Mn |
| Sep 30, 2021 | 12.77 Mn |
| Sep 30, 2021 | 12.77 Mn |
| Jun 30, 2021 | 8.62 Mn |
| Jun 30, 2021 | 8.62 Mn |
| Mar 31, 2021 | 13.25 Mn |
| Mar 31, 2021 | 13.25 Mn |