Magnera (MAGN) Change in Inventory (2010 - 2023)
Magnera's (MAGN) quarterly Change in Inventory came in at -$1.1 million in 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.
Analysis
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.
- On a quarterly basis, Change in Inventory fell 104.45% year-over-year to -$1.1 million in Q3 2023; TTM through Sep 2023 was -$25.9 million, a 133.96% decrease from a year earlier, with the FY2025 full-year figure at -$31.0 million, down 293.75% from the prior year.
- Change in Inventory was -$1.1 million for Q3 2023 at Magnera, up from -$7.2 million in the prior quarter.
- Over five years, Change in Inventory peaked at $27.4 million in Q2 2022 and troughed at -$26.4 million in Q4 2022.
- A 5-year average of $5.0 million and a median of $5.4 million in 2021 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 259.22% in 2021 and tumbled 590.57% in 2022, its largest moves.
- Over 5 years, Change in Inventory stood at -$6.3 million in 2019, then grew by 26.97% to -$4.6 million in 2020, then surged by 216.15% to $5.4 million in 2021, then plunged by 590.57% to -$26.4 million in 2022, then soared by 95.67% to -$1.1 million in 2023.
- The last three Change in Inventory figures came in at -$1.1 million (Q3 2023), -$7.2 million (Q2 2023), and $8.8 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.20 Bn | 142.70 Bn | 1.63 Bn | 145.00 Mn |
| 2 | Ati | 28.61 Bn | 27.83 Bn | 309.80 Mn | 87.00 Mn |
| 3 | Qnity Electronics | 26.14 Bn | 25.18 Bn | 666.00 Mn | - |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 12.00 Mn |
| 5 | DuPont de Nemours | 17.53 Bn | 15.79 Bn | 639.00 Mn | - |
| 6 | Avery Dennison | 12.92 Bn | 12.70 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.06 Bn | 9.31 Bn | 370.00 Mn | -37.00 Mn |
| 8 | Element Solutions | 8.79 Bn | 8.60 Bn | 334.00 Mn | -4.60 Mn |
| 9 | Eastman Chemical | 7.83 Bn | 7.14 Bn | 560.00 Mn | 27.00 Mn |
| 10 | Magnera | 409.26 Mn | 129.26 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -1.14 Mn |
| Jun 30, 2023 | -7.17 Mn |
| Mar 31, 2023 | 8.83 Mn |
| Dec 31, 2022 | -26.39 Mn |
| Sep 30, 2022 | 25.67 Mn |
| Jun 30, 2022 | 27.45 Mn |
| Mar 31, 2022 | 17.70 Mn |
| Dec 31, 2021 | 5.38 Mn |
| Sep 30, 2021 | 12.77 Mn |
| Jun 30, 2021 | 8.62 Mn |
| Mar 31, 2021 | 13.25 Mn |
| Dec 31, 2020 | -4.63 Mn |
| Sep 30, 2020 | -9.68 Mn |
| Jun 30, 2020 | 3.76 Mn |
| Mar 31, 2020 | 3.69 Mn |
| Dec 31, 2019 | -6.34 Mn |
| Sep 30, 2019 | 4.22 Mn |
| Jun 30, 2019 | 6.28 Mn |
| Mar 31, 2019 | 13.23 Mn |
| Dec 31, 2018 | -8.18 Mn |