Magnera (MAGN) Inventory Average (2011 - 2023)
Magnera's (MAGN) quarterly Inventory Average came in at $308.3 million in Q3 2023, down 1.77% year-over-year from $313.8 million in Q3 2022, and down 3.08% quarter-over-quarter from $318.0 million in Q2 2023.
Analysis
Magnera (MAGN) Inventory Average (2011 - 2023) Analysis & Trends
Magnera (MAGN) has reported Inventory Average for 13 consecutive years, with $308.3 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Inventory Average fell 1.77% year-over-year to $308.3 million in Q3 2023; TTM through Sep 2023 was $308.3 million, a 1.77% decrease from a year earlier, with the FY2025 full-year figure at $366.5 million, up 31.54% from the prior year.
- Inventory Average was $308.3 million for Q3 2023 at Magnera, down from $318.0 million in the prior quarter.
- Over five years, Inventory Average peaked at $318.0 million in Q2 2023 and troughed at $179.1 million in Q1 2019.
- A 5-year average of $234.2 million and a median of $199.8 million in 2021 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average fell 29.39% in 2019 and surged 40.1% in 2022, its largest moves.
- Over 5 years, Inventory Average stood at $190.5 million in 2019, then increased by 2.28% to $194.8 million in 2020, then soared by 30.2% to $253.7 million in 2021, then grew by 24.08% to $314.7 million in 2022, then fell by 2.06% to $308.3 million in 2023.
- The last three Inventory Average figures came in at $308.3 million (Q3 2023), $318.0 million (Q2 2023), and $315.4 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.60 Bn | 143.09 Bn | 1.63 Bn | 3.35 Bn |
| 2 | Ati | 28.49 Bn | 27.71 Bn | 309.80 Mn | 1.62 Bn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 713.00 Mn |
| 4 | International Flavors & Fragrances | 21.55 Bn | 20.98 Bn | 853.00 Mn | 1.88 Bn |
| 5 | DuPont de Nemours | 17.59 Bn | 15.85 Bn | 639.00 Mn | 1.21 Bn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 1.01 Bn |
| 7 | Solstice Advanced Materials | 10.11 Bn | 9.36 Bn | 370.00 Mn | 685.00 Mn |
| 8 | Element Solutions | 8.83 Bn | 8.64 Bn | 334.00 Mn | 419.55 Mn |
| 9 | Eastman Chemical | 7.87 Bn | 7.17 Bn | 560.00 Mn | 2.09 Bn |
| 10 | Magnera | 412.85 Mn | 132.85 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 308.27 Mn |
| Jun 30, 2023 | 318.05 Mn |
| Mar 31, 2023 | 315.43 Mn |
| Dec 31, 2022 | 314.75 Mn |
| Sep 30, 2022 | 313.84 Mn |
| Dec 31, 2021 | 253.66 Mn |
| Sep 30, 2021 | 224.01 Mn |
| Jun 30, 2021 | 211.77 Mn |
| Mar 31, 2021 | 199.78 Mn |
| Dec 31, 2020 | 194.83 Mn |
| Sep 30, 2020 | 194.74 Mn |
| Jun 30, 2020 | 192.75 Mn |
| Mar 31, 2020 | 189.93 Mn |
| Dec 31, 2019 | 190.49 Mn |
| Sep 30, 2019 | 191.35 Mn |
| Jun 30, 2019 | 188.50 Mn |
| Mar 31, 2019 | 179.14 Mn |
| Dec 31, 2018 | 172.20 Mn |
| Sep 30, 2018 | 220.99 Mn |
| Jun 30, 2018 | 266.97 Mn |