Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

ATI Inc. (ATI) had Inventory Turnover of 2.70 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$4.17B
Net Income	$410.80M
Cost of Goods Sold	$3.37B
Gross Profit	$802.60M
Operating Expenses	$3.71B
Operating Income	$466.40M
Non-Operating Income/Expense	$-171.20M
Pre-Tax Income	$295.20M
Normalized Pre-Tax Income	$295.20M
Income after Taxes	$423.40M
Income from Continuous Operations	$423.40M
Consolidated Net Income/Loss	$423.40M
Normalized Income after Taxes	$423.40M
EBIT	$466.40M
EBITDA	$612.50M
Weighted-Average Shares Outstanding (Basic)	128.10M
Weighted-Average Shares Outstanding (Diluted)	150.00M
Earnings per Share (EPS) (Basic)	$3.21
Earnings per Share (EPS) (Diluted)	$2.81
Balance Sheet Financials
Current Assets	$2.74B
Property, Plant, and Equipment	$1.67B
Long-Term Assets	$2.25B
Total Assets	$4.99B
Current Liabilities	$977.10M
Long-Term Debt	$2.15B
Long-Term Liabilities	$2.53B
Total Liabilities	$3.50B
Common Equity	$1.48B
Tangible Shareholders Equity	$1.25B
Shareholders Equity	$1.48B
Common Shares Outstanding	126.88M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$85.90M
Cash Flow from Investing Activities	$-193.20M
Cash Flow from Financial Activities	$267.20M
Beginning Cash	$584.00M
End Cash	$743.90M
Increase/Decrease in Cash	$159.90M
Stock-Based Compensation	$29.10M
Common Stock Dividends Paid	$-16.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.80
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.59
Debt to Equity Ratio	1.47
Gross Margin	19.23%
Operating Margin	11.17%
EBIT Margin	11.17%
EBITDA Margin	14.68%
Pre-Tax Profit Margin	7.07%
Profit Margin	9.84%
Free Cash Flow	$-111.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.84
Inventory Turnover	2.70
Receiveable Turnover	6.68
Days Sales in Receivables	54.66
Return on Equity	28.60%
Return on Tangible Equity	33.78%
Return on Assets	8.49%
Return on Investments	11.67%
Book Value Per Share	$11.67
Free Cash Flow per Share	$-0.74
Operating Cash Flow per Share	$0.57

Data from Zacks Investment Research, Inc.