NACCO Industries Inc

NYSE NC

Data sourced from iex and EODHD
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NACCO Industries Inc Inventory Turnover Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -7.36%

NACCO Industries Inc Inventory Turnover Ratio 2 year CAGR is -7.36% for the Trailing 12 Months (TTM) ending March 31, 2024, a -1,566.48% change year over year. The inventory turnover ratio measures the efficiency of a company's inventory management by assessing how quickly it sells and replaces its inventory. It is calculated by dividing the cost of revenue by the average inventory value. This ratio indicates the number of times the company's inventory is sold and replaced within a specific period. A higher turnover ratio suggests efficient inventory management, while a lower ratio may indicate slow sales or excess inventory. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • NACCO Industries Inc Inventory Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.70, a -1.89% change year over year.
  • NACCO Industries Inc Inventory Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.71, a 2.95% change year over year.
  • NACCO Industries Inc Inventory Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.69, a -17.38% change year over year.
  • NACCO Industries Inc Inventory Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.84, a -0.79% change year over year.
NYSE: NC

NACCO Industries Inc

CEO Mr. John C. Butler Jr.
IPO Date June 17, 1977
Location United States
Headquarters 5875 Landerbrook Drive, Cleveland, OH, United States, 44124-4069
Employees 600
Sector Energy
Industry Thermal coal
Description

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies. Coal is surface mined in North Dakota and Mississippi. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, activated carbon, lithium, and other industrial minerals; and contract mining services for independently owned mines and quarries in Florida, Texas, Arkansas, Virginia, and Nebraska. This segment also offers mining design and consulting services. The Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies, which grants them the rights to explore, develop, mine, produce, market, and sell gas, oil, and coal. NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio.

StockViz Staff

September 20, 2024

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