ArcelorMittal Inventory Turnover Ratio 2010-2023 | MT
Current and historical inventory turnover ratio for ArcelorMittal (MT) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. ArcelorMittal inventory turnover ratio for the three months ending December 31, 2023 was 0.86.
ArcelorMittal Inventory Turnover Ratio Historical Data |
Date |
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Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Steel Producers |
$22.396B |
$68.275B |
ArcelorMittal is the world's leading steel and mining company. It operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. It is the leader in all the main sectors automotive, household appliances, packaging and construction.ArcelorMittal's steel-making operations have significant geographic diversification with crude steel produced in the Americas, Europe and other countries. Long-term contracts add to the stability of the company's business. ArcelorMittal has changed its organizational structure, to reduce organizational complexity and simplify processes. The new reporting segments now include - North American Free Trade Agreement, Brazil, Europe and Asia Africa and CIS/ACIS with the Mining segment remaining unchanged. ArcelorMittal maintains a strategy of selective divestment of non-core assets.
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