VALE S.A Inventory Turnover Ratio 2010-2023 | VALE
Current and historical inventory turnover ratio for VALE S.A (VALE) 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. VALE S.A inventory turnover ratio for the three months ending December 31, 2023 was 1.47.
VALE S.A Inventory Turnover Ratio Historical Data |
Date |
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Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Iron Miners |
$54.694B |
$41.784B |
Vale S.A., being one of the world's largest mining companies, produces iron ore, iron ore pellets, nickel, manganese ore, ferroalloys, metallurgical & thermal coal, copper, platinum group metals, gold, silver & cobalt. Vale has a logistics network integrating mines, railroads, ports & ships. It has been distributing its products across countries at very lower costs. It's striving to prevent accidents through improved standards & accelerated decommissioning of upstream dams. It's focusing on product line to capture industry trends, improving quality & productivity and controlling costs. It has diversified portfolio of high-quality products, strong-technical marketing strategy, efficient logistics and long-standing relationships with customers. Its main business lines are Ferrous Minerals,?Base Metals & Coal. The company produces metallurgical & thermal coal through Vale Mo?ambique, its subsidiary. Vale has entered into an agreement with Vulcan to sell the Moatize coal mine & the Nacala Logistics Corridor.
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