Goodyear Tire & Rubber Co's change in inventory for the fiscal year that ended in Dec. 2023 was $908 Mil. It means Goodyear Tire & Rubber Co's inventory
declined by $908 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Goodyear Tire & Rubber Co's Days Inventory for the quarter that ended in Dec. 2023 was 85.89.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Goodyear Tire & Rubber Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.06.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Goodyear Tire & Rubber Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.75.
Goodyear Tire & Rubber Co Change In Inventory Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Goodyear Tire & Rubber Co Change In Inventory Chart
Goodyear Tire & Rubber Co Change In Inventory Calculation
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $908 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Goodyear Tire & Rubber Co (NAS:GT) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Goodyear Tire & Rubber Co's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Goodyear Tire & Rubber Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Goodyear Tire & Rubber Co Change In Inventory Related Terms
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Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Business Description
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
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