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Securitas AB (Securitas AB) Change In Inventory : $0 Mil (TTM As of Dec. 2023)


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What is Securitas AB Change In Inventory?

Securitas AB's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Securitas AB's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Securitas AB's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Securitas AB's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Securitas AB's Total Inventories for the quarter that ended in Dec. 2023 was $141 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Securitas AB's Days Inventory for the quarter that ended in Dec. 2023 was 2.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Securitas AB's Inventory Turnover for the quarter that ended in Dec. 2023 was 43.41.

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. Securitas AB's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Securitas AB Change In Inventory Historical Data

The historical data trend for Securitas AB's Change In Inventory can be seen below:

* 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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Securitas AB Change In Inventory Chart

Securitas AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
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Securitas AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Securitas AB 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 $0 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.


Securitas AB  (OTCPK:SCTBF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Securitas AB's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=70.338/3053.541*365 / 4
=2.10

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Securitas AB's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Securitas AB'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.


Securitas AB Change In Inventory Related Terms

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Securitas AB (Securitas AB) Business Description

Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.