RTX (RTX) Change In Inventory

: $-1,104 Mil (TTM As of Dec. 2023)

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RTX's change in inventory for the quarter that ended in Dec. 2023 was $326 Mil. It means RTX's inventory declined by $326 Mil from Sep. 2023 to Dec. 2023 .

RTX's change in inventory for the fiscal year that ended in Dec. 2023 was $-1,104 Mil. It means RTX's inventory increased by $1,104 Mil from Dec. 2022 to Dec. 2023 .

RTX's Total Inventories for the quarter that ended in Dec. 2023 was $11,777 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. RTX's Days Inventory for the quarter that ended in Dec. 2023 was 68.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. RTX's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.34.

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. RTX's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.

RTX Change In Inventory Historical Data

The historical data trend for RTX'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.

* Premium members only.

RTX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-1,267.00

412.00

163.00

-1,575.00

-1,104.00

RTX Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-141.00	-720.00	-602.00	-108.00	326.00

RTX 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 $-1,104 Mil.

RTX (NYSE:RTX) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	11913.5	/	15918	*	365 / 4
	=	68.29

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

RTX's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	15918	/	11913.5
	=	1.34

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.

RTX's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11913.5	/	19927
	=	0.60

RTX Change In Inventory Related Terms

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RTX (RTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (NYSE:RTX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RTX:Mexico 5URd:UK 0R2N:UK 5UR0:Germany 5UR:Germany 5UR:Germany 5UR:Germany RTX:Canada RYTT34:Brazil RTX:Austria

Address

1000 Wilson Boulevard, Arlington, VA, USA, 22209

Website

https://www.rtx.com

RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

Executives

Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Amy L Johnson	officer: Corporate VP and Controller	870 WINTER STREET, WALTHAM MA 02451
Leanne G Caret	director	1000 WILSON BLVD, ARLINGTON VA 22209
Shane G Eddy	officer: President, P&W	870 WINTER STREET, WALTHAM MA 02451
Gregory Hayes	officer: Vice President, Controller	870 WINTER STREET, WALTHAM MA 02451
Christopher T. Calio	officer: Pres, Comm Engines, P&W	870 WINTER STREET, WALTHAM MA 02451
Dantaya M Williams	officer: Chief Human Resources Officer	870 WINTER STREET, WALTHAM MA 02451
Michael R Dumais	officer: SVP, Strategic Planning	870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Wesley D Kremer	officer: President, RMD	870 WINTER STREET, WALTHAM MA 02451
Ramsaran Maharajh	officer: EVP and General Counsel	870 WINTER STREET, WALTHAM MA 02451
Robert Kelly Ortberg	officer: CEO, Collins Aerospace Systems	870 WINTER STREET, WALTHAM MA 02451
Frank R Jimenez	officer: EVP and General Counsel	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Harris Bernard A Jr	director	3411 ERIN KNOLL CT, HOUSTON TX 77059
Thomas A Kennedy	director, officer: Executive Chairman	870 WINTER STREET, WALTHAM MA 02451