Assa Abloy AB (Assa Abloy AB) Change In Inventory : $0 Mil (TTM As of Mar. 2024)

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What is Assa Abloy AB Change In Inventory?

Assa Abloy AB's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Assa Abloy AB's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Assa Abloy AB's change in inventory for the fiscal year that ended in Dec. 2023 was $232 Mil. It means Assa Abloy AB's inventory declined by $232 Mil from Dec. 2022 to Dec. 2023 .

Assa Abloy AB's Total Inventories for the quarter that ended in Mar. 2024 was $1,940 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Assa Abloy AB's Days Inventory for the quarter that ended in Mar. 2024 was 85.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Assa Abloy AB's Inventory Turnover for the quarter that ended in Mar. 2024 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. Assa Abloy AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Assa Abloy AB Change In Inventory Historical Data

The historical data trend for Assa Abloy 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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Assa Abloy AB Change In Inventory Chart

Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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60.64

82.15

-323.78

-225.48

232.02

Assa Abloy AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Assa Abloy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Assa Abloy AB (OTCPK:ASAZY) Change In Inventory Explanation

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

Assa Abloy 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
	=	1869.1905	/	1985.343	*	365 / 4
	=	85.91

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

Assa Abloy AB's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1985.343	/	1869.1905
	=	1.06

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.

Assa Abloy AB's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1869.1905	/	3380.942
	=	0.55

Assa Abloy AB Change In Inventory Related Terms

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Assa Abloy AB (Assa Abloy AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (OTCPK:ASAZY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.