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Siemens Healthineers AG (CHIX:SHLD) Change In Inventory : €-375 Mil (TTM As of Mar. 2024)


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What is Siemens Healthineers AG Change In Inventory?

Siemens Healthineers AG's change in inventory for the quarter that ended in Mar. 2024 was €-62 Mil. It means Siemens Healthineers AG's inventory increased by €62 Mil from Dec. 2023 to Mar. 2024 .

Siemens Healthineers AG's change in inventory for the fiscal year that ended in Sep. 2023 was €-453 Mil. It means Siemens Healthineers AG's inventory increased by €453 Mil from Sep. 2022 to Sep. 2023 .

Siemens Healthineers AG's Total Inventories for the quarter that ended in Mar. 2024 was €4,636 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Siemens Healthineers AG's Days Inventory for the quarter that ended in Mar. 2024 was 122.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Siemens Healthineers AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.75.

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. Siemens Healthineers AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.84.


Siemens Healthineers AG Change In Inventory Historical Data

The historical data trend for Siemens Healthineers AG'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.

Siemens Healthineers AG Change In Inventory Chart

Siemens Healthineers AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only -124.00 -332.00 -22.00 -481.00 -453.00

Siemens Healthineers AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -54.00 -187.00 186.00 -312.00 -62.00

Siemens Healthineers AG 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 €-375 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.


Siemens Healthineers AG  (CHIX:SHLd) Change In Inventory Explanation

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

Siemens Healthineers AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4586/3428*365 / 4
=122.07

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

Siemens Healthineers AG's Inventory Turnover for the quarter that ended in Mar. 2024 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.

Siemens Healthineers AG's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


Siemens Healthineers AG Change In Inventory Related Terms

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Siemens Healthineers AG (CHIX:SHLD) Business Description

Address
Siemensstr. 3, Forchheim, BY, DEU, 91301
Siemens Healthineers AG is engaged in the fields of diagnostic, therapeutic imaging, laboratory and point of care diagnostics as well as clinical consulting services. The imaging segment products equipment include magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging and ultrasound. The portfolio of the Diagnostics segment includes; immunochemistry, hematology, coagulation, urinalysis, etc. Advanced Therapies segment products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology and surgery. Varian segment provides multi-modality cancer care technologies, solutions and services to oncology departments in hospitals and clinics. It caters and earns revenue from Europe, the Middle East, Africa, China and others.

Siemens Healthineers AG (CHIX:SHLD) Headlines

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