GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Motor Co Ltd (NYSE:HMC) » Definitions » Change In Inventory

Honda Motor Co (Honda Motor Co) Change In Inventory : $-464 Mil (TTM As of Mar. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Honda Motor Co Change In Inventory?

Honda Motor Co's change in inventory for the quarter that ended in Mar. 2024 was $57 Mil. It means Honda Motor Co's inventory declined by $57 Mil from Dec. 2023 to Mar. 2024 .

Honda Motor Co's change in inventory for the fiscal year that ended in Mar. 2024 was $-453 Mil. It means Honda Motor Co's inventory increased by $453 Mil from Mar. 2023 to Mar. 2024 .

Honda Motor Co's Total Inventories for the quarter that ended in Mar. 2024 was $16,306 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honda Motor Co's Days Inventory for the quarter that ended in Mar. 2024 was 52.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Honda Motor Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.75.

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. Honda Motor Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.


Honda Motor Co Change In Inventory Historical Data

The historical data trend for Honda Motor Co'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.

Honda Motor Co Change In Inventory Chart

Honda Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -556.63 628.17 -1,761.68 -1,282.82 -452.77

Honda Motor Co 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 -399.09 206.19 -203.26 -524.44 57.28

Honda Motor 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-464 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.


Honda Motor Co  (NYSE:HMC) Change In Inventory Explanation

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

Honda Motor Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=16277.9255/28560.773*365 / 4
=52.01

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

Honda Motor Co'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.

Honda Motor Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=16277.9255 / 36239.225
=0.45

* 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.


Honda Motor Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Honda Motor Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Honda Motor Co (Honda Motor Co) Business Description

Address
Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.