Volvo Car AB (OSTO:VOLCAR B) Change In Inventory : kr-21,073 Mil (TTM As of Mar. 2024)

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What is Volvo Car AB Change In Inventory?

Volvo Car AB's change in inventory for the quarter that ended in Mar. 2024 was kr-13,664 Mil. It means Volvo Car AB's inventory increased by kr13,664 Mil from Dec. 2023 to Mar. 2024 .

Volvo Car AB's change in inventory for the fiscal year that ended in Dec. 2023 was kr-11,341 Mil. It means Volvo Car AB's inventory increased by kr11,341 Mil from Dec. 2022 to Dec. 2023 .

Volvo Car AB's Total Inventories for the quarter that ended in Mar. 2024 was kr72,684 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Volvo Car AB's Days Inventory for the quarter that ended in Mar. 2024 was 78.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Volvo Car AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.17.

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. Volvo Car AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.

Volvo Car AB Change In Inventory Historical Data

The historical data trend for Volvo Car 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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Volvo Car AB Change In Inventory Chart

Volvo Car AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3,066.00

-454.00

3,643.00

-7,348.00

-11,341.00

Volvo Car AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-3,932.00	-3,565.00	-4,549.00	705.00	-13,664.00

Volvo Car 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 kr-21,073 Mil.

Volvo Car AB (OSTO:VOLCAR B) Change In Inventory Explanation

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

Volvo Car 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
	=	64871	/	75806	*	365 / 4
	=	78.09

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	75806	/	64871
	=	1.17

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64871	/	93878
	=	0.69

Volvo Car AB Change In Inventory Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany

Address

VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31

Website

https://www.volvocars.com

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

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