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Weatherford International (XPAR:WFT) Change In Inventory : €-113 Mil (TTM As of Mar. 2024)


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What is Weatherford International Change In Inventory?

Weatherford International's change in inventory for the quarter that ended in Mar. 2024 was €-49 Mil. It means Weatherford International's inventory increased by €49 Mil from Dec. 2023 to Mar. 2024 .

Weatherford International's change in inventory for the fiscal year that ended in Dec. 2023 was €-105 Mil. It means Weatherford International's inventory increased by €105 Mil from Dec. 2022 to Dec. 2023 .

Weatherford International's Total Inventories for the quarter that ended in Mar. 2024 was €782 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weatherford International's Days Inventory for the quarter that ended in Mar. 2024 was 84.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weatherford International's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.08.

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. Weatherford International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.


Weatherford International Change In Inventory Historical Data

The historical data trend for Weatherford International'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.

Weatherford International Change In Inventory Chart

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -193.50 52.61 -15.93 -52.86 -104.54

Weatherford International 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 -42.03 -27.69 -26.24 -10.09 -48.76

Weatherford International 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 €-113 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.


Weatherford International  (XPAR:WFT) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=752.298/813.28*365 / 4
=84.41

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

Weatherford International'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.

Weatherford International'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.


Weatherford International Change In Inventory Related Terms

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Weatherford International (XPAR:WFT) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Weatherford International (XPAR:WFT) Headlines

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