Evonik Industries AG (XTER:EVK) Change In Inventory : €392 Mil (TTM As of Mar. 2024)

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What is Evonik Industries AG Change In Inventory?

Evonik Industries AG's change in inventory for the quarter that ended in Mar. 2024 was €-218 Mil. It means Evonik Industries AG's inventory increased by €218 Mil from Dec. 2023 to Mar. 2024 .

Evonik Industries AG's change in inventory for the fiscal year that ended in Dec. 2023 was €310 Mil. It means Evonik Industries AG's inventory declined by €310 Mil from Dec. 2022 to Dec. 2023 .

Evonik Industries AG's Total Inventories for the quarter that ended in Mar. 2024 was €2,566 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Evonik Industries AG's Days Inventory for the quarter that ended in Mar. 2024 was 80.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evonik Industries AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.14.

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. Evonik Industries AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Evonik Industries AG Change In Inventory Historical Data

The historical data trend for Evonik Industries 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.

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Evonik Industries AG Change In Inventory Chart

Evonik Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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129.00

70.00

-675.00

-270.00

310.00

Evonik Industries 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															-300.00	52.00	227.00	331.00	-218.00

Evonik Industries 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 €392 Mil.

Evonik Industries AG (XTER:EVK) Change In Inventory Explanation

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

Evonik Industries 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
	=	2457.5	/	2795	*	365 / 4
	=	80.23

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

Evonik Industries AG's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2795	/	2457.5
	=	1.14

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.

Evonik Industries AG's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2457.5	/	3796
	=	0.65

Evonik Industries AG Change In Inventory Related Terms

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Evonik Industries AG (XTER:EVK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Evonik Industries AG (XTER:EVK) » Definitions » Change In Inventory

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Traded in Other Exchanges

EVKIY:USA EVKIF:USA EVK:Italy EVKd:UK 0QDS:UK EVKA:Germany EVK:Germany EVK:Germany EVK:Germany EVK:Austria

Address

Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128

Website

https://www.evonik.com

Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Executives

Maike Schuh	Board of Directors
Dr. Cornelius Baur	Supervisory Board
Thomas Wessel	Board of Directors
Christian Kullmann	Board of Directors
Ute Wolf	Board of Directors

Evonik Industries AG (XTER:EVK) Headlines

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