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thyssenkrupp AG (XTER:TKA) Change In Inventory : €537 Mil (TTM As of Mar. 2024)


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What is thyssenkrupp AG Change In Inventory?

thyssenkrupp AG's change in inventory for the quarter that ended in Mar. 2024 was €111 Mil. It means thyssenkrupp AG's inventory declined by €111 Mil from Dec. 2023 to Mar. 2024 .

thyssenkrupp AG's change in inventory for the fiscal year that ended in Sep. 2023 was €1,191 Mil. It means thyssenkrupp AG's inventory declined by €1,191 Mil from Sep. 2022 to Sep. 2023 .

thyssenkrupp AG's Total Inventories for the quarter that ended in Mar. 2024 was €7,890 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. thyssenkrupp AG's Days Inventory for the quarter that ended in Mar. 2024 was 91.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. thyssenkrupp AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.00.

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. thyssenkrupp AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.88.

thyssenkrupp AG Change In Inventory Historical Data

The historical data trend for thyssenkrupp 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.

thyssenkrupp AG Change In Inventory Chart

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -376.00 1,132.00 -1,816.00 -1,570.00 1,191.00

thyssenkrupp 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 711.00 347.00 610.00 -531.00 111.00

thyssenkrupp 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 €537 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.

thyssenkrupp AG  (XTER:TKA) Change In Inventory Explanation

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

thyssenkrupp 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
=7938/7931*365 / 4
=91.33

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7931 / 7938
=1.00

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=7938 / 9064
=0.88

* 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.

thyssenkrupp AG Change In Inventory Related Terms

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thyssenkrupp AG (XTER:TKA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » thyssenkrupp AG (XTER:TKA) » Definitions » Change In Inventory
Comparable Companies
XTER:NDA XTER:NOEJ FRA:SIM0 ESAB MLI ATI SZSE:000039 TPE:2474 CRS SHSE:688122 WOR SHSE:601399 XBRU:BEKB SHSE:601106 SZSE:300748 WBO:RHIM SHSE:688409 SZSE:002487 TPE:2211 SZSE:002541
Traded in Other Exchanges
TYEKF:USA TKAMY:USA TKA:Italy THYSSENKRUPP:Hungary TKAd:UK 0O1C:UK TKR:Austria
Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
Website
https://www.thyssenkrupp.com
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.
Executives
Dr. Klaus Keysberg Board of Directors
Oliver Burkhard Board of Directors
Martina Merz Board of Directors

thyssenkrupp AG (XTER:TKA) Headlines

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