AGCO's change in inventory for the quarter that ended in Dec. 2023 was $379 Mil. It means AGCO's inventory
declined by $379 Mil
from Sep. 2023 to Dec. 2023 .
AGCO's change in inventory for the fiscal year that ended in Dec. 2023 was $-164 Mil. It means AGCO's inventory
increased by $164 Mil
from Dec. 2022 to Dec. 2023 .
AGCO's Total Inventories for the quarter that ended in Dec. 2023 was $3,441 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AGCO's Days Inventory for the quarter that ended in Dec. 2023 was 116.04.
Inventory Turnover measures how fast the company turns over its inventory within a year.
AGCO's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.79.
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.
AGCO's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.94.
AGCO Change In Inventory Historical Data
The historical data trend for AGCO'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.
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-164 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.
AGCO (NYSE:AGCO) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AGCO's Days Inventory for the quarter that ended in 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.
AGCO's Inventory to Revenue for the quarter that ended in Dec. 2023 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.
AGCO Change In Inventory Related Terms
Thank you for viewing the detailed overview of AGCO's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AGCO has been successfully added to your 