Baidu (BIDU) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

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Baidu's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Baidu's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Baidu's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Baidu's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Baidu's Total Inventories for the quarter that ended in Dec. 2023 was $196 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Baidu's Days Inventory for the quarter that ended in Dec. 2023 was 3.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baidu's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.95.

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. Baidu's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Baidu Change In Inventory Historical Data

The historical data trend for Baidu'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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Baidu Annual Data

Trend

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Change In Inventory

Baidu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-	-	-	-	-

Baidu 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Baidu (NAS:BIDU) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	97.7565	/	2439.428	*	365 / 4
	=	3.66

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

Baidu's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2439.428	/	97.7565
	=	24.95

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.

Baidu's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	97.7565	/	4894.961
	=	0.02

Baidu Change In Inventory Related Terms

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Baidu (BIDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baidu Inc (NAS:BIDU) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

BAIDF:USA BIDU80:Thailand BIDU:Peru BIDUN:Mexico 09888:Hong Kong 0HL1:UK B1CB:Germany B1CB:Germany B1CB:Germany B1C:Germany B1C:Germany B1C:Germany BIDU34:Brazil BIDU:Austria BIDU:Argentina

Address

No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085

Website

https://ir.baidu.com

Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.