Deutsche Lufthansa AG (Deutsche Lufthansa AG) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Deutsche Lufthansa AG Change In Inventory?

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

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

Deutsche Lufthansa AG's Total Inventories for the quarter that ended in Dec. 2023 was $1,045 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deutsche Lufthansa AG's Days Inventory for the quarter that ended in Dec. 2023 was 10.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Deutsche Lufthansa AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.52.

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. Deutsche Lufthansa AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Deutsche Lufthansa AG Change In Inventory Historical Data

The historical data trend for Deutsche Lufthansa 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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Deutsche Lufthansa AG Change In Inventory Chart

Deutsche Lufthansa AG Annual Data

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Change In Inventory

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Deutsche Lufthansa AG Quarterly Data
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Deutsche Lufthansa 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Deutsche Lufthansa AG (OTCPK:DLAKY) Change In Inventory Explanation

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

Deutsche Lufthansa 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
	=	1004.2125	/	8560.523	*	365 / 4
	=	10.70

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8560.523	/	1004.2125
	=	8.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1004.2125	/	9553.98
	=	0.11

Deutsche Lufthansa AG Change In Inventory Related Terms

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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Deutsche Lufthansa AG (OTCPK:DLAKY) » Definitions » Change In Inventory

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DLAKF:USA LHA:Romania LHA:Italy LUFTHANSA:Hungary LHAd:UK 0H4A:UK LHA:Germany LHA:Austria

Address

Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546

Website

https://www.lufthansagroup.com

Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (Deutsche Lufthansa AG) Headlines

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