Elbit Systems (Elbit Systems) Change In Inventory

: $-352 Mil (TTM As of Dec. 2023)

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Elbit Systems's change in inventory for the quarter that ended in Dec. 2023 was $-6 Mil. It means Elbit Systems's inventory increased by $6 Mil from Sep. 2023 to Dec. 2023 .

Elbit Systems's change in inventory for the fiscal year that ended in Dec. 2023 was $-352 Mil. It means Elbit Systems's inventory increased by $352 Mil from Dec. 2022 to Dec. 2023 .

Elbit Systems's Total Inventories for the quarter that ended in Dec. 2023 was $2,032 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elbit Systems's Days Inventory for the quarter that ended in Dec. 2023 was 158.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elbit Systems's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.

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. Elbit Systems's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.33.

Elbit Systems Change In Inventory Historical Data

The historical data trend for Elbit Systems'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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Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-55.84

-69.76

-336.22

-305.06

-351.59

Elbit Systems 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	Get a 7-Day Free Trial															-30.85	-225.37	-43.92	-75.92	-6.39

Elbit Systems 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 $-352 Mil.

Elbit Systems (NAS:ESLT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2161.72	/	1243.686	*	365 / 4
	=	158.61

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1243.686	/	2161.72
	=	0.58

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2161.72	/	1625.794
	=	1.33

Elbit Systems Change In Inventory Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.