Meta Platforms (Meta Platforms) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Meta Platforms Change In Inventory?

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

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

Meta Platforms's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meta Platforms's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Meta Platforms's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Meta Platforms Change In Inventory Historical Data

The historical data trend for Meta Platforms'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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Meta Platforms Change In Inventory Chart

Meta Platforms Annual Data

Trend

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Dec23

Change In Inventory

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Meta Platforms 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															-	-	-	-	-

Meta Platforms 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.

Meta Platforms (NAS:META) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	7695	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7695	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	40111
	=	0.00

Meta Platforms Change In Inventory Related Terms

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Meta Platforms (Meta Platforms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (NAS:META) » Definitions » Change In Inventory

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Traded in Other Exchanges

META:Peru META:Mexico FB:Italy FB2Ad:UK 0QZI:UK FB2A:Germany FB20:Germany FB2A:Germany FB2A:Germany FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Executives

Mark Zuckerberg	director, 10 percent owner, officer: COB and CEO	C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Jennifer Newstead	officer: VP and General Counsel	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Christopher K Cox	officer: Chief Product Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan	officer: Chief Operating Officer	62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Nicholas Clegg	officer: President, Global Affairs	C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth	officer: Chief Technology Officer	C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li	officer: Chief Financial Officer	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Aaron Anderson	officer: Chief Accounting Officer	C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Taylor Susan J.s.	officer: Chief Accounting Officer	C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine	officer: Chief Business Officer	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner	officer: Chief Financial Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu	director	C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer	officer: Chief Revenue Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Michael Todd Schroepfer	officer: Chief Technology Officer	C/O FACEBOOK INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Marc L Andreessen	director	C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111