PACCAR (PACCAR) Change In Inventory : $-351 Mil (TTM As of Dec. 2023)

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What is PACCAR Change In Inventory?

PACCAR's change in inventory for the quarter that ended in Dec. 2023 was $99 Mil. It means PACCAR's inventory declined by $99 Mil from Sep. 2023 to Dec. 2023 .

PACCAR's change in inventory for the fiscal year that ended in Dec. 2023 was $-351 Mil. It means PACCAR's inventory increased by $351 Mil from Dec. 2022 to Dec. 2023 .

PACCAR's Total Inventories for the quarter that ended in Dec. 2023 was $2,577 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PACCAR's Days Inventory for the quarter that ended in Dec. 2023 was 33.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. PACCAR's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.74.

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. PACCAR's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

PACCAR Change In Inventory Historical Data

The historical data trend for PACCAR'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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PACCAR Change In Inventory Chart

PACCAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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24.60

-51.90

-628.00

-272.70

-350.70

PACCAR 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															250.80	-401.70	-92.60	44.30	99.30

PACCAR 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 $-351 Mil.

PACCAR (NAS:PCAR) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2599.55	/	7113.6	*	365 / 4
	=	33.35

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7113.6	/	2599.55
	=	2.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2599.55	/	9076.6
	=	0.29

PACCAR Change In Inventory Related Terms

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PACCAR (PACCAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (NAS:PCAR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

PAE:Germany PAE:Germany PAE:Germany P1AC34:Brazil PCAR:Austria

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

Executives

Todd R Hubbard	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski	officer: Vice President & Controller	777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley	officer: VICE PRESIDENT/CONTROLLER	777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp	director	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit	director	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott	director, officer: CHAIRMAN & CEO
C Michael Dozier	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath	director	777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy	director	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich	officer: V.P. & CHIEF TECH. OFFICER	777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton	officer: VICE PRESIDENT/GENERAL COUNSEL	777 106TH AVENUE NE, BELLEVUE WA 98004