STMicroelectronics NV (STMicroelectronics NV) Change In Inventory

: $-72 Mil (TTM As of Dec. 2023)

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STMicroelectronics NV's change in inventory for the quarter that ended in Dec. 2023 was $218 Mil. It means STMicroelectronics NV's inventory declined by $218 Mil from Sep. 2023 to Dec. 2023 .

STMicroelectronics NV's change in inventory for the fiscal year that ended in Dec. 2023 was $-72 Mil. It means STMicroelectronics NV's inventory increased by $72 Mil from Dec. 2022 to Dec. 2023 .

STMicroelectronics NV's Total Inventories for the quarter that ended in Dec. 2023 was $2,698 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. STMicroelectronics NV's Days Inventory for the quarter that ended in Dec. 2023 was 108.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. STMicroelectronics NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

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. STMicroelectronics NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

STMicroelectronics NV Change In Inventory Historical Data

The historical data trend for STMicroelectronics NV'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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STMicroelectronics NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-142.00

-84.00

-188.00

-650.00

-72.00

STMicroelectronics NV 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																-125.00	-262.00	-175.00	147.00	218.00

STMicroelectronics NV 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 $-72 Mil.

STMicroelectronics NV (NYSE:STM) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2784	/	2333	*	365 / 4
	=	108.89

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2333	/	2784
	=	0.84

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2784	/	4282
	=	0.65

STMicroelectronics NV Change In Inventory Related Terms

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STMicroelectronics NV (STMicroelectronics NV) Business Description

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Website

https://www.st.com

A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconductors in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.