Sixt SE (FRA:SIX3) Change In Inventory : €-966 Mil (TTM As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Sixt SE Change In Inventory?

Sixt SE's change in inventory for the quarter that ended in Mar. 2024 was €-219 Mil. It means Sixt SE's inventory increased by €219 Mil from Dec. 2023 to Mar. 2024 .

Sixt SE's change in inventory for the fiscal year that ended in Dec. 2023 was €-839 Mil. It means Sixt SE's inventory increased by €839 Mil from Dec. 2022 to Dec. 2023 .

Sixt SE's Total Inventories for the quarter that ended in Mar. 2024 was €4,897 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sixt SE's Days Inventory for the quarter that ended in Mar. 2024 was 2,298.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sixt SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.04.

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. Sixt SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.14.

Sixt SE Change In Inventory Historical Data

The historical data trend for Sixt SE'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.

* Premium members only.

Sixt SE Change In Inventory Chart

Sixt SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-433.05

799.20

-587.97

-860.69

-838.80

Sixt SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-92.45	-769.82	-181.64	205.11	-219.38

Sixt SE 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-966 Mil.

Sixt SE (FRA:SIX3) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4791.9455	/	190.2	*	365 / 4
	=	2,298.97

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

Sixt SE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	190.2	/	4791.9455
	=	0.04

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.

Sixt SE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4791.9455	/	780.2
	=	6.14

Sixt SE Change In Inventory Related Terms

Thank you for viewing the detailed overview of Sixt SE's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sixt SE (FRA:SIX3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sixt SE (FRA:SIX3) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SIXGF:USA 1SIX:Italy SIX2d:UK 0NW8:UK 0NW7:UK SIX2:Germany

Address

Zugspitzstrasse 1, Pullach, BY, DEU, 82049

Website

https://www.sixt.com

Sixt SE provides automotive rental services mainly across Europe and the US. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners.

Sixt SE (FRA:SIX3) Headlines

No Headlines