Vertiv Holdings Co (Vertiv Holdings Co) Change In Inventory : $-81 Mil (TTM As of Mar. 2024)

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What is Vertiv Holdings Co Change In Inventory?

Vertiv Holdings Co's change in inventory for the quarter that ended in Mar. 2024 was $-107 Mil. It means Vertiv Holdings Co's inventory increased by $107 Mil from Dec. 2023 to Mar. 2024 .

Vertiv Holdings Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-54 Mil. It means Vertiv Holdings Co's inventory increased by $54 Mil from Dec. 2022 to Dec. 2023 .

Vertiv Holdings Co's Total Inventories for the quarter that ended in Mar. 2024 was $987 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vertiv Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 was 79.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vertiv Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Vertiv Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.

Vertiv Holdings Co Change In Inventory Historical Data

The historical data trend for Vertiv Holdings Co'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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Vertiv Holdings Co Change In Inventory Chart

Vertiv Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-38.50

-125.70

-211.40

-54.00

Vertiv Holdings Co 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															-79.50	-17.00	-5.00	47.50	-106.50

Vertiv Holdings Co 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 $-81 Mil.

Vertiv Holdings Co (NYSE:VRT) Change In Inventory Explanation

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

Vertiv Holdings Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	935.7	/	1072.7	*	365 / 4
	=	79.60

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

Vertiv Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1072.7	/	935.7
	=	1.15

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.

Vertiv Holdings Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	935.7	/	1639.1
	=	0.57

Vertiv Holdings Co Change In Inventory Related Terms

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Vertiv Holdings Co (Vertiv Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vertiv Holdings Co (NYSE:VRT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

49V:Germany 49V:Germany

Address

505 N. Cleveland Ave., Westerville, OH, USA, 43082

Website

https://www.vertiv.com

Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

Executives

Vpe Holdings, Llc	director, 10 percent owner	360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Scott Cripps	officer: Chief Accounting Officer	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Platinum Equity Partners Iii, Llc	director	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Doherty Philip O'	officer: Managing Director, E+I	1050 DEARBORN DRIVE, COLUMBUS OH 43085
Anders Karlborg	officer: EVP, Man., Logistics and Op Ex	505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Stephen Liang	officer: President of Asia Pacific	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Paul Ryan	officer: Chief Procurement Officer	505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Platinum Equity Partners Iv, L.p.	director, 10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iv, Llc	director, 10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Lim Cheryl H.j.	officer: Chief Human Resources Officer	1050 DEARBORN DRIVE, COLUMBUS OH 43085
Joseph J Deangelo	director	3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Michael J. Kitson	officer: Chief Procurement Officer	1050 DEARBORN DRIVE, COLUMBUS OH 43085
John F. Marion	officer: EVP, Quality, VOS and Process	1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Joseph Fallon	officer: Chief Financial Officer	28213 VAN DYKE AVENUE, WARREN MI 48093