Bridgestone (Bridgestone) Change In Inventory : $576 Mil (TTM As of Dec. 2023)

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What is Bridgestone Change In Inventory?

Bridgestone's change in inventory for the quarter that ended in Dec. 2023 was $547 Mil. It means Bridgestone's inventory declined by $547 Mil from Sep. 2023 to Dec. 2023 .

Bridgestone's change in inventory for the fiscal year that ended in Dec. 2023 was $593 Mil. It means Bridgestone's inventory declined by $593 Mil from Dec. 2022 to Dec. 2023 .

Bridgestone's Total Inventories for the quarter that ended in Dec. 2023 was $6,033 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bridgestone's Days Inventory for the quarter that ended in Dec. 2023 was 120.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bridgestone's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.76.

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. Bridgestone's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.81.

Bridgestone Change In Inventory Historical Data

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

Bridgestone Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

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Dec23

Change In Inventory

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66.84

1,241.26

-1,231.71

-1,448.35

592.57

Bridgestone 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															-43.41	-180.24	44.39	165.32	546.55

Bridgestone 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 $576 Mil.

Bridgestone (OTCPK:BRDCY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6312.401	/	4793.7	*	365 / 4
	=	120.16

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4793.7	/	6312.401
	=	0.76

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6312.401	/	7748.607
	=	0.81

Bridgestone Change In Inventory Related Terms

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Bridgestone (Bridgestone) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bridgestone Corp (OTCPK:BRDCY) » Definitions » Change In Inventory

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Traded in Other Exchanges

5108:Japan BGT:Germany

Address

1-1-3 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8340

Website

http://www.bridgestone.co.jp

Bridgestone Corp is engaged in developing, manufacturing and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters and others. Its tire operations include retread business, automotive maintenance and repairs, retail business and raw material supplies, as well as tire development, manufacturing, and marketing. Bridgestone also provides diversified products that include, industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods.

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