FedEx (BSP:FDXB34) Change In Inventory : R$0 Mil (TTM As of Feb. 2024)

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What is FedEx Change In Inventory?

FedEx's change in inventory for the quarter that ended in Feb. 2024 was R$0 Mil. It means FedEx's inventory stayed the same from Nov. 2023 to Feb. 2024 .

FedEx's change in inventory for the fiscal year that ended in May. 2023 was R$0 Mil. It means FedEx's inventory stayed the same from May. 2022 to May. 2023 .

FedEx's Total Inventories for the quarter that ended in Feb. 2024 was R$3,175 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FedEx's Days Inventory for the quarter that ended in Feb. 2024 was 3.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. FedEx's Inventory Turnover for the quarter that ended in Feb. 2024 was 27.21.

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. FedEx's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.03.

FedEx Change In Inventory Historical Data

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

FedEx Annual Data

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Change In Inventory

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FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

FedEx 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

FedEx (BSP:FDXB34) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3135.256	/	85322.519	*	365 / 4
	=	3.35

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

FedEx's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85322.519	/	3135.256
	=	27.21

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.

FedEx's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3135.256	/	107840.044
	=	0.03

FedEx Change In Inventory Related Terms

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FedEx (BSP:FDXB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (BSP:FDXB34) » Definitions » Change In Inventory

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Traded in Other Exchanges

FDX:USA FDX:Peru FDX:Mexico 1FDX:Italy FDX:Germany FDX:Argentina

Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

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