Fifth Third Bancorp (Fifth Third Bancorp) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Fifth Third Bancorp Change In Inventory?

Fifth Third Bancorp's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Fifth Third Bancorp's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Fifth Third Bancorp's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Fifth Third Bancorp's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Fifth Third Bancorp's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

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

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

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. Fifth Third Bancorp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Fifth Third Bancorp Change In Inventory Historical Data

The historical data trend for Fifth Third Bancorp'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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Fifth Third Bancorp Change In Inventory Chart

Fifth Third Bancorp Annual Data

Trend

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Change In Inventory

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Fifth Third Bancorp 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															-	-	-	-	-

Fifth Third Bancorp 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 $0 Mil.

Fifth Third Bancorp (NAS:FITB) Change In Inventory Explanation

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

Fifth Third Bancorp's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2101
	=	0.00

Fifth Third Bancorp Change In Inventory Related Terms

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Fifth Third Bancorp (Fifth Third Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fifth Third Bancorp (NAS:FITB) » Definitions » Change In Inventory

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Traded in Other Exchanges

FITBO.PFD:USA FITBP.PFD:USA FITBI.PFD:USA FFH:Germany FFH:Germany FFTD34:Brazil

Address

38 Fountain Square Plaza, Cincinnati, OH, USA, 45263

Website

https://www.53.com

Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.

Executives

C. Bryan Daniels	director	MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018
Laurent Desmangles	director	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kathleen A Rogers	director	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Evan Bayh	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Gary R Heminger	director	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Howard Hammond	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kevin P Lavender	officer: EVP	C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215
Robert P Shaffer	officer: EVP and CHRO	38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Timothy Spence	officer: EVP & CSO	38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
James C. Leonard	officer: SVP & Treasurer	38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Mitchell Feiger	director	C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622
Jude Schramm	officer: EVP and CIO	38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Greg D Carmichael	officer: Executive Vice President
Kala Gibson	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kristine R. Garrett	officer: EVP	38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263