Meta Platforms (FRA:FB2A) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

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What is Meta Platforms Change In Inventory?

Meta Platforms's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Meta Platforms's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Meta Platforms's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Meta Platforms's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Meta Platforms'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. Meta Platforms's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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. Meta Platforms's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Meta Platforms Change In Inventory Historical Data

The historical data trend for Meta Platforms'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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Meta Platforms Change In Inventory Chart

Meta Platforms Annual Data

Trend

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Change In Inventory

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Meta Platforms 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															-	-	-	-	-

Meta Platforms 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.

Meta Platforms (FRA:FB2A) Change In Inventory Explanation

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

Meta Platforms'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	/	7056.315	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7056.315	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	36781.787
	=	0.00

Meta Platforms Change In Inventory Related Terms

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Meta Platforms (FRA:FB2A) Business Description

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Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

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