Garrett Motion's change in inventory for the quarter that ended in Mar. 2024 was $-17 Mil. It means Garrett Motion's inventory
increased by $17 Mil
from Dec. 2023 to Mar. 2024 .
Garrett Motion's change in inventory for the fiscal year that ended in Dec. 2023 was $12 Mil. It means Garrett Motion's inventory
declined by $12 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Garrett Motion's Days Inventory for the quarter that ended in Mar. 2024 was 32.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Garrett Motion's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.78.
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.
Garrett Motion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.
Garrett Motion Change In Inventory Historical Data
The historical data trend for Garrett Motion'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.
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 $25 Mil.
* 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.
Garrett Motion (NAS:GTX) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Garrett Motion's Days Inventory for the quarter that ended in is calculated as:
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.
Garrett Motion's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
* 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.
Garrett Motion Change In Inventory Related Terms
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Garrett Motion (Garrett Motion) Business Description
Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.
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