Hero MotoCorp (Hero MotoCorp) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Hero MotoCorp Change In Inventory?

Hero MotoCorp's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Hero MotoCorp's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Hero MotoCorp's change in inventory for the fiscal year that ended in Mar. 2023 was $-34.52 Mil. It means Hero MotoCorp's inventory increased by $34.52 Mil from Mar. 2022 to Mar. 2023 .

Hero MotoCorp's Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hero MotoCorp's Days Inventory for the quarter that ended in Dec. 2023 was 14.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hero MotoCorp's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.44.

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. Hero MotoCorp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Hero MotoCorp Change In Inventory Historical Data

The historical data trend for Hero MotoCorp'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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Hero MotoCorp Change In Inventory Chart

Hero MotoCorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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-41.28

-4.40

-69.62

41.59

-34.52

Hero MotoCorp 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															-	-	-	-	-

Hero MotoCorp 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 $0.00 Mil.

Hero MotoCorp (GREY:HRTQY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	122.316	/	787.253	*	365 / 4
	=	14.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	787.253	/	122.316
	=	6.44

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	122.316	/	1175.662
	=	0.10

Hero MotoCorp Change In Inventory Related Terms

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Hero MotoCorp (Hero MotoCorp) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (GREY:HRTQY) » Definitions » Change In Inventory

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HEROMOTOCO:India 500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (Hero MotoCorp) Headlines

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