Amazon.com (AMZN) Change In Inventory

: $1,449 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

Amazon.com's change in inventory for the quarter that ended in Dec. 2023 was $2,643 Mil. It means Amazon.com's inventory declined by $2,643 Mil from Sep. 2023 to Dec. 2023 .

Amazon.com's change in inventory for the fiscal year that ended in Dec. 2023 was $1,449 Mil. It means Amazon.com's inventory declined by $1,449 Mil from Dec. 2022 to Dec. 2023 .

Amazon.com's Total Inventories for the quarter that ended in Dec. 2023 was $33,318 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Amazon.com's Days Inventory for the quarter that ended in Dec. 2023 was 22.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amazon.com's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.09.

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. Amazon.com's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Amazon.com Change In Inventory Historical Data

The historical data trend for Amazon.com'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.

* Premium members only.

Amazon.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-3,278.00

-2,849.00

-9,487.00

-2,592.00

1,449.00

Amazon.com 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																3,180.00	371.00	-2,373.00	808.00	2,643.00

Amazon.com 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 $1,449 Mil.

Amazon.com (NAS:AMZN) Change In Inventory Explanation

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

Amazon.com's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	34362	/	140686	*	365 / 4
	=	22.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140686	/	34362
	=	4.09

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34362	/	169961
	=	0.20

Amazon.com Change In Inventory Related Terms

Thank you for viewing the detailed overview of Amazon.com's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Amazon.com (AMZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Amazon.com Inc (NAS:AMZN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AMZN:Peru AMZ N:Mexico AMZN_KZ:Kazakhstan AMZN:Italy AMZd:UK 0R1O:UK AMZ1:Germany AMZ:Germany AMZ:Germany AMZ:Germany AMZ:Germany AMZN:Chile AMZN:Canada AMZO34:Brazil AMZN:Austria AMZN:Argentina

Address

410 Terry Avenue North, Seattle, WA, USA, 98109-5210

Website

https://www.amazon.com

Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.

Executives

Adam Selipsky	officer: CEO Amazon Web Services	PO BOX 81226, SEATTLE WA 98108
Douglas J Herrington	officer: CEO Worldwide Amazon Stores	PO BOX 81226, SEATTLE WA 98108
David Zapolsky	officer: Senior Vice President	PO BOX 81226, SEATTLE WA 98108
Andrew R Jassy	director, officer: President and CEO	PO BOX 81226, SEATTLE WA 98108-1226
Shelley Reynolds	officer: Vice President	PO BOX 81226, SEATTLE WA 98108
Brian T Olsavsky	officer: Senior Vice President and CFO	PO BOX 81226, SEATTLE WA 98108
Daniel P Huttenlocher	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Brad D Smith	director	1040 13TH AVE, HUNTINGTON WV 25701
Jeffrey P Bezos	director, 10 percent owner, officer: Chairman, CEO and President	PO BOX 81226, SEATTLE WA 98108-1226
David H Clark	officer: Senior Vice President	PO BOX 81226, SEATTLE WA 98108
Jonathan Rubinstein	director	APPLE COMPUTER INC, 1 INFINITE LOOP, CUPERTINO CA 95014
Edith W Cooper	director	C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Judith A Mcgrath	director	PO BOX 81226, SEATTLE WA 98108
Jeffrey A Wilke	officer: CEO Worldwide Consumer	PO BOX 81226, SEATTLE WA 98108-1226
Patricia Q Stonesifer	director	PO BOX 81226, SEATTLE WA 98108-1226