Nissan Motor Co (Nissan Motor Co) Change In Inventory : $-689 Mil (TTM As of Dec. 2023)

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What is Nissan Motor Co Change In Inventory?

Nissan Motor Co's change in inventory for the quarter that ended in Dec. 2023 was $-474 Mil. It means Nissan Motor Co's inventory increased by $474 Mil from Sep. 2023 to Dec. 2023 .

Nissan Motor Co's change in inventory for the fiscal year that ended in Mar. 2023 was $-1,472 Mil. It means Nissan Motor Co's inventory increased by $1,472 Mil from Mar. 2022 to Mar. 2023 .

Nissan Motor Co's Total Inventories for the quarter that ended in Dec. 2023 was $14,355 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nissan Motor Co's Days Inventory for the quarter that ended in Dec. 2023 was 71.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nissan Motor Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.28.

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. Nissan Motor Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Nissan Motor Co Change In Inventory Historical Data

The historical data trend for Nissan Motor Co'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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Nissan Motor Co Change In Inventory Chart

Nissan Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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117.85

-1,101.34

2,602.25

-105.40

-1,471.69

Nissan Motor Co 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															-122.37	983.11	-356.73	-840.95	-474.41

Nissan Motor Co 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 $-689 Mil.

Nissan Motor Co (OTCPK:NSANY) Change In Inventory Explanation

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

Nissan Motor Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	14092.9785	/	18078.038	*	365 / 4
	=	71.14

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

Nissan Motor Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18078.038	/	14092.9785
	=	1.28

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.

Nissan Motor Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14092.9785	/	21586.523
	=	0.65

Nissan Motor Co Change In Inventory Related Terms

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Nissan Motor Co (Nissan Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nissan Motor Co Ltd (OTCPK:NSANY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

NSANF:USA 7201:Japan NISA:Germany NISA:Austria

Address

1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686

Website

http://www.nissan-global.com

While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.