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CIT Group Change In Inventory

: $0 Mil (TTM As of Dec. 2020)
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CIT Group's change in inventory for the quarter that ended in Dec. 2020 was $0 Mil. It means CIT Group's inventory stayed the same from Sep. 2020 to Dec. 2020 .

CIT Group's change in inventory for the fiscal year that ended in Dec. 2020 was $0 Mil. It means CIT Group's inventory stayed the same from Dec. 2019 to Dec. 2020 .

CIT Group's Total Inventories for the quarter that ended in Dec. 2020 was $0 Mil.

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

Total Inventories can be measured by Days Sales of Inventory (DSI). CIT Group's days sales of inventory (DSI) for the quarter that ended in Dec. 2020 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. CIT Group's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.00.

CIT Group Change In Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

CIT Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CIT Group Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Change In Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CIT Group 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. 2020 was 0 (Mar. 2020 ) + 0 (Jun. 2020 ) + 0 (Sep. 2020 ) + 0 (Dec. 2020 ) = $0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CIT Group  (NYSE:CIT) Change In Inventory Explanation

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

CIT Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Total Inventories/Cost of Goods Sold*Days in Period
=0/0*365 / 4
=N/A

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

CIT Group's Days Sales of Inventory for the quarter that ended in Dec. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=0/631.2*365 / 4
=0.00

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

CIT Group's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=0 / 0
=N/A

4. 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.

CIT Group's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=0 / 631.2
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CIT Group Change In Inventory Related Terms

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