Snap-on's change in inventory for the quarter that ended in Mar. 2024 was $22 Mil. It means Snap-on's inventory
declined by $22 Mil
from Dec. 2023 to Mar. 2024 .
Snap-on's change in inventory for the fiscal year that ended in Dec. 2023 was $23 Mil. It means Snap-on's inventory
declined by $23 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.
Snap-on's Days Inventory for the quarter that ended in Mar. 2024 was 146.17.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Snap-on's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.
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.
Snap-on's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.
Snap-on Change In Inventory Historical Data
The historical data trend for Snap-on'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 $59 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.
Snap-on (NYSE:SNA) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Snap-on'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.
Snap-on'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.
Snap-on Change In Inventory Related Terms
Thank you for viewing the detailed overview of Snap-on's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SNA has been successfully added to your 