Techtronic Industries Co (Techtronic Industries Co) Change In Inventory : $946 Mil (TTM As of Dec. 2023)

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What is Techtronic Industries Co Change In Inventory?

Techtronic Industries Co's change in inventory for the quarter that ended in Dec. 2023 was $507 Mil. It means Techtronic Industries Co's inventory declined by $507 Mil from Jun. 2023 to Dec. 2023 .

Techtronic Industries Co's change in inventory for the fiscal year that ended in Dec. 2023 was $946 Mil. It means Techtronic Industries Co's inventory declined by $946 Mil from Dec. 2022 to Dec. 2023 .

Techtronic Industries Co's Total Inventories for the quarter that ended in Dec. 2023 was $4,098 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techtronic Industries Co's Days Inventory for the quarter that ended in Dec. 2023 was 191.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techtronic Industries Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.95.

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. Techtronic Industries Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.

Techtronic Industries Co Change In Inventory Historical Data

The historical data trend for Techtronic Industries 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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Techtronic Industries Co Change In Inventory Chart

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-383.72

-1,117.84

-1,732.67

-361.24

946.37

Techtronic Industries Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-433.36	-487.68	126.45	439.32	507.05

Techtronic Industries 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 semi-annually data reported by the company within the most recent 12 months, which was $946 Mil.

Techtronic Industries Co (OTCPK:TTNDY) Change In Inventory Explanation

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

Techtronic Industries 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
	=	4339.487	/	4133.975	*	365 / 2
	=	191.57

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4133.975	/	4339.487
	=	0.95

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4339.487	/	6851.947
	=	0.63

Techtronic Industries Co Change In Inventory Related Terms

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Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDY) » Definitions » Change In Inventory

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Traded in Other Exchanges

TTNDF:USA 00669:Hong Kong TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.