U.S. Bancorp (U.S. Bancorp) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

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U.S. Bancorp's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means U.S. Bancorp's inventory stayed the same from Sep. 2023 to Dec. 2023 .

U.S. Bancorp's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means U.S. Bancorp's inventory stayed the same from Dec. 2022 to Dec. 2023 .

U.S. Bancorp's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

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

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. U.S. Bancorp's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

U.S. Bancorp Change In Inventory Historical Data

The historical data trend for U.S. Bancorp'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.

U.S. Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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U.S. Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

U.S. Bancorp 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 $0 Mil.

U.S. Bancorp (NYSE:USB) Change In Inventory Explanation

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

U.S. Bancorp's Days Inventory for the quarter that ended in is calculated as:

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

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

U.S. Bancorp's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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

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.

U.S. Bancorp's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	6731
	=	0.00

U.S. Bancorp Change In Inventory Related Terms

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U.S. Bancorp (U.S. Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Change In Inventory

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Address

800 Nicollet Mall, Minneapolis, MN, USA, 55402

Website

https://www.usbank.com

As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.

Executives

Timothy A Welsh	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan	officer: EVP, Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal	officer: Vice Chairman	8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip	officer: SEVP & Chief Info & Tech Off	800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern	officer: SEVP and CFO	800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine	director	2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg	director	ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran	officer: SEVP, Chief Operations Officer	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere	officer: Vice Chairman	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H.	officer: Vice Chairman	U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark	officer: EVP and Controller	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn	officer: EVP, Strategy & Corp. Affairs	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402