Akzo Nobel NV (WBO:AKZO) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Akzo Nobel NV Change In Inventory?

Akzo Nobel NV's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Akzo Nobel NV's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Akzo Nobel NV's change in inventory for the fiscal year that ended in Dec. 2023 was €131 Mil. It means Akzo Nobel NV's inventory declined by €131 Mil from Dec. 2022 to Dec. 2023 .

Akzo Nobel NV's Total Inventories for the quarter that ended in Mar. 2024 was €1,779 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akzo Nobel NV's Days Inventory for the quarter that ended in Mar. 2024 was 100.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Akzo Nobel NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.91.

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. Akzo Nobel NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.

Akzo Nobel NV Change In Inventory Historical Data

The historical data trend for Akzo Nobel NV'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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Akzo Nobel NV Change In Inventory Chart

Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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9.00

-84.00

-439.00

-134.00

131.00

Akzo Nobel NV 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															-	-	-	-	-

Akzo Nobel NV 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Akzo Nobel NV (WBO:AKZO) Change In Inventory Explanation

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

Akzo Nobel NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1714	/	1553	*	365 / 4
	=	100.71

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

Akzo Nobel NV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1553	/	1714
	=	0.91

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.

Akzo Nobel NV's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1714	/	2640
	=	0.65

Akzo Nobel NV Change In Inventory Related Terms

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Akzo Nobel NV (WBO:AKZO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (WBO:AKZO) » Definitions » Change In Inventory

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AKZOY:USA AKZOF:USA AKZA:Netherlands AKZAa:UK 0LND:UK AKU1:Germany

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

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