Hewlett Packard Enterprise Co (WBO:HPE) Change In Inventory : €-1,429 Mil (TTM As of Jan. 2024)

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What is Hewlett Packard Enterprise Co Change In Inventory?

Hewlett Packard Enterprise Co's change in inventory for the quarter that ended in Jan. 2024 was €-1,341 Mil. It means Hewlett Packard Enterprise Co's inventory increased by €1,341 Mil from Oct. 2023 to Jan. 2024 .

Hewlett Packard Enterprise Co's change in inventory for the fiscal year that ended in Oct. 2023 was €379 Mil. It means Hewlett Packard Enterprise Co's inventory declined by €379 Mil from Oct. 2022 to Oct. 2023 .

Hewlett Packard Enterprise Co's Total Inventories for the quarter that ended in Jan. 2024 was €5,553 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hewlett Packard Enterprise Co's Days Inventory for the quarter that ended in Jan. 2024 was 114.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hewlett Packard Enterprise Co's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.80.

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. Hewlett Packard Enterprise Co's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.80.

Hewlett Packard Enterprise Co Change In Inventory Historical Data

The historical data trend for Hewlett Packard Enterprise 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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Hewlett Packard Enterprise Co Change In Inventory Chart

Hewlett Packard Enterprise Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

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41.58

-447.95

-1,688.66

-723.70

378.80

Hewlett Packard Enterprise Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															459.36	261.74	-263.06	-86.18	-1,341.20

Hewlett Packard Enterprise 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,429 Mil.

Hewlett Packard Enterprise Co (WBO:HPE) Change In Inventory Explanation

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

Hewlett Packard Enterprise 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
	=	4957.9055	/	3945.564	*	365 / 4
	=	114.66

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

Hewlett Packard Enterprise Co's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3945.564	/	4957.9055
	=	0.80

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.

Hewlett Packard Enterprise Co's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4957.9055	/	6201.09
	=	0.80

Hewlett Packard Enterprise Co Change In Inventory Related Terms

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Hewlett Packard Enterprise Co (WBO:HPE) Business Description

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Traded in Other Exchanges

HPE:USA HPE:Mexico 1HPE:Italy 2HP:Germany H1PE34:Brazil

Address

1701 East Mossy Oaks Road, Spring, TX, USA, 77389

Website

https://www.hpe.com

Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.