thyssenkrupp AG (WBO:TKR) Change In Inventory : €1,137 Mil (TTM As of Dec. 2023)

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What is thyssenkrupp AG Change In Inventory?

thyssenkrupp AG's change in inventory for the quarter that ended in Dec. 2023 was €-531 Mil. It means thyssenkrupp AG's inventory increased by €531 Mil from Sep. 2023 to Dec. 2023 .

thyssenkrupp AG's change in inventory for the fiscal year that ended in Sep. 2023 was €1,191 Mil. It means thyssenkrupp AG's inventory declined by €1,191 Mil from Sep. 2022 to Sep. 2023 .

thyssenkrupp AG's Total Inventories for the quarter that ended in Dec. 2023 was €7,986 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. thyssenkrupp AG's Days Inventory for the quarter that ended in Dec. 2023 was 96.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. thyssenkrupp AG'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. thyssenkrupp AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.95.

thyssenkrupp AG Change In Inventory Historical Data

The historical data trend for thyssenkrupp AG'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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thyssenkrupp AG Change In Inventory Chart

thyssenkrupp AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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-376.00

1,132.00

-1,816.00

-1,570.00

1,191.00

thyssenkrupp AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-476.00	711.00	347.00	610.00	-531.00

thyssenkrupp AG 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 €1,137 Mil.

thyssenkrupp AG (WBO:TKR) Change In Inventory Explanation

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

thyssenkrupp AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7769.5	/	7384	*	365 / 4
	=	96.01

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

thyssenkrupp AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7384	/	7769.5
	=	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.

thyssenkrupp AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7769.5	/	8181
	=	0.95

thyssenkrupp AG Change In Inventory Related Terms

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thyssenkrupp AG (WBO:TKR) Business Description

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Traded in Other Exchanges

TYEKF:USA TKAMY:USA TKA:Italy THYSSENKRUPP:Hungary TKAd:UK 0O1C:UK TKA:Germany

Address

ThyssenKrupp Allee 1, Essen, NW, DEU, 45143

Website

https://www.thyssenkrupp.com

thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.