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Mercedes-Benz Group AG (BSE:DAI) Change In Inventory : lei-2,725 Mil (TTM As of Sep. 2024)


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What is Mercedes-Benz Group AG Change In Inventory?

Mercedes-Benz Group AG's change in inventory for the quarter that ended in Sep. 2024 was lei-455 Mil. It means Mercedes-Benz Group AG's inventory increased by lei455 Mil from Jun. 2024 to Sep. 2024 .

Mercedes-Benz Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was lei-13,728 Mil. It means Mercedes-Benz Group AG's inventory increased by lei13,728 Mil from Dec. 2022 to Dec. 2023 .

Mercedes-Benz Group AG's Total Inventories for the quarter that ended in Sep. 2024 was lei147,412 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mercedes-Benz Group AG's Days Inventory for the quarter that ended in Sep. 2024 was 92.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mercedes-Benz Group AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.99.

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. Mercedes-Benz Group AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.83.


Mercedes-Benz Group AG Change In Inventory Historical Data

The historical data trend for Mercedes-Benz Group 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.

* Premium members only.

Mercedes-Benz Group AG Change In Inventory Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 506.68 11,425.74 -13,329.24 -20,059.24 -13,728.06

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,709.39 10,216.93 -9,392.56 -3,093.91 -454.99

Mercedes-Benz Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-2,725 Mil.

* 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.


Mercedes-Benz Group AG  (BSE:DAI) Change In Inventory Explanation

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

Mercedes-Benz Group 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
=146794.899/144759.155*365 / 4
=92.53

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

Mercedes-Benz Group AG's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Mercedes-Benz Group AG's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=146794.899 / 176516.602
=0.83

* 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.


Mercedes-Benz Group AG Change In Inventory Related Terms

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Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

Mercedes-Benz Group AG Headlines

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