Gestamp Automocion (FRA:7GA) Change In Inventory : €-64 Mil (TTM As of Mar. 2024)

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What is Gestamp Automocion Change In Inventory?

Gestamp Automocion's change in inventory for the quarter that ended in Mar. 2024 was €-86 Mil. It means Gestamp Automocion's inventory increased by €86 Mil from Dec. 2023 to Mar. 2024 .

Gestamp Automocion's change in inventory for the fiscal year that ended in Dec. 2023 was €22 Mil. It means Gestamp Automocion's inventory declined by €22 Mil from Dec. 2022 to Dec. 2023 .

Gestamp Automocion's Total Inventories for the quarter that ended in Mar. 2024 was €596 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gestamp Automocion's Days Inventory for the quarter that ended in Mar. 2024 was 26.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gestamp Automocion's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.50.

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. Gestamp Automocion's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.18.

Gestamp Automocion Change In Inventory Historical Data

The historical data trend for Gestamp Automocion'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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Gestamp Automocion Change In Inventory Chart

Gestamp Automocion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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30.24

126.79

-104.14

-166.24

22.41

Gestamp Automocion 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															-61.50	-79.92	-25.50	127.81	-86.20

Gestamp Automocion 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 €-64 Mil.

Gestamp Automocion (FRA:7GA) Change In Inventory Explanation

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

Gestamp Automocion's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	548.121	/	1921.1	*	365 / 4
	=	26.04

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

Gestamp Automocion's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1921.1	/	548.121
	=	3.50

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.

Gestamp Automocion's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	548.121	/	3049.3
	=	0.18

Gestamp Automocion Change In Inventory Related Terms

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Gestamp Automocion (FRA:7GA) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gestamp Automocion (FRA:7GA) » Definitions » Change In Inventory

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GESTN:Mexico GESTe:UK 0ROM:UK GEST:Spain 7GA:Germany

Address

Lebario Industrial Park, Abadino, ESP, 48220

Website

https://www.gestamp.com

Gestamp Automocion is a Spanish automobile components manufacturer. The activities of the group are focused on the design, development, and manufacturing of metal components for the automotive industry via stamping, tooling, assembly, welding, tailor welded blanks, die-cutting, and machinery. It generates the majority of its revenue from Parts, prototypes, and components; followed by Tooling; and Byproducts & containers. The company operates in the following geographical segments: Western Europe, Eastern Europe, Mercosur, North America, and Asia. It generates the highest revenue from the Western Europe segment.

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