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ABB (FRA:ABJA) Change In Inventory : €10 Mil (TTM As of Sep. 2024)


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What is ABB Change In Inventory?

ABB's change in inventory for the quarter that ended in Sep. 2024 was €-102 Mil. It means ABB's inventory increased by €102 Mil from Jun. 2024 to Sep. 2024 .

ABB's change in inventory for the fiscal year that ended in Dec. 2023 was €-3 Mil. It means ABB's inventory increased by €3 Mil from Dec. 2022 to Dec. 2023 .

ABB's Total Inventories for the quarter that ended in Sep. 2024 was €5,907 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ABB's Days Inventory for the quarter that ended in Sep. 2024 was 117.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. ABB's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.

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. ABB's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.80.

ABB Change In Inventory Historical Data

The historical data trend for ABB'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.

ABB Change In Inventory Chart

ABB 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 -163.80 161.11 -682.34 -1,509.46 -2.75

ABB 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 11.24 398.90 -188.60 -98.47 -101.81

ABB 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 €10 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.

ABB  (FRA:ABJA) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=5859.8545/4536.535*365 / 4
=117.87

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

ABB's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4536.535 / 5859.8545
=0.77

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.

ABB's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=5859.8545 / 7344.051
=0.80

* 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.

ABB Change In Inventory Related Terms

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ABB Business Description

Industry
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XSWX:LAND XSWX:GAV XSWX:LECN SZSE:300750 XKRX:373220 BKK:DELTA VRT HAM:OSR TSE:6503 XPAR:LR HUBB SZSE:300274 SZSE:300124 MIL:PRY SZSE:300014 BOM:500093 NVT SHSE:603195 XKRX:006400 BOM:517354
Traded in Other Exchanges
ABLZF:USA ABBNY:USA ABB:Sweden ABBN:Mexico 0A6W:UK ABBNz:UK 0NX2:UK ABJA:Germany ABBNE:Switzerland ABBN:Switzerland
Address
Affolternstrasse 44, Zurich, CHE, 8050
Website
https://www.abb.com
ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 19 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

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