JVCKenwood (JVCKenwood) Change In Inventory : $28 Mil (TTM As of Dec. 2023)

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What is JVCKenwood Change In Inventory?

JVCKenwood's change in inventory for the quarter that ended in Dec. 2023 was $24 Mil. It means JVCKenwood's inventory declined by $24 Mil from Sep. 2023 to Dec. 2023 .

JVCKenwood's change in inventory for the fiscal year that ended in Mar. 2024 was $72 Mil. It means JVCKenwood's inventory declined by $72 Mil from Mar. 2023 to Mar. 2024 .

JVCKenwood's Total Inventories for the quarter that ended in Dec. 2023 was $465 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JVCKenwood's Days Inventory for the quarter that ended in Dec. 2023 was 96.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. JVCKenwood's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.94.

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. JVCKenwood's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.74.

JVCKenwood Change In Inventory Historical Data

The historical data trend for JVCKenwood'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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JVCKenwood Change In Inventory Chart

JVCKenwood Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-26.77

42.60

-80.93

-69.68

71.52

JVCKenwood 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															33.95	-8.63	13.05	23.59	-

JVCKenwood 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 $28 Mil.

JVCKenwood (OTCPK:JVCZY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	475.571	/	448.148	*	365 / 4
	=	96.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	448.148	/	475.571
	=	0.94

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	475.571	/	642.812
	=	0.74

JVCKenwood Change In Inventory Related Terms

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JVCKenwood (JVCKenwood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JVCKenwood Corp (OTCPK:JVCZY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

6632:Japan JVC:Germany JVC:Germany

Address

3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022

Website

https://www.jvckenwood.com

JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

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