Comerica (LTS:0I1P) Change In Inventory : $0 Mil (TTM As of Sep. 2024)

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What is Comerica Change In Inventory?

Comerica's change in inventory for the quarter that ended in Sep. 2024 was $0 Mil. It means Comerica's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Comerica's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Comerica's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Comerica's Total Inventories for the quarter that ended in Sep. 2024 was $0 Mil.

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

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

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. Comerica's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Comerica Change In Inventory Historical Data

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

Comerica Annual Data

Trend

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Change In Inventory

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Comerica 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															-	-	-	-	-

Comerica 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 $0 Mil.

Comerica (LTS:0I1P) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	811
	=	0.00

Comerica Change In Inventory Related Terms

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Comerica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Comerica Inc (LTS:0I1P) » Definitions » Change In Inventory

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Traded in Other Exchanges

CMA:USA CA3:Germany CA3:Germany C1MA34:Brazil

Address

1717 Main Street, Comerica Bank Tower, MC 6404, Dallas, TX, USA, 75201

Website

https://www.comerica.com

With assets of around $80 billion, Comerica is primarily a relationship-based commercial bank headquartered in Dallas. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada and Mexico.

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