Linde (LTS:0M2B) Change In Inventory : €-88 Mil (TTM As of Mar. 2024)

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What is Linde Change In Inventory?

Linde's change in inventory for the quarter that ended in Mar. 2024 was €-25 Mil. It means Linde's inventory increased by €25 Mil from Dec. 2023 to Mar. 2024 .

Linde's change in inventory for the fiscal year that ended in Dec. 2023 was €-116 Mil. It means Linde's inventory increased by €116 Mil from Dec. 2022 to Dec. 2023 .

Linde's Total Inventories for the quarter that ended in Mar. 2024 was €1,932 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Linde's Days Inventory for the quarter that ended in Mar. 2024 was 45.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Linde's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.00.

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. Linde's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Linde Change In Inventory Historical Data

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

Linde Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-72.90

14.80

-114.17

-327.57

-116.46

Linde 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															-55.11	-24.00	-37.48	-1.83	-24.84

Linde 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 €-88 Mil.

Linde (LTS:0M2B) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1935.7275	/	3878.72	*	365 / 4
	=	45.54

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3878.72	/	1935.7275
	=	2.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1935.7275	/	7452
	=	0.26

Linde Change In Inventory Related Terms

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Linde (LTS:0M2B) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde PLC (LTS:0M2B) » Definitions » Change In Inventory

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LIN:USA LIN:Germany LIN:Germany LIN:Germany LIN:Germany LINI:Austria

Address

10 Riverview Drive, Danbury, CT, USA, 06810

Website

https://www.linde.com

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.

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