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Pirelli & C SpA (Pirelli & C SpA) Change In Inventory : $51 Mil (TTM As of Dec. 2023)


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What is Pirelli & C SpA Change In Inventory?

Pirelli & C SpA's change in inventory for the quarter that ended in Dec. 2023 was $-24 Mil. It means Pirelli & C SpA's inventory increased by $24 Mil from Sep. 2023 to Dec. 2023 .

Pirelli & C SpA's change in inventory for the fiscal year that ended in Dec. 2023 was $32 Mil. It means Pirelli & C SpA's inventory declined by $32 Mil from Dec. 2022 to Dec. 2023 .

Pirelli & C SpA's Total Inventories for the quarter that ended in Dec. 2023 was $1,495 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pirelli & C SpA's Days Inventory for the quarter that ended in Dec. 2023 was 270.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pirelli & C SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.34.

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. Pirelli & C SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.91.


Pirelli & C SpA Change In Inventory Historical Data

The historical data trend for Pirelli & C SpA'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.

Pirelli & C SpA Change In Inventory Chart

Pirelli & C SpA 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 31.44 171.10 -251.41 -362.63 31.93

Pirelli & C SpA 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 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 -20.16 31.97 43.58 -24.25 -

Pirelli & C SpA 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 $51 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.


Pirelli & C SpA  (OTCPK:PLLIF) Change In Inventory Explanation

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

Pirelli & C SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1481.745/498.984*365 / 4
=270.97

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

Pirelli & C SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Pirelli & C SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Pirelli & C SpA Change In Inventory Related Terms

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Pirelli & C SpA (Pirelli & C SpA) Business Description

Traded in Other Exchanges
Address
Viale Piero e Alberto Pirelli n. 25, Milan, ITA, 20126
Pirelli & C SpA designs develop, manufactures, and markets tires - for motor vehicles, industrial vehicles, and motorcycles. The company is focused on Prestige and Premium segments. Geographically it derives the majority revenue from Europe and Turkey.

Pirelli & C SpA (Pirelli & C SpA) Headlines

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