Saab AB (Saab AB) Change In Inventory : $-307 Mil (TTM As of Mar. 2024)

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What is Saab AB Change In Inventory?

Saab AB's change in inventory for the quarter that ended in Mar. 2024 was $-153 Mil. It means Saab AB's inventory increased by $153 Mil from Dec. 2023 to Mar. 2024 .

Saab AB's change in inventory for the fiscal year that ended in Dec. 2023 was $-262 Mil. It means Saab AB's inventory increased by $262 Mil from Dec. 2022 to Dec. 2023 .

Saab AB's Total Inventories for the quarter that ended in Mar. 2024 was $1,775 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saab AB's Days Inventory for the quarter that ended in Mar. 2024 was 146.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saab AB's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

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. Saab AB's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.25.

Saab AB Change In Inventory Historical Data

The historical data trend for Saab AB'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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Saab AB Change In Inventory Chart

Saab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-120.97

11.36

-145.22

-245.71

-262.34

Saab AB 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															-97.36	-78.37	-66.58	-8.68	-153.20

Saab AB 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 $-307 Mil.

Saab AB (OTCPK:SAABF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1705.912	/	1066.149	*	365 / 4
	=	146.01

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1066.149	/	1705.912
	=	0.62

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1705.912	/	1362.462
	=	1.25

Saab AB Change In Inventory Related Terms

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Saab AB (Saab AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (OTCPK:SAABF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SAABY:USA SAAB B:Sweden SAABB:Mexico 0GWL:UK SDV:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

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