Opendoor Technologies (STU:25M) Change In Inventory : €179 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Opendoor Technologies Change In Inventory?

Opendoor Technologies's change in inventory for the quarter that ended in Mar. 2024 was €-105 Mil. It means Opendoor Technologies's inventory increased by €105 Mil from Dec. 2023 to Mar. 2024 .

Opendoor Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was €2,396 Mil. It means Opendoor Technologies's inventory declined by €2,396 Mil from Dec. 2022 to Dec. 2023 .

Opendoor Technologies's Total Inventories for the quarter that ended in Mar. 2024 was €1,731 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Opendoor Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 156.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Opendoor Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

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. Opendoor Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.55.

Opendoor Technologies Change In Inventory Historical Data

The historical data trend for Opendoor Technologies'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.

Opendoor Technologies Change In Inventory Chart

Opendoor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

15.30

685.55

-5,005.56

845.82

2,396.12

Opendoor Technologies Quarterly Data
	Dec18	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														2,153.80	879.62	-165.85	-430.07	-104.88

Opendoor Technologies 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 €179 Mil.

Opendoor Technologies (STU:25M) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1679.0975	/	981.64	*	365 / 4
	=	156.08

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	981.64	/	1679.0975
	=	0.58

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1679.0975	/	1086.52
	=	1.55

Opendoor Technologies Change In Inventory Related Terms

Thank you for viewing the detailed overview of Opendoor Technologies's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Opendoor Technologies (STU:25M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Opendoor Technologies Inc (STU:25M) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

OPEN:USA OPEN1:Mexico 25M:Germany

Address

410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85281

Website

https://www.opendoor.com

Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.

Opendoor Technologies (STU:25M) Headlines

No Headlines