The Swatch Group AG (The Swatch Group AG) Change In Inventory : $-787 Mil (TTM As of Dec. 2023)

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What is The Swatch Group AG Change In Inventory?

The Swatch Group AG's change in inventory for the quarter that ended in Dec. 2023 was $-308 Mil. It means The Swatch Group AG's inventory increased by $308 Mil from Jun. 2023 to Dec. 2023 .

The Swatch Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was $-807 Mil. It means The Swatch Group AG's inventory increased by $807 Mil from Dec. 2022 to Dec. 2023 .

The Swatch Group AG's Total Inventories for the quarter that ended in Dec. 2023 was $8,452 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Swatch Group AG's Days Inventory for the quarter that ended in Dec. 2023 was 1,312.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Swatch Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.14.

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. The Swatch Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.84.

The Swatch Group AG Change In Inventory Historical Data

The historical data trend for The Swatch Group AG'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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The Swatch Group AG Change In Inventory Chart

The Swatch Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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21.37

416.48

-20.63

-588.24

-807.12

The Swatch Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															17.37	-274.17	-302.71	-479.79	-307.59

The Swatch Group AG 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 semi-annually data reported by the company within the most recent 12 months, which was $-787 Mil.

The Swatch Group AG (OTCPK:SWGNF) Change In Inventory Explanation

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

The Swatch Group AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	8216.8365	/	1142.461	*	365 / 2
	=	1,312.58

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

The Swatch Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1142.461	/	8216.8365
	=	0.14

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.

The Swatch Group AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8216.8365	/	4473.867
	=	1.84

The Swatch Group AG Change In Inventory Related Terms

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The Swatch Group AG (The Swatch Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGNF) » Definitions » Change In Inventory

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Traded in Other Exchanges

SWGAY:USA SWGAF:USA UHRNz:UK UHRz:UK 0QJV:UK UHRA:Germany UHRN:Switzerland UHR:Switzerland

Address

Seevorstadt 6, Bienne, CHE, 2501

Website

https://www.swatchgroup.com

Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

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