TDK (TTDKY) Change In Inventory : $502 Mil (TTM As of Mar. 2024)

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What is TDK Change In Inventory?

TDK's change in inventory for the quarter that ended in Mar. 2024 was $109 Mil. It means TDK's inventory declined by $109 Mil from Dec. 2023 to Mar. 2024 .

TDK's change in inventory for the fiscal year that ended in Mar. 2024 was $487 Mil. It means TDK's inventory declined by $487 Mil from Mar. 2023 to Mar. 2024 .

TDK's Total Inventories for the quarter that ended in Mar. 2024 was $2,711 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TDK's Days Inventory for the quarter that ended in Mar. 2024 was 105.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. TDK's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.86.

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. TDK's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.85.

TDK Change In Inventory Historical Data

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

TDK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-189.07

-354.75

-914.47

89.49

486.92

TDK 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															310.25	145.68	108.80	138.73	108.78

TDK 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 $502 Mil.

TDK (OTCPK:TTDKY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2761.433	/	2384.938	*	365 / 4
	=	105.66

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2384.938	/	2761.433
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2761.433	/	3236.681
	=	0.85

TDK Change In Inventory Related Terms

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TDK (TTDKY) Business Description

Industry

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TTDKF:USA 6762:Japan TDK:Germany

Address

Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN

Website

http://www.tdk.co.jp

Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.