GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Renault SA (WBO:RNO) » Definitions » Change In Inventory

Renault (WBO:RNO) Change In Inventory : €266 Mil (TTM As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Renault Change In Inventory?

Renault's change in inventory for the quarter that ended in Dec. 2023 was €732 Mil. It means Renault's inventory declined by €732 Mil from Jun. 2023 to Dec. 2023 .

Renault's change in inventory for the fiscal year that ended in Dec. 2023 was €266 Mil. It means Renault's inventory declined by €266 Mil from Dec. 2022 to Dec. 2023 .

Renault's Total Inventories for the quarter that ended in Dec. 2023 was €4,924 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Renault's Days Inventory for the quarter that ended in Dec. 2023 was 48.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Renault's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.79.

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. Renault's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.


Renault Change In Inventory Historical Data

The historical data trend for Renault'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.

Renault Change In Inventory Chart

Renault 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 165.00 -112.00 920.00 -1,368.00 266.00

Renault 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 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 707.00 -914.00 -454.00 -466.00 732.00

Renault 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 €266 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.


Renault  (WBO:RNO) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=5296.5/20077*365 / 2
=48.15

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

Renault'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.

Renault'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.


Renault Change In Inventory Related Terms

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


Renault (WBO:RNO) Business Description

Address
13-15, quai Le Gallo, Boulogne, Billancourt, FRA, 92100
Renault possesses a global alliance of automotive manufacturing, financing, and sales operations. The company's alliance partners consist of Dacia (99.4%), Nissan (43.7%), Renault Samsung Motors (80.0%), and Mitsubishi (Nissan owns 34%). Total 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the alliance the fourth-largest vehicle group in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia at 6.8 million vehicles sold.

Renault (WBO:RNO) Headlines

No Headlines