Schaeffler AG (WBO:SHA) Change In Inventory : €-10 Mil (TTM As of Dec. 2023)

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What is Schaeffler AG Change In Inventory?

Schaeffler AG's change in inventory for the quarter that ended in Dec. 2023 was €136 Mil. It means Schaeffler AG's inventory declined by €136 Mil from Sep. 2023 to Dec. 2023 .

Schaeffler AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-9 Mil. It means Schaeffler AG's inventory increased by €9 Mil from Dec. 2022 to Dec. 2023 .

Schaeffler AG's Total Inventories for the quarter that ended in Dec. 2023 was €2,808 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schaeffler AG's Days Inventory for the quarter that ended in Dec. 2023 was 81.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Schaeffler AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.11.

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. Schaeffler AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.72.

Schaeffler AG Change In Inventory Historical Data

The historical data trend for Schaeffler 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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Schaeffler AG Change In Inventory Chart

Schaeffler AG Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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77.00

142.00

-552.00

-275.00

-9.00

Schaeffler AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															121.00	-151.00	-13.00	18.00	136.00

Schaeffler 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 quarterly data reported by the company within the most recent 12 months, which was €-10 Mil.

Schaeffler AG (WBO:SHA) Change In Inventory Explanation

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

Schaeffler 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
	=	2894.5	/	3224	*	365 / 4
	=	81.92

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3224	/	2894.5
	=	1.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2894.5	/	4044
	=	0.72

Schaeffler AG Change In Inventory Related Terms

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Schaeffler AG (WBO:SHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler AG (WBO:SHA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SCFLF:USA 1SHA:Italy SHAd:UK 0RBK:UK SHA:Germany

Address

Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074

Website

https://www.schaeffler.com

Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

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