Lanxess AG (XTER:LXS) Change In Inventory : €465 Mil (TTM As of Dec. 2023)

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What is Lanxess AG Change In Inventory?

Lanxess AG's change in inventory for the quarter that ended in Dec. 2023 was €115 Mil. It means Lanxess AG's inventory declined by €115 Mil from Sep. 2023 to Dec. 2023 .

Lanxess AG's change in inventory for the fiscal year that ended in Dec. 2023 was €465 Mil. It means Lanxess AG's inventory declined by €465 Mil from Dec. 2022 to Dec. 2023 .

Lanxess AG's Total Inventories for the quarter that ended in Dec. 2023 was €1,360 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lanxess AG's Days Inventory for the quarter that ended in Dec. 2023 was 108.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lanxess AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

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. Lanxess AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.00.

Lanxess AG Change In Inventory Historical Data

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

Lanxess AG Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

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Dec21

Dec22

Dec23

Change In Inventory

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85.00

73.00

-288.00

-403.00

465.00

Lanxess 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															131.00	-11.00	167.00	194.00	115.00

Lanxess 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 €465 Mil.

Lanxess AG (XTER:LXS) Change In Inventory Explanation

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

Lanxess 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
	=	1432	/	1204	*	365 / 4
	=	108.53

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1204	/	1432
	=	0.84

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1432	/	1436
	=	1.00

Lanxess AG Change In Inventory Related Terms

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Lanxess AG (XTER:LXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (XTER:LXS) » Definitions » Change In Inventory

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Traded in Other Exchanges

LNXSY:USA LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LX9B:Germany LXS:Germany LXS:Germany LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://www.lanxess.com

Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Executives

Frederique Van Baarle	Board of Directors
Oliver Stratmann	Board of Directors
Matthias Zachert	Board of Directors
Dr. Anno Borkowsky	Board of Directors
Dr. Hubert Fink	Board of Directors
Michael Pontzen	Board of Directors

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