MTU Aero Engines AG (XTER:MTX) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

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What is MTU Aero Engines AG Change In Inventory?

MTU Aero Engines AG's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means MTU Aero Engines AG's inventory stayed the same from Jun. 2023 to Dec. 2023 .

MTU Aero Engines AG's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means MTU Aero Engines AG's inventory stayed the same from Dec. 2022 to Dec. 2023 .

MTU Aero Engines AG's Total Inventories for the quarter that ended in Dec. 2023 was €1,580 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTU Aero Engines AG's Days Inventory for the quarter that ended in Dec. 2023 was 105.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTU Aero Engines AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.74.

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. MTU Aero Engines AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

MTU Aero Engines AG Change In Inventory Historical Data

The historical data trend for MTU Aero Engines 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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MTU Aero Engines AG Change In Inventory Chart

MTU Aero Engines AG Annual Data

Trend

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Change In Inventory

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MTU Aero Engines AG Semi-Annual Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MTU Aero Engines 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 €0 Mil.

MTU Aero Engines AG (XTER:MTX) Change In Inventory Explanation

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

MTU Aero Engines 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
	=	1539	/	2674	*	365 / 2
	=	105.04

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2674	/	1539
	=	1.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1539	/	2270
	=	0.68

MTU Aero Engines AG Change In Inventory Related Terms

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MTU Aero Engines AG (XTER:MTX) Business Description

Industry

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Traded in Other Exchanges

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Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

Executives

Dr. Silke Maurer	Board of Directors
Peter Kameritsch	Board of Directors
Michael Schreyoegg	Board of Directors
Thomas Dautl	Supervisory Board
Dr. Rainer Martens	Supervisory Board