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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Aon's Cost of Goods Sold for the three months ended in Mar. 2025 was $2,249 Mil. Aon's Average Total Inventories for the quarter that ended in Mar. 2025 was $0 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aon's Days Inventory for the three months ended in Mar. 2025 was 0.00.
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. Aon's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.00.
The historical data trend for Aon's Inventory Turnover 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.
Aon Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Inventory Turnover | Get a 7-Day Free Trial |
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Aon Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Inventory Turnover | Get a 7-Day Free Trial |
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Aon's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as
Inventory Turnover (A: Dec. 2024 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (A: Dec. 2024 ) | / ( | (Total Inventories (A: Dec. 2023 ) | + | Total Inventories (A: Dec. 2024 )) | / | count ) |
= | 8283 | / ( | (0 | + | 0) | / | 1 ) |
= | 8283 | / | 0 | ||||
= | N/A |
Aon's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as
Inventory Turnover (Q: Mar. 2025 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (Q: Mar. 2025 ) | / ( | (Total Inventories (Q: Dec. 2024 ) | + | Total Inventories (Q: Mar. 2025 )) | / | count ) |
= | 2249 | / ( | (0 | + | 0) | / | 1 ) |
= | 2249 | / | 0 | ||||
= | N/A |
* 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.
Aon (NYSE:AON) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aon's Days Inventory for the three months ended in Mar. 2025 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2025 ) | / | Cost of Goods Sold (Q: Mar. 2025 ) | * | Days in Period |
= | 0 | / | 2249 | * | 365 / 4 | |
= | 0.00 |
2. 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.
Aon's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2025 ) | / | Revenue (Q: Mar. 2025 ) |
= | 0 | / | 4729 | |
= | 0.00 |
* 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.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Thank you for viewing the detailed overview of Aon's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Mindy F. Simon | officer: Chief Operating Officer | FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111 |
Lisa Stevens | officer: Chief People Officer | 200 EAST RANDOLPH, CHICAGO IL 60601 |
Byron Spruell | director | 200 EAST RANDOLPH ST., CHICAGO IL 60601 |
Darren Zeidel | officer: General Counsel | 200 EAST RANDOLPH ST., CHICAGO IL 60640 |
Lester B Knight | director | C/O AON CORP, 200 EAST RANDOLPH STREET, CHICAGO IL 60601 |
Eric Andersen | officer: CEO, Aon Benfield | 200 EAST RANDOLPH ST., CHICAGO IL 60601 |
Christa Davies | officer: EVP, Global Finance | AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601 |
Michael Neller | officer: Principal Accounting Officer | 200 EAST RANDOLPH ST., CHICAGO IL 60601 |
Sarah G Smith | director | C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282 |
Adriana Karaboutis | director | C/O BIOGEN IDEC INC., 225 BINNEY ST., CAMBRIDGE MA 02142 |
Jillian Slyfield | officer: Chief Innovation Officer | 200 E RANDOLPH ST., CHICAGO IL 60601 |
J Michael Losh | director | H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683 |
James Platt | officer: Chief Operating Officer | THE LEADENHALL BUILDING, 122 LEADENHALL ST., LONDON X0 EC3V 4AN |
John G Bruno | officer: Executive Vice President, CIO | |
Carolyn Y Woo | director | 801 E. 86TH AVENUE, MERRILLVILLE IN 4641- |
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