Baker Hughes Co's change in inventory for the quarter that ended in Mar. 2024 was $-265 Mil. It means Baker Hughes Co's inventory
increased by $265 Mil
from Dec. 2023 to Mar. 2024 .
Baker Hughes Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-461 Mil. It means Baker Hughes Co's inventory
increased by $461 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Baker Hughes Co's Days Inventory for the quarter that ended in Mar. 2024 was 92.61.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Baker Hughes Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.
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.
Baker Hughes Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.
Baker Hughes Co Change In Inventory Historical Data
The historical data trend for Baker Hughes Co'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.
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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-461 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.
Baker Hughes Co (NAS:BKR) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Baker Hughes Co's Days Inventory for the quarter that ended in 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.
Baker Hughes Co's Inventory to Revenue for the quarter that ended in Mar. 2024 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.
Baker Hughes Co Change In Inventory Related Terms
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Baker Hughes Co (Baker Hughes Co) Business Description
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.
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