Iveco Group NV (MIL:IVG) Change In Inventory : €0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Iveco Group NV Change In Inventory?

Iveco Group NV's change in inventory for the quarter that ended in Dec. 2023 was €0 Mil. It means Iveco Group NV's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Iveco Group NV's change in inventory for the fiscal year that ended in Dec. 2023 was €-97 Mil. It means Iveco Group NV's inventory increased by €97 Mil from Dec. 2022 to Dec. 2023 .

Iveco Group NV's Total Inventories for the quarter that ended in Dec. 2023 was €2,868 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iveco Group NV's Days Inventory for the quarter that ended in Dec. 2023 was 74.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iveco Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.23.

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. Iveco Group NV's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.69.

Iveco Group NV Change In Inventory Historical Data

The historical data trend for Iveco Group NV'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.

* Premium members only.

Iveco Group NV Change In Inventory Chart

Iveco Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-496.00

-219.00

-97.00

Iveco Group NV Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Iveco Group NV 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 €0 Mil.

Iveco Group NV (MIL:IVG) Change In Inventory Explanation

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

Iveco Group NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3359	/	4131	*	365 / 4
	=	74.20

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

Iveco Group NV's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4131	/	3359
	=	1.23

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.

Iveco Group NV's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3359	/	4877
	=	0.69

Iveco Group NV Change In Inventory Related Terms

Thank you for viewing the detailed overview of Iveco Group NV's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Iveco Group NV (MIL:IVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Iveco Group NV (MIL:IVG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

IVCGF:USA IVGm:UK R3D:Germany

Address

Via Puglia n. 35, Turin, ITA, 10156

Website

https://www.ivecogroup.com

Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.

Iveco Group NV (MIL:IVG) Headlines

No Headlines