NatWest Group (NatWest Group) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is NatWest Group Change In Inventory?

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

NatWest Group's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means NatWest Group's inventory stayed the same from Dec. 2022 to Dec. 2023 .

NatWest Group's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

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

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

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. NatWest Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

NatWest Group Change In Inventory Historical Data

The historical data trend for NatWest Group'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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NatWest Group Change In Inventory Chart

NatWest Group Annual Data

Trend

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Change In Inventory

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NatWest Group 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															-	-	-	-	-

NatWest Group 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.

NatWest Group (NYSE:NWG) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4511.392
	=	0.00

NatWest Group Change In Inventory Related Terms

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NatWest Group (NatWest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NatWest Group PLC (NYSE:NWG) » Definitions » Change In Inventory

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Address

Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ

Website

https://www.natwestgroup.com

NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.