TE Connectivity's change in inventory for the quarter that ended in Mar. 2024 was $41 Mil. It means TE Connectivity's inventory
declined by $41 Mil
from Dec. 2023 to Mar. 2024 .
TE Connectivity's change in inventory for the fiscal year that ended in Sep. 2023 was $-45 Mil. It means TE Connectivity's inventory
increased by $45 Mil
from Sep. 2022 to Sep. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TE Connectivity's Days Inventory for the quarter that ended in Mar. 2024 was 96.84.
Inventory Turnover measures how fast the company turns over its inventory within a year.
TE Connectivity's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.94.
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.
TE Connectivity's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.
TE Connectivity Change In Inventory Historical Data
The historical data trend for TE Connectivity'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 $-13 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.
TE Connectivity (NYSE:TEL) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TE Connectivity'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.
TE Connectivity'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.
TE Connectivity Change In Inventory Related Terms
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TE Connectivity (TE Connectivity) Business Description
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.
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