Knorr-Bremse AG (XTER:KBX) Change In Inventory : €-119 Mil (TTM As of Dec. 2023)

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What is Knorr-Bremse AG Change In Inventory?

Knorr-Bremse AG's change in inventory for the quarter that ended in Dec. 2023 was €407 Mil. It means Knorr-Bremse AG's inventory declined by €407 Mil from Sep. 2023 to Dec. 2023 .

Knorr-Bremse AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-119 Mil. It means Knorr-Bremse AG's inventory increased by €119 Mil from Dec. 2022 to Dec. 2023 .

Knorr-Bremse AG's Total Inventories for the quarter that ended in Dec. 2023 was €1,134 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Knorr-Bremse AG's Days Inventory for the quarter that ended in Dec. 2023 was 108.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Knorr-Bremse AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.84.

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. Knorr-Bremse AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.

Knorr-Bremse AG Change In Inventory Historical Data

The historical data trend for Knorr-Bremse AG'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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Knorr-Bremse AG Change In Inventory Chart

Knorr-Bremse AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-57.87

-25.57

-115.11

-493.71

-118.59

Knorr-Bremse AG 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															295.31	-442.18	-54.37	-28.76	406.71

Knorr-Bremse AG 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 €-119 Mil.

Knorr-Bremse AG (XTER:KBX) Change In Inventory Explanation

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

Knorr-Bremse AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1192.2885	/	1002.218	*	365 / 4
	=	108.56

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

Knorr-Bremse AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1002.218	/	1192.2885
	=	0.84

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.

Knorr-Bremse AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1192.2885	/	2069.407
	=	0.58

Knorr-Bremse AG Change In Inventory Related Terms

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Knorr-Bremse AG (XTER:KBX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Knorr-Bremse AG (XTER:KBX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

KNBHF:USA KNRRY:USA KBX:Mexico KBXd:UK

Address

Moosacher Strasse 80, Munich, BY, DEU, 80809

Website

https://www.knorr-bremse.com

Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific.

Executives

Frank Markus Weber	Board of Directors
Dr. Nicolas Lange	Board of Directors
Marc Llistosella	Board of Directors
Bernd Spies	Board of Directors
Dr. Claudia Mayfeld	Board of Directors
Dr. Jürgen Wilder	Board of Directors
Dr. Jan Michael Mrosik	Board of Directors

Knorr-Bremse AG (XTER:KBX) Headlines

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