Volkswagen AG (XTER:VOW3) Change In Inventory : €-2,071 Mil (TTM As of Dec. 2023)

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What is Volkswagen AG Change In Inventory?

Volkswagen AG's change in inventory for the quarter that ended in Dec. 2023 was €4,303 Mil. It means Volkswagen AG's inventory declined by €4,303 Mil from Sep. 2023 to Dec. 2023 .

Volkswagen AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-2,071 Mil. It means Volkswagen AG's inventory increased by €2,071 Mil from Dec. 2022 to Dec. 2023 .

Volkswagen AG's Total Inventories for the quarter that ended in Dec. 2023 was €51,953 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Volkswagen AG's Days Inventory for the quarter that ended in Dec. 2023 was 70.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Volkswagen AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.29.

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. Volkswagen AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.

Volkswagen AG Change In Inventory Historical Data

The historical data trend for Volkswagen 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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Volkswagen AG Change In Inventory Chart

Volkswagen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-674.00

1,334.00

2,110.00

-8,385.00

-2,071.00

Volkswagen 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															-1,782.00	-4,754.00	-4,161.00	2,541.00	4,303.00

Volkswagen 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 €-2,071 Mil.

Volkswagen AG (XTER:VOW3) Change In Inventory Explanation

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

Volkswagen 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
	=	54444.5	/	70485	*	365 / 4
	=	70.48

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	70485	/	54444.5
	=	1.29

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54444.5	/	87182
	=	0.62

Volkswagen AG Change In Inventory Related Terms

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Volkswagen AG (XTER:VOW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (XTER:VOW3) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

VWAPY:USA VLKPF:USA VWAGY:USA VLKAF:USA VOW:Poland VOW3N:Mexico VOW3:Italy VOLKSWAGEN:Hungary VOW3d:UK 0P6O:UK 0P6N:UK VOW:Germany VOW:Czech Republic VOW:Austria

Address

Berliner Ring 2, Wolfsburg, NI, DEU, 38440

Website

https://www.volkswagenag.com

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Executives

Oliver Blume

Board of Directors

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