Vitesco Technologies Group AG (XTER:VTSC) Change In Inventory : €-53 Mil (TTM As of Dec. 2023)

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What is Vitesco Technologies Group AG Change In Inventory?

Vitesco Technologies Group AG's change in inventory for the quarter that ended in Dec. 2023 was €84 Mil. It means Vitesco Technologies Group AG's inventory declined by €84 Mil from Sep. 2023 to Dec. 2023 .

Vitesco Technologies Group AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-53 Mil. It means Vitesco Technologies Group AG's inventory increased by €53 Mil from Dec. 2022 to Dec. 2023 .

Vitesco Technologies Group AG's Total Inventories for the quarter that ended in Dec. 2023 was €825 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vitesco Technologies Group AG's Days Inventory for the quarter that ended in Dec. 2023 was 42.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vitesco Technologies Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.14.

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. Vitesco Technologies Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.

Vitesco Technologies Group AG Change In Inventory Historical Data

The historical data trend for Vitesco Technologies Group 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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Vitesco Technologies Group AG Change In Inventory Chart

Vitesco Technologies Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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10.10

33.60

-221.60

-32.70

-53.00

Vitesco Technologies Group AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial												86.20	-142.40	21.80	-16.00	83.60

Vitesco Technologies Group 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 €-53 Mil.

Vitesco Technologies Group AG (XTER:VTSC) Change In Inventory Explanation

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

Vitesco Technologies Group 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
	=	879.35	/	1885.8	*	365 / 4
	=	42.55

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1885.8	/	879.35
	=	2.14

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	879.35	/	2278
	=	0.39

Vitesco Technologies Group AG Change In Inventory Related Terms

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Vitesco Technologies Group AG (XTER:VTSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (XTER:VTSC) » Definitions » Change In Inventory

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VTSCF:USA VTSCY:USA 0AAF:UK VTS:Germany VTS:Germany VTSC:Germany VTSC:Austria

Address

Siemensstrase 12, Regensburg, BY, DEU, 93055

Website

https://www.vitesco-technologies.com

Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Executives

Ingo Holstein	Board of Directors
Werner Volz	Board of Directors
Andreas Wolf	Board of Directors
Klaus Hau	Board of Directors
Thomas Stierle	Board of Directors
Prof. Dr. Hans-jörg Bullinger	Supervisory Board
Joachim Hirsch	Supervisory Board
Prof. Siegfried Wolf	Supervisory Board

Vitesco Technologies Group AG (XTER:VTSC) Headlines

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