Brookfield Business (Brookfield Business) Change In Inventory : $-68 Mil (TTM As of Mar. 2024)

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What is Brookfield Business Change In Inventory?

Brookfield Business's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Brookfield Business's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Brookfield Business's change in inventory for the fiscal year that ended in Dec. 2023 was $-86 Mil. It means Brookfield Business's inventory increased by $86 Mil from Dec. 2022 to Dec. 2023 .

Brookfield Business's Total Inventories for the quarter that ended in Mar. 2024 was $59 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brookfield Business's Days Inventory for the quarter that ended in Mar. 2024 was 3.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brookfield Business's Inventory Turnover for the quarter that ended in Mar. 2024 was 27.53.

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. Brookfield Business's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Brookfield Business Change In Inventory Historical Data

The historical data trend for Brookfield Business'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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Brookfield Business Change In Inventory Chart

Brookfield Business Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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33.00

127.00

114.00

-67.00

-86.00

Brookfield Business Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial												-18.00	-55.00	-3.00	-10.00	-

Brookfield Business 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68 Mil.

Brookfield Business (NYSE:BBUC) Change In Inventory Explanation

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

Brookfield Business's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	60	/	1652	*	365 / 4
	=	3.31

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

Brookfield Business's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1652	/	60
	=	27.53

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.

Brookfield Business's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	60	/	1865
	=	0.03

Brookfield Business Change In Inventory Related Terms

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Brookfield Business (Brookfield Business) Business Description

Industry

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BBUC:Canada

Address

1055 West Georgia Street, Suite 1500, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.bbu.brookfield.com

Brookfield Business Corp is a company established as a vehicle that owns and operates certain services and industrial operations on a global basis and an alternative vehicle for investors who prefer investing in its operations through a corporate structure. Its goal is to generate returns through long-term capital appreciation with a modest distribution yield.