Snap-on (BUE:SNA) Change In Inventory : ARS31,904 Mil (TTM As of Mar. 2024)

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What is Snap-on Change In Inventory?

Snap-on's change in inventory for the quarter that ended in Mar. 2024 was ARS18,619 Mil. It means Snap-on's inventory declined by ARS18,619 Mil from Dec. 2023 to Mar. 2024 .

Snap-on's change in inventory for the fiscal year that ended in Dec. 2023 was ARS8,411 Mil. It means Snap-on's inventory declined by ARS8,411 Mil from Dec. 2022 to Dec. 2023 .

Snap-on's Total Inventories for the quarter that ended in Mar. 2024 was ARS817,646 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snap-on's Days Inventory for the quarter that ended in Mar. 2024 was 103.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Snap-on's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.88.

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. Snap-on's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.55.

Snap-on Change In Inventory Historical Data

The historical data trend for Snap-on'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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Snap-on Change In Inventory Chart

Snap-on Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5,798.04

2,783.20

-7,614.65

-45,617.56

8,411.30

Snap-on Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-2,607.66	-48.00	-2,659.62	15,992.30	18,619.25

Snap-on 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 ARS31,904 Mil.

Snap-on (BUE:SNA) Change In Inventory Explanation

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

Snap-on's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	590388.082	/	519738.258	*	365 / 4
	=	103.65

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

Snap-on's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	519738.258	/	590388.082
	=	0.88

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.

Snap-on's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	590388.082	/	1080000.768
	=	0.55

Snap-on Change In Inventory Related Terms

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Snap-on (BUE:SNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Snap-on Inc (BUE:SNA) » Definitions » Change In Inventory

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Traded in Other Exchanges

SNA:USA SPU:Germany SPU:Germany S1NA34:Brazil

Address

2801 80th Street, Kenosha, WI, USA, 53143

Website

https://www.snapon.com

Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.