Adient (FRA:18I) Change In Inventory : €93 Mil (TTM As of Mar. 2024)

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What is Adient Change In Inventory?

Adient's change in inventory for the quarter that ended in Mar. 2024 was €25 Mil. It means Adient's inventory declined by €25 Mil from Dec. 2023 to Mar. 2024 .

Adient's change in inventory for the fiscal year that ended in Sep. 2023 was €118 Mil. It means Adient's inventory declined by €118 Mil from Sep. 2022 to Sep. 2023 .

Adient's Total Inventories for the quarter that ended in Mar. 2024 was €728 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adient's Days Inventory for the quarter that ended in Mar. 2024 was 21.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adient's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.34.

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. Adient's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.22.

Adient Change In Inventory Historical Data

The historical data trend for Adient'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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Adient Change In Inventory Chart

Adient Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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7.26

66.22

-223.55

-62.62

118.06

Adient 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															55.11	36.00	5.62	26.59	24.84

Adient 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 €93 Mil.

Adient (FRA:18I) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	745.7905	/	3238.4	*	365 / 4
	=	21.01

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3238.4	/	745.7905
	=	4.34

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	745.7905	/	3450
	=	0.22

Adient Change In Inventory Related Terms

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Adient (FRA:18I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Adient PLC (FRA:18I) » Definitions » Change In Inventory

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ADNT:USA

Address

3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104

Website

https://www.adient.com

Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.

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