The ODP (FRA:ODP1) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is The ODP Change In Inventory?

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

The ODP's change in inventory for the fiscal year that ended in Dec. 2023 was €43 Mil. It means The ODP's inventory declined by €43 Mil from Dec. 2022 to Dec. 2023 .

The ODP's Total Inventories for the quarter that ended in Mar. 2024 was €674 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The ODP's Days Inventory for the quarter that ended in Mar. 2024 was 46.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. The ODP's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.95.

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. The ODP's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

The ODP Change In Inventory Historical Data

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

The ODP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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12.60

62.47

30.98

12.27

43.10

The ODP 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															-	-	-	-	-

The ODP 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 €0 Mil.

The ODP (FRA:ODP1) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	687.9325	/	1344.12	*	365 / 4
	=	46.70

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1344.12	/	687.9325
	=	1.95

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	687.9325	/	1721.32
	=	0.40

The ODP Change In Inventory Related Terms

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The ODP (FRA:ODP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The ODP Corp (FRA:ODP1) » Definitions » Change In Inventory

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ODP:USA

Address

6600 North Military Trail, Boca Raton, FL, USA, 33496

Website

https://www.officedepot.com

The ODP Corp is a provider of business services and supplies, products, and digital workplace technology solutions to small, medium-sized and enterprise businesses. The operating business segments are ODP Business Solutions Division; Office Depot Division; Veyer Division and Varis Division. It generates maximum revenue from the Veyer Division segment. The Veyer Division specializes in B2B and consumer business service delivery, with core competencies in distribution, fulfillment, transportation, global sourcing, and purchasing.

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