Axon Enterprise (FRA:TCS) Change In Inventory : €-53 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Axon Enterprise Change In Inventory?

Axon Enterprise's change in inventory for the quarter that ended in Mar. 2024 was €-1 Mil. It means Axon Enterprise's inventory increased by €1 Mil from Dec. 2023 to Mar. 2024 .

Axon Enterprise's change in inventory for the fiscal year that ended in Dec. 2023 was €-66 Mil. It means Axon Enterprise's inventory increased by €66 Mil from Dec. 2022 to Dec. 2023 .

Axon Enterprise's Total Inventories for the quarter that ended in Mar. 2024 was €250 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axon Enterprise's Days Inventory for the quarter that ended in Mar. 2024 was 122.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Axon Enterprise's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.74.

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. Axon Enterprise's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

Axon Enterprise Change In Inventory Historical Data

The historical data trend for Axon Enterprise'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.

* Premium members only.

Axon Enterprise Change In Inventory Chart

Axon Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-4.41

-42.87

-16.17

-90.61

-65.93

Axon Enterprise 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															-14.77	-25.64	-14.97	-11.31	-0.65

Axon Enterprise 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 €-53 Mil.

Axon Enterprise (FRA:TCS) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	248.535	/	184.635	*	365 / 4
	=	122.83

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	184.635	/	248.535
	=	0.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	248.535	/	423.877
	=	0.59

Axon Enterprise Change In Inventory Related Terms

Thank you for viewing the detailed overview of Axon Enterprise's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Axon Enterprise (FRA:TCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (FRA:TCS) » Definitions » Change In Inventory

Comparable Companies

TXT HEI.A WWD CW HII HWM BWXT DRS HXL AVAV GE RTX XPAR:AIR LMT BA XPAR:SAF GD TDG NOC LSE:BA.

Traded in Other Exchanges

AXON:USA TCS:Germany

Address

17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website

https://investor.axon.com

Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.