Forvia SE (XPAR:FRVIA) Change In Inventory : €-135 Mil (TTM As of Dec. 2023)

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What is Forvia SE Change In Inventory?

Forvia SE's change in inventory for the quarter that ended in Dec. 2023 was €155 Mil. It means Forvia SE's inventory declined by €155 Mil from Jun. 2023 to Dec. 2023 .

Forvia SE's change in inventory for the fiscal year that ended in Dec. 2023 was €-135 Mil. It means Forvia SE's inventory increased by €135 Mil from Dec. 2022 to Dec. 2023 .

Forvia SE's Total Inventories for the quarter that ended in Dec. 2023 was €2,904 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forvia SE's Days Inventory for the quarter that ended in Dec. 2023 was 46.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forvia SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.95.

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. Forvia SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Forvia SE Change In Inventory Historical Data

The historical data trend for Forvia SE'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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Forvia SE Change In Inventory Chart

Forvia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-27.00

-137.30

-203.00

-154.10

-135.10

Forvia SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															14.20	-149.30	-4.80	-290.00	154.90

Forvia SE 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-135 Mil.

Forvia SE (XPAR:FRVIA) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2989.6	/	11814.4	*	365 / 2
	=	46.18

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

Forvia SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11814.4	/	2989.6
	=	3.95

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.

Forvia SE's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2989.6	/	13627.3
	=	0.22

Forvia SE Change In Inventory Related Terms

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Forvia SE (XPAR:FRVIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forvia SE (XPAR:FRVIA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FURCF:USA 1FRVIA:Italy FRVIAp:UK 0MGR:UK FAU:Germany

Address

23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000

Website

https://www.faurecia.com

Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

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