Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory
Magna International Inc. (MGA) had Inventory Turnover of 8.07 for the most recently reported fiscal year, ending 2023-12-31.
| Income Statement Financials | |
$42.80B |
|
$1.21B |
|
$37.19B |
|
$5.61B |
|
$40.76B |
|
$2.04B |
|
$-432.00M |
|
$1.61B |
|
$1.61B |
|
$1.29B |
|
$1.29B |
|
$1.29B |
|
$1.29B |
|
$2.04B |
|
$3.63B |
|
286.20M |
|
286.60M |
|
$4.24 |
|
$4.23 |
|
| Balance Sheet Financials | |
$14.04B |
|
$9.62B |
|
$18.22B |
|
$32.26B |
|
$13.23B |
|
$4.17B |
|
$6.74B |
|
$19.98B |
|
$12.28B |
|
$8.63B |
|
$12.28B |
|
286.55M |
|
| Cash Flow Statement Financials | |
$3.15B |
|
$-4.50B |
|
$1.34B |
|
$1.23B |
|
$1.20B |
|
$-36.00M |
|
-- |
|
$-596.00M |
|
-- |
|
| Fundamental Metrics & Ratios | |
1.06 |
|
-- |
|
-- |
|
0.25 |
|
0.45 |
|
13.11% |
|
4.76% |
|
4.76% |
|
8.47% |
|
3.75% |
|
2.83% |
|
$723.00M |
|
-- |
|
-- |
|
-- |
|
1.33 |
|
|
Inventory Turnover |
8.07 |
5.43 |
|
67.21 |
|
10.47% |
|
14.89% |
|
3.99% |
|
7.82% |
|
$42.84 |
|
$2.52 |
|
$10.99 |
|