Andritz AG (Andritz AG) Inventory Turnover : 0.77 (As of Mar. 2024)

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

What is Andritz AG Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Andritz AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $997 Mil. Andritz AG's Average Total Inventories for the quarter that ended in Mar. 2024 was $1,293 Mil. Andritz AG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Andritz AG's Days Inventory for the three months ended in Mar. 2024 was 118.38.

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. Andritz AG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Andritz AG Inventory Turnover Historical Data

The historical data trend for Andritz AG's Inventory Turnover 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.

Andritz AG Inventory Turnover Chart

Andritz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

3.85

4.78

3.84

3.74

4.13

Andritz AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.85	0.95	0.94	1.14	0.77

Andritz AG Inventory Turnover Calculation

Andritz AG's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	5107.525	/ (	(1202.86	+	1270.774)	/	2 )
=	5107.525	/	1236.817
=	4.13

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	996.522	/ (	(1270.774	+	1314.891)	/	2 )
=	996.522	/	1292.8325
=	0.77

Andritz AG (OTCPK:ADRZF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Andritz AG's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1292.8325	/	996.522	*	365 / 4
	=	118.38

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1292.8325	/	2050.435
	=	0.63

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Andritz AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Andritz AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Andritz AG (Andritz AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Andritz AG (OTCPK:ADRZF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

ADRZY:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic ANDR:Austria

Address

Stattegger Strasse 18, Graz, AUT, 8045

Website

https://www.andritz.com

Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

Andritz AG (Andritz AG) Headlines

From GuruFocus

Bernard Horn Gains 2 Holdings, Cuts 3 Others

By Sydnee Gatewood Sydnee Gatewood • 12-20-2016

Bernard Horn Comments on Andritz AG

By Holly LaFon Holly LaFon • 07-18-2019

Bestinver 2nd Quarter Investor Letter

By Holly LaFon Holly LaFon • 08-02-2019

Bestinver Comments on Andritz

By Holly LaFon Holly LaFon • 08-07-2019