GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aegion Corp (NAS:AEGN) » Definitions » Inventory Turnover

Aegion (Aegion) Inventory Turnover : 3.03 (As of Mar. 2021)


View and export this data going back to 2000. Start your Free Trial

What is Aegion 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. Aegion's Cost of Goods Sold for the three months ended in Mar. 2021 was $138.5 Mil. Aegion's Average Total Inventories for the quarter that ended in Mar. 2021 was $45.8 Mil. Aegion's Inventory Turnover for the quarter that ended in Mar. 2021 was 3.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aegion's Days Inventory for the three months ended in Mar. 2021 was 30.16.

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. Aegion's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.25.


Aegion Inventory Turnover Historical Data

The historical data trend for Aegion'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.

Aegion Inventory Turnover Chart

Aegion Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 16.79 12.83 11.98 11.98

Aegion Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.88 3.79 4.44 -0.72 3.03

Aegion Inventory Turnover Calculation

Aegion's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=611.305 / ((57.193 + 44.889) / 2 )
=611.305 / 51.041
=11.98

Aegion's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover (Q: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count )
=138.473 / ((44.889 + 46.655) / 2 )
=138.473 / 45.772
=3.03

* 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.


Aegion  (NAS:AEGN) 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.

Aegion's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=45.772/138.473*365 / 4
=30.16

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.

Aegion's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=45.772 / 181.191
=0.25

* 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.


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.


Aegion Inventory Turnover Related Terms

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


Aegion (Aegion) Business Description

Traded in Other Exchanges
N/A
Address
17988 Edison Avenue, Chesterfield, MO, USA, 63005-1195
Aegion Corp operates in the infrastructure protection and maintenance sector. The company has three segments. The infrastructure solutions segment primarily provides rehabilitation and maintenance services for infrastructure projects. The corrosion protection segment performs maintenance, rehabilitation, and corrosion protection services for oil and gas, industrial, and mineral piping systems and structures, in addition to supplying products for gas release and leak detection systems. The energy services segment provides engineering, procurement, construction, maintenance, and turnaround services, primarily for the oil and gas industry. The company generates the majority of its sales from the North American market.
Executives
Walter J Galvin director
Charles R. Gordon director, officer: President & CEO C/O INSITUFORM TECHNOLOGIES, INC. 17988 EDISON AVENUE CHESTERFIELD MO 63005
Mark Menghini officer: SVP, General Counsel & Sec. 17988 EDISON AVENUE CHESTERFIELD MO 63005
Phillip D Wright director 17988 EDISON AVE., CHESTERFIELD MO 63005
Morris Richard Smith director 1225 17TH STREET, SUITE 1300, DENVER CO 80202
John Heggemann officer: SVP, Controller & CAO 17988 EDISON AVENUE CHESTERFIELD MO 63005
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
David F Morris officer: EVP & Chief Financial Officer C/O INSITUFORM TECHNOLOGIES, INC. 17988 EDISON AVENUE CHESTERFIELD MO 63005
Stephanie A Cuskley director C/O INSITUFORM TECHNOLOGIES, INC. 17988 EDISON AVENUE CHESTERFIELD MO 63005
Kenneth L Young officer: SVP, Treasury and Tax C/O HUTTIG BUILDING PRODUCTS, INC. 555 MARYVILLE UNIVERSITY DRIVE, STE. 400 ST LOUIS MO 63141
Rhonda Germany Ballintyn director 17988 EDISON AVE, CHESTERFIELD MO 63005
Stephen P Callahan officer: SVP - Human Resources 17988 EDISON AVE. CHESTERFIELD MO 63005
Juanita H Hinshaw director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Alfred L Woods director C/O INSITUFORM TECHNOLOGIES, INC. 17988 EDISON AVENUE CHESTERFIELD MO 63005
Michael D White officer: SVP, CAO & Corp. Controller 17988 EDISON AVE, CHESTERFIELD MA 63005