Suedzucker AG (LTS:0G7B) Inventory Turnover : 0.70 (As of Aug. 2024)

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What is Suedzucker 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. Suedzucker AG's Cost of Goods Sold for the three months ended in Aug. 2024 was €1,797 Mil. Suedzucker AG's Average Total Inventories for the quarter that ended in Aug. 2024 was €2,573 Mil. Suedzucker AG's Inventory Turnover for the quarter that ended in Aug. 2024 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suedzucker AG's Days Inventory for the three months ended in Aug. 2024 was 130.65.

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. Suedzucker AG's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 1.01.

Suedzucker AG Inventory Turnover Historical Data

The historical data trend for Suedzucker 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.

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Suedzucker AG Inventory Turnover Chart

Suedzucker AG Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Inventory Turnover

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2.14

2.04

2.31

2.34

2.04

Suedzucker AG Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Inventory Turnover	Get a 7-Day Free Trial															0.61	-	-	-	0.70

Suedzucker AG Inventory Turnover Calculation

Suedzucker AG's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Feb. 2023 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	6804	/ (	(3161	+	3511)	/	2 )
=	6804	/	3336
=	2.04

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

	Inventory Turnover (Q: Aug. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2024 )	/ (	(Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )
=	1797	/ (	(2912	+	2234)	/	2 )
=	1797	/	2573
=	0.70

Suedzucker AG (LTS:0G7B) 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.

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

Days Inventory	=	Average Total Inventories (Q: Aug. 2024 )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
	=	2573	/	1797	*	365 / 4
	=	130.65

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	2573	/	2541
	=	1.01

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.

Suedzucker AG Inventory Turnover Related Terms

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Suedzucker AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suedzucker AG (LTS:0G7B) » Definitions » Inventory Turnover

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Traded in Other Exchanges

SUEZY:USA SUEZF:USA SZUd:UK SZU:Germany SZU:Austria

Address

Maximilianstrasse 10, Mannheim, DEU, 68165

Website

https://www.suedzucker.de

Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch, and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

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