USU Software AG (LTS:0NEY) Inventory Turnover : 33.35 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is USU Software 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. USU Software AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €16.7 Mil. USU Software AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.5 Mil. USU Software AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 33.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. USU Software AG's Days Inventory for the three months ended in Dec. 2023 was 2.74.

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. USU Software AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

USU Software AG Inventory Turnover Historical Data

The historical data trend for USU Software 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.

USU Software AG Inventory Turnover Chart

USU Software AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

109.02

138.84

153.73

148.62

146.78

USU Software AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															36.39	33.03	31.35	31.94	33.35

USU Software AG Inventory Turnover Calculation

USU Software 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 )
=	67.521	/ (	(0.478	+	0.442)	/	2 )
=	67.521	/	0.46
=	146.78

USU Software AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	16.659	/ (	(0.557	+	0.442)	/	2 )
=	16.659	/	0.4995
=	33.35

USU Software AG (LTS:0NEY) 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.

USU Software AG's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.4995	/	16.659	*	365 / 4
	=	2.74

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.

USU Software AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.4995	/	34.264
	=	0.01

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.

USU Software AG Inventory Turnover Related Terms

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

USU Software AG (LTS:0NEY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » USU Software AG (LTS:0NEY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

OSP2:Germany

Address

Spitalhof, Moglingen, DEU, 71696

Website

https://www.usu.com

USU Software AG along with its subsidiaries provides IT and knowledge management software. The company organizes its operations into two main segments: Product Business and Service Business. The Product Business segment includes infrastructure management, service/change management, finance management, process management, and knowledge management. The Service Business segment encompasses consulting services for IT projects and individual application development. It derives the majority of its revenue from the Product Business segment. Its customers are based in Germany and operate in the fields of financial services, telecommunications, the automotive industry, consumer goods, services, and trade, as well as the public sector.

USU Software AG (LTS:0NEY) Headlines

No Headlines