Rocket Internet SE (Rocket Internet SE) Inventory Turnover : 56.84 (As of Dec. 2020)

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What is Rocket Internet SE 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. Rocket Internet SE's Cost of Goods Sold for the six months ended in Dec. 2020 was $48.2 Mil. Rocket Internet SE's Average Total Inventories for the quarter that ended in Dec. 2020 was $0.8 Mil. Rocket Internet SE's Inventory Turnover for the quarter that ended in Dec. 2020 was 56.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rocket Internet SE's Days Inventory for the six months ended in Dec. 2020 was 3.21.

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. Rocket Internet SE's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.01.

Rocket Internet SE Inventory Turnover Historical Data

The historical data trend for Rocket Internet SE'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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Rocket Internet SE Inventory Turnover Chart

Rocket Internet SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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38.92

248.92

447.41

63.09

4.75

Rocket Internet SE Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Dec21
Inventory Turnover	Get a 7-Day Free Trial												68.39	384.39	43.24	56.84	-

Rocket Internet SE Inventory Turnover Calculation

Rocket Internet SE's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	54.237	/ (	(1.582	+	21.243)	/	2 )
=	54.237	/	11.4125
=	4.75

Rocket Internet SE's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

	Inventory Turnover (Q: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2020 )	/ (	(Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Dec. 2020 ))	/	count )
=	48.175	/ (	(0.113	+	1.582)	/	2 )
=	48.175	/	0.8475
=	56.84

Rocket Internet SE (OTCPK:RCKZF) 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.

Rocket Internet SE's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	0.8475	/	48.175	*	365 / 2
	=	3.21

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.

Rocket Internet SE's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	0.8475	/	76.034
	=	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.

Rocket Internet SE Inventory Turnover Related Terms

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Rocket Internet SE (Rocket Internet SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Rocket Internet SE (OTCPK:RCKZF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Charlottenstrasse 4, Berlin, DEU, 10969

Website

https://www.rocket-internet.com

Rocket Internet SE is a Germany-based company which provides software solutions. The company identifies internet and mobile business models and builds these either independently or invests in already existing companies. The company targets mainly new, underserved or untapped markets, in which new companies will be scaled to market leadership positions. It is focused on online business models to satisfy consumer needs across eCommerce, marketplace and financial technology sectors. Rocket Internet has flexible and scalable technology platform, which enables realizing several new projects per year in its five target regions Europe, Africa and Middle-East, Asia-Pacific, Russia and Commonwealth of the Independent States and Latin America.

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