Kloeckner SE (STU:KCO) Inventory Turnover : 1.03 (As of Mar. 2024)

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What is Kloeckner 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. Kloeckner SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,440 Mil. Kloeckner SE's Average Total Inventories for the quarter that ended in Mar. 2024 was €1,393 Mil. Kloeckner SE's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kloeckner SE's Days Inventory for the three months ended in Mar. 2024 was 88.24.

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. Kloeckner SE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.

Kloeckner SE Inventory Turnover Historical Data

The historical data trend for Kloeckner 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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Kloeckner SE Inventory Turnover Chart

Kloeckner SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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4.52

4.30

4.31

4.19

3.82

Kloeckner SE 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															0.98	1.08	1.03	0.55	1.03

Kloeckner SE Inventory Turnover Calculation

Kloeckner SE'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 )
=	5799.348	/ (	(1633.497	+	1399.87)	/	2 )
=	5799.348	/	1516.6835
=	3.82

Kloeckner SE'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 )
=	1440.219	/ (	(1399.87	+	1385.441)	/	2 )
=	1440.219	/	1392.6555
=	1.03

Kloeckner SE (STU:KCO) 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.

Kloeckner SE'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
	=	1392.6555	/	1440.219	*	365 / 4
	=	88.24

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.

Kloeckner SE'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 )
	=	1392.6555	/	1737.126
	=	0.80

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.

Kloeckner SE Inventory Turnover Related Terms

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Kloeckner SE (STU:KCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kloeckner & Co SE (STU:KCO) » Definitions » Inventory Turnover

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0KVR:UK KCO:Germany KCO:Austria

Address

Am Silberpalais 1, Duisburg, DEU, 47057

Website

https://www.kloeckner.com

Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

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