Adler Group (XTER:ADJ) Inventory Turnover : 0.29 (As of Dec. 2023)

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What is Adler Group 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. Adler Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €167.5 Mil. Adler Group's Average Total Inventories for the quarter that ended in Dec. 2023 was €568.5 Mil. Adler Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adler Group's Days Inventory for the three months ended in Dec. 2023 was 309.67.

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. Adler Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.65.

Adler Group Inventory Turnover Historical Data

The historical data trend for Adler Group'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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Adler Group Inventory Turnover Chart

Adler Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.45

0.38

0.85

1.10

0.74

Adler Group 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															0.50	0.11	0.21	0.10	0.29

Adler Group Inventory Turnover Calculation

Adler Group'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 )
=	442.884	/ (	(678.572	+	515.467)	/	2 )
=	442.884	/	597.0195
=	0.74

Adler Group'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 )
=	167.509	/ (	(621.462	+	515.467)	/	2 )
=	167.509	/	568.4645
=	0.29

Adler Group (XTER:ADJ) 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.

Adler Group'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
	=	568.4645	/	167.509	*	365 / 4
	=	309.67

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.

Adler Group'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 )
	=	568.4645	/	155.734
	=	3.65

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.

Adler Group Inventory Turnover Related Terms

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Adler Group (XTER:ADJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adler Group SA (XTER:ADJ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

1ADJ:Italy 0RA1:UK ADJ:Austria

Address

55 Allée Scheffer, Grand Duchy of Luxembourg, LUX, L-2520

Website

https://ir.adler-group.com

Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate with a portfolio of residential and commercial units. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas in Northern, Eastern, and Western Germany, such as Berlin.

Executives

Dr. Artur Stefan Kirsten	Chairman of the Board of Directors
Sven-christian Frank	Chief Legal Officer
Maximilian Rienecker	Co-CEO

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