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Altech Advanced Materials AG (XTER:AMA) Inventory Turnover : 0.00 (As of Dec. 2023)


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What is Altech Advanced Materials 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. Altech Advanced Materials AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.40 Mil. Altech Advanced Materials AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altech Advanced Materials AG's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Altech Advanced Materials AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Altech Advanced Materials AG Inventory Turnover Historical Data

The historical data trend for Altech Advanced Materials 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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Altech Advanced Materials AG Inventory Turnover Chart

Altech Advanced Materials AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
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Altech Advanced Materials AG Quarterly Data
Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Altech Advanced Materials AG Inventory Turnover Calculation

Altech Advanced Materials 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 )
=0.569 / ((0 + 0) / 1 )
=0.569 / 0
=N/A

Altech Advanced Materials 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=0.402 / ((0 + 0) / 1 )
=0.402 / 0
=N/A

* 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.


Altech Advanced Materials AG  (XTER:AMA) 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.

Altech Advanced Materials 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
=0/0.402*365 / 4
=0.00

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.

Altech Advanced Materials 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 / 0.055
=0.00

* 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.


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.


Altech Advanced Materials AG Inventory Turnover Related Terms

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Altech Advanced Materials AG (XTER:AMA) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstrasse 3, Heidelberg, BW, DEU, 69120
Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.

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