elexxion AG (XTER:E8X) Inventory Turnover : 0.76 (As of Dec. 2022)

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What is elexxion 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. elexxion AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €0.38 Mil. elexxion AG's Average Total Inventories for the quarter that ended in Dec. 2022 was €0.50 Mil. elexxion AG's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. elexxion AG's Days Inventory for the six months ended in Dec. 2022 was 240.79.

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. elexxion AG's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 1.97.

elexxion AG Inventory Turnover Historical Data

The historical data trend for elexxion 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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elexxion AG Inventory Turnover Chart

elexxion AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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0.32

0.36

0.71

0.82

elexxion AG Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Inventory Turnover	Get a 7-Day Free Trial															0.49	0.43	0.34	0.01	0.76

elexxion AG Inventory Turnover Calculation

elexxion AG's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.385	/ (	(0.563	+	0.378)	/	2 )
=	0.385	/	0.4705
=	0.82

elexxion AG's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	0.382	/ (	(0.63	+	0.378)	/	2 )
=	0.382	/	0.504
=	0.76

elexxion AG (XTER:E8X) 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.

elexxion AG's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	0.504	/	0.382	*	365 / 2
	=	240.79

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.

elexxion AG's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	0.504	/	0.256
	=	1.97

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.

elexxion AG Inventory Turnover Related Terms

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elexxion AG (XTER:E8X) Business Description

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E8X:Germany

Address

Otto-Hahn-Strasse 7, Singen, DEU, 78224

Website

http://www.elexxion.de

elexxion AG is involved in the development of dental equipment in Germany. The company develops laser technology and advanced dental lasers for dental practitioners. Its products include elexxion pico, elexxion nano, perio green, elexxion pico lite perio green, and others.

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