Frequentis AG (XTER:FQT) Inventory Turnover : 2.17 (As of Dec. 2023)

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What is Frequentis 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. Frequentis AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €61.1 Mil. Frequentis AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €28.2 Mil. Frequentis AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Frequentis AG's Days Inventory for the six months ended in Dec. 2023 was 84.17.

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. Frequentis AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Frequentis AG Inventory Turnover Historical Data

The historical data trend for Frequentis 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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Frequentis AG Inventory Turnover Chart

Frequentis AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.47

6.29

5.74

5.35

4.37

Frequentis AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial									2.95	1.78	2.41	1.54	2.17

Frequentis AG Inventory Turnover Calculation

Frequentis 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 )
=	101.086	/ (	(21.002	+	25.238)	/	2 )
=	101.086	/	23.12
=	4.37

Frequentis 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 )
=	61.073	/ (	(31.099	+	25.238)	/	2 )
=	61.073	/	28.1685
=	2.17

Frequentis AG (XTER:FQT) 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.

Frequentis AG's Days Inventory for the six 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
	=	28.1685	/	61.073	*	365 / 2
	=	84.17

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.

Frequentis 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 )
	=	28.1685	/	240.688
	=	0.12

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.

Frequentis AG Inventory Turnover Related Terms

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Frequentis AG (XTER:FQT) Business Description

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FQT:Austria

Address

Innovationstrasse 1, Vienna, AUT, 1100

Website

https://www.frequentis.com

Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

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