Deutsche Lufthansa AG (Deutsche Lufthansa AG) Inventory Turnover : 8.52 (As of Dec. 2023)

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What is Deutsche Lufthansa 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. Deutsche Lufthansa AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,561 Mil. Deutsche Lufthansa AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,004 Mil. Deutsche Lufthansa AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deutsche Lufthansa AG's Days Inventory for the three months ended in Dec. 2023 was 10.70.

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. Deutsche Lufthansa AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Deutsche Lufthansa AG Inventory Turnover Historical Data

The historical data trend for Deutsche Lufthansa 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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Deutsche Lufthansa AG Inventory Turnover Chart

Deutsche Lufthansa AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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31.83

21.13

23.79

35.29

34.73

Deutsche Lufthansa AG 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															8.97	8.46	9.44	9.32	8.52

Deutsche Lufthansa AG Inventory Turnover Calculation

Deutsche Lufthansa 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 )
=	32934.569	/ (	(851.695	+	1044.711)	/	2 )
=	32934.569	/	948.203
=	34.73

Deutsche Lufthansa 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	8560.523	/ (	(963.714	+	1044.711)	/	2 )
=	8560.523	/	1004.2125
=	8.52

Deutsche Lufthansa AG (OTCPK:DLAKF) 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.

Deutsche Lufthansa 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
	=	1004.2125	/	8560.523	*	365 / 4
	=	10.70

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.

Deutsche Lufthansa 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 )
	=	1004.2125	/	9553.98
	=	0.11

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.

Deutsche Lufthansa AG Inventory Turnover Related Terms

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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Deutsche Lufthansa AG (OTCPK:DLAKF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

DLAKY:USA LHA:Romania LHA:Italy LUFTHANSA:Hungary LHAd:UK 0H4A:UK LHA:Germany LHA:Austria

Address

Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546

Website

https://www.lufthansagroup.com

Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (Deutsche Lufthansa AG) Headlines

From GuruFocus

Lufthansa Group to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 15 May 2019

By PRNewswire PRNewswire • 05-13-2019