gategroup Holding AG (gategroup Holding AG) Inventory Turnover

: 24.76 (As of Dec. 2019)

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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. gategroup Holding AG's Cost of Goods Sold for the six months ended in Dec. 2019 was $3,923.37 Mil. gategroup Holding AG's Average Total Inventories for the quarter that ended in Dec. 2019 was $158.47 Mil. gategroup Holding AG's Inventory Turnover for the quarter that ended in Dec. 2019 was 24.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. gategroup Holding AG's Days Inventory for the six months ended in Dec. 2019 was 7.37.

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. gategroup Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.03.

gategroup Holding AG Inventory Turnover Historical Data

The historical data trend for gategroup Holding 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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gategroup Holding AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Inventory Turnover

24.05

23.38

24.38

22.15

24.76

gategroup Holding AG Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Inventory Turnover								24.05	23.38	24.38	22.15	24.76

gategroup Holding AG Inventory Turnover Calculation

gategroup Holding AG's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	3923.367	/ (	(169.876	+	147.059)	/	2 )
=	3923.367	/	158.4675
=	24.76

gategroup Holding AG's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

	Inventory Turnover (Q: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )
=	3923.367	/ (	(169.876	+	147.059)	/	2 )
=	3923.367	/	158.4675
=	24.76

gategroup Holding AG (OTCPK:GGRUY) 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.

gategroup Holding AG's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	Days in Period
	=	158.4675	/	3923.367	*	365 / 2
	=	7.37

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.

gategroup Holding AG's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	158.4675	/	5050.682
	=	0.03

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.

gategroup Holding AG Inventory Turnover Related Terms

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gategroup Holding AG (gategroup Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » gategroup Holding AG (OTCPK:GGRUY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sagereistrasse 20, Glattbrugg, CHE, CH-8152

Website

http://www.gategroup.com

gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.

gategroup Holding AG (gategroup Holding AG) Headlines

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