Meyer Burger Technology AG (Meyer Burger Technology AG) Inventory Turnover : 0.60 (As of Dec. 2023)

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What is Meyer Burger Technology 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. Meyer Burger Technology AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $94.5 Mil. Meyer Burger Technology AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $157.4 Mil. Meyer Burger Technology AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meyer Burger Technology AG's Days Inventory for the six months ended in Dec. 2023 was 303.85.

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. Meyer Burger Technology AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.57.

Meyer Burger Technology AG Inventory Turnover Historical Data

The historical data trend for Meyer Burger Technology 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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Meyer Burger Technology AG Inventory Turnover Chart

Meyer Burger Technology AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.75

1.39

0.32

0.97

1.20

Meyer Burger Technology AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.24	0.57	0.56	0.49	0.60

Meyer Burger Technology AG Inventory Turnover Calculation

Meyer Burger Technology 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 )
=	168.651	/ (	(127.985	+	152.788)	/	2 )
=	168.651	/	140.3865
=	1.20

Meyer Burger Technology 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 )
=	94.517	/ (	(161.942	+	152.788)	/	2 )
=	94.517	/	157.365
=	0.60

Meyer Burger Technology AG (OTCPK:MYBRF) 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.

Meyer Burger Technology 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
	=	157.365	/	94.517	*	365 / 2
	=	303.85

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.

Meyer Burger Technology 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 )
	=	157.365	/	44.141
	=	3.57

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.

Meyer Burger Technology AG Inventory Turnover Related Terms

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Meyer Burger Technology AG (Meyer Burger Technology AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meyer Burger Technology AG (OTCPK:MYBRF) » Definitions » Inventory Turnover

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MBTNz:UK MBTN:Switzerland

Address

Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645

Website

https://www.meyerburger.com

Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, Specialized Technologies, Cells, and Modules. With its main focus on providing equipment for the solar industry, its proceeds come from the Photovoltaics segment. It covers the entire photovoltaic value chain comprising the processes involved in the conversion of sunlight into solar energy. In addition, the company also serves other markets such as optoelectronics and semiconductors, which are a part of its Specialized Technologies segment. Meyer sells its products world wide and derives a majority of its revenue from its Asian market.

Meyer Burger Technology AG (Meyer Burger Technology AG) Headlines

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