KraussMaffei Co (SHSE:600579) Inventory Turnover : 0.53 (As of Sep. 2023)

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What is KraussMaffei Co 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. KraussMaffei Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥2,207 Mil. KraussMaffei Co's Average Total Inventories for the quarter that ended in Sep. 2023 was ¥4,168 Mil. KraussMaffei Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KraussMaffei Co's Days Inventory for the three months ended in Sep. 2023 was 172.35.

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. KraussMaffei Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.59.

KraussMaffei Co Inventory Turnover Historical Data

The historical data trend for KraussMaffei Co'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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KraussMaffei Co Inventory Turnover Chart

KraussMaffei Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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2.91

2.89

3.19

3.27

2.64

KraussMaffei Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															0.52	0.78	0.57	0.62	0.53

KraussMaffei Co Inventory Turnover Calculation

KraussMaffei Co'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 )
=	8485.699	/ (	(2632.52	+	3791.178)	/	2 )
=	8485.699	/	3211.849
=	2.64

KraussMaffei Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	2206.557	/ (	(4178.53	+	4156.926)	/	2 )
=	2206.557	/	4167.728
=	0.53

KraussMaffei Co (SHSE:600579) 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.

KraussMaffei Co's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	4167.728	/	2206.557	*	365 / 4
	=	172.35

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.

KraussMaffei Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	4167.728	/	2621.802
	=	1.59

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.

KraussMaffei Co Inventory Turnover Related Terms

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KraussMaffei Co (SHSE:600579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KraussMaffei Co Ltd (SHSE:600579) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 62, Bei Sihuan West Road, Haidian District, Beijing, CHN, 100080

Website

http://www.kraussmaffei.ltd

KraussMaffei Co Ltd is engaged in research, development, design, manufacturing and after-sales service of equipment in chemical, petrochemical, coal chemical, metallurgy, non-ferrous metals, power and energy conservation and environmental protection, chemical instrumentation and automation complete control systems. The company's products include Injection Molding Machinery, Extrusion Technology, Reaction Process Machinery, Digital and Service Solutions, and Others.

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