EVN AG (WBO:EVN) Inventory Turnover : 3.67 (As of Dec. 2023)

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What is EVN 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. EVN AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €519 Mil. EVN AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €141 Mil. EVN AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EVN AG's Days Inventory for the three months ended in Dec. 2023 was 24.86.

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. EVN AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

EVN AG Inventory Turnover Historical Data

The historical data trend for EVN 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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EVN AG Inventory Turnover Chart

EVN AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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13.41

14.26

19.02

19.65

13.47

EVN 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															3.39	2.37	2.86	3.74	3.67

EVN AG Inventory Turnover Calculation

EVN AG's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	2319.5	/ (	(206.8	+	137.7)	/	2 )
=	2319.5	/	172.25
=	13.47

EVN 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 )
=	519	/ (	(137.7	+	145.1)	/	2 )
=	519	/	141.4
=	3.67

EVN AG (WBO:EVN) 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.

EVN 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
	=	141.4	/	519	*	365 / 4
	=	24.86

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.

EVN 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 )
	=	141.4	/	909.1
	=	0.16

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.

EVN AG Inventory Turnover Related Terms

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EVN AG (WBO:EVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EVN AG (WBO:EVN) » Definitions » Inventory Turnover

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Traded in Other Exchanges

EVNv:UK 0EEI:UK EVN:Germany

Address

EVN Platz, Maria Enzersdorf, AUT, A-2344

Website

https://www.evn.at

EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.

Executives

Friedrich Bußlehner

Supervisory Board