Xerium Technologies (Xerium Technologies) Inventory Turnover : 1.02 (As of Jun. 2018)

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What is Xerium Technologies 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. Xerium Technologies's Cost of Goods Sold for the three months ended in Jun. 2018 was $76.3 Mil. Xerium Technologies's Average Total Inventories for the quarter that ended in Jun. 2018 was $74.6 Mil. Xerium Technologies's Inventory Turnover for the quarter that ended in Jun. 2018 was 1.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xerium Technologies's Days Inventory for the three months ended in Jun. 2018 was 89.25.

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. Xerium Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.60.

Xerium Technologies Inventory Turnover Historical Data

The historical data trend for Xerium Technologies'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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Xerium Technologies Inventory Turnover Chart

Xerium Technologies Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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4.18

3.91

3.72

4.12

4.07

Xerium Technologies Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Inventory Turnover	Get a 7-Day Free Trial															0.95	0.95	1.02	1.04	1.02

Xerium Technologies Inventory Turnover Calculation

Xerium Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	296.199	/ (	(70.822	+	74.725)	/	2 )
=	296.199	/	72.7735
=	4.07

Xerium Technologies's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

	Inventory Turnover (Q: Jun. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2018 )	/ (	(Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )
=	76.31	/ (	(76.647	+	72.63)	/	2 )
=	76.31	/	74.6385
=	1.02

Xerium Technologies (NYSE:XRM) 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.

Xerium Technologies's Days Inventory for the three months ended in Jun. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2018 )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
	=	74.6385	/	76.31	*	365 / 4
	=	89.25

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.

Xerium Technologies's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2018 )	/	Revenue (Q: Jun. 2018 )
	=	74.6385	/	125.284
	=	0.60

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.

Xerium Technologies Inventory Turnover Related Terms

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Xerium Technologies (Xerium Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xerium Technologies Inc (NYSE:XRM) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Website

http://www.xerium.com

Xerium Technologies Inc is a manufacturer and supplier of specially engineered consumable products used primarily in the production of paper, paperboard, and specific industrial applications. The company operates in two business segment that are Machine Clothing and Roll Covers. Roughly 80% of revenues are split evenly between North America and Europe.

Executives

Mitchell I Quain	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John F Mcgovern	director	3231 SE SIXTH AVENUE, TOPEKA KS 66607
Carl Marks Management Co L P /ny/	other: Former 10% owner	900 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022-4775
April Hoxie Foley	director	7480 FLYING CLOUD DRIVE, MINNEAPOLIS MN 55344-3720
James Forbes Wilson	director	C/O CARL MARKS MANAGEMENT COMPANY, L.P., 900 THIRD AVENUE - 33RD FLOOR, NEW YORK NY 10022
Alexander Toeldte	director	1111 WEST JEFFERSON STREET, P O BOX 50, BOISE ID 83728
American Securities Associates V, Llc	10 percent owner	C/O AMERICAN SECURITIES LLC, THE CHRYSLER CENTER, 666 THIRD AVENUE, NEW YORK NY 10017
American Securities Llc	10 percent owner	590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
American Securities Partners V (c) L.p.	10 percent owner	C/O AMERICAN SECURITIES LLC, THE CHRYSLER CENTER, 666 THIRD AVENUE, NEW YORK NY 10017
American Securities Partners V, L.p.	10 percent owner	666 Third Avenue, 29th Floor, New York NY 10017
American Securities Partners V(b), L.p.	10 percent owner	666 Third Avenue, 29th Floor, New York NY 10017
Harold C Bevis	director, officer: President & CEO	8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Tocqueville Asset Management L.p.	10 percent owner	40 WEST 57TH STREET, 19TH FLOOR, NEW YORK NY 10019
Bloss David A Sr	director	N49 W13650 CAMBELL DRIVE, MENOMONEE FALLS WI 53051
Apax Europe Iv Gp Co Ltd	10 percent owner	15 PORTLAND PLACE, LONDON UK X0 W1B 1PT