SFS Group AG (XSWX:SFSN) Inventory Turnover : 1.12 (As of Dec. 2023)

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What is SFS Group 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. SFS Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF649 Mil. SFS Group AG's Average Total Inventories for the quarter that ended in Dec. 2023 was CHF581 Mil. SFS Group AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SFS Group AG's Days Inventory for the six months ended in Dec. 2023 was 163.29.

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. SFS Group AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

SFS Group AG Inventory Turnover Historical Data

The historical data trend for SFS Group 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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SFS Group AG Inventory Turnover Chart

SFS Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.87

1.94

1.90

2.31

2.26

SFS Group 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															0.92	1.01	1.08	1.10	1.12

SFS Group AG Inventory Turnover Calculation

SFS Group 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 )
=	1333.5	/ (	(630.6	+	550.9)	/	2 )
=	1333.5	/	590.75
=	2.26

SFS Group 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 )
=	648.8	/ (	(610.1	+	550.9)	/	2 )
=	648.8	/	580.5
=	1.12

SFS Group AG (XSWX:SFSN) 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.

SFS Group 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
	=	580.5	/	648.8	*	365 / 2
	=	163.29

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.

SFS Group 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 )
	=	580.5	/	1521.1
	=	0.38

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.

SFS Group AG Inventory Turnover Related Terms

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SFS Group AG (XSWX:SFSN) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SFS Group AG (XSWX:SFSN) » Definitions » Inventory Turnover

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SFSNz:UK 0QW8:UK

Address

Rosenbergsaustrasse 8, Heerbrugg, CHE, 9435

Website

https://www.sfs.com

SFS Group AG is a company, which is engaged in the development, manufacturing, and marketing of fastening systems and precision formed components under the SFS intec, Unisteel and Tegra Medical brands. It serves customers from diverse industries such as automotive, construction, aircraft, electronics, and transportation. The company operates through three segments: Engineered Components, Fastening Systems, and Distribution and Logistics. The business of the group can be seen across the region of North America, Europe, and Asia.

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