EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Inventory Turnover : 2.94 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is EnBW Energie Baden-Wuerttemberg 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. EnBW Energie Baden-Wuerttemberg AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €8,342 Mil. EnBW Energie Baden-Wuerttemberg AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €2,842 Mil. EnBW Energie Baden-Wuerttemberg AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EnBW Energie Baden-Wuerttemberg AG's Days Inventory for the three months ended in Dec. 2023 was 31.08.

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. EnBW Energie Baden-Wuerttemberg AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

EnBW Energie Baden-Wuerttemberg AG Inventory Turnover Historical Data

The historical data trend for EnBW Energie Baden-Wuerttemberg 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.

* Premium members only.

EnBW Energie Baden-Wuerttemberg AG Inventory Turnover Chart

EnBW Energie Baden-Wuerttemberg AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

13.59

12.66

15.01

16.71

10.72

EnBW Energie Baden-Wuerttemberg 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															3.33	3.31	2.58	2.23	2.94

EnBW Energie Baden-Wuerttemberg AG Inventory Turnover Calculation

EnBW Energie Baden-Wuerttemberg 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 )
=	35223.9	/ (	(3809.1	+	2764.3)	/	2 )
=	35223.9	/	3286.7
=	10.72

EnBW Energie Baden-Wuerttemberg 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 )
=	8342.2	/ (	(2919	+	2764.3)	/	2 )
=	8342.2	/	2841.65
=	2.94

EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) 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.

EnBW Energie Baden-Wuerttemberg 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
	=	2841.65	/	8342.2	*	365 / 4
	=	31.08

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.

EnBW Energie Baden-Wuerttemberg 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 )
	=	2841.65	/	9775.8
	=	0.29

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.

EnBW Energie Baden-Wuerttemberg AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of EnBW Energie Baden-Wuerttemberg AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

EBK:Germany EBK:Germany

Address

Durlacher Allee 93, Karlsruhe, BW, DEU, 76131

Website

https://www.enbw.com

EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.