Pfeiffer Vacuum Technology AG (XTER:PFV) Inventory Turnover : 0.65 (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Pfeiffer Vacuum Technology 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. Pfeiffer Vacuum Technology AG's Cost of Goods Sold for the three months ended in Sep. 2023 was €156.1 Mil. Pfeiffer Vacuum Technology AG's Average Total Inventories for the quarter that ended in Sep. 2023 was €241.0 Mil. Pfeiffer Vacuum Technology AG's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pfeiffer Vacuum Technology AG's Days Inventory for the three months ended in Sep. 2023 was 140.84.

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. Pfeiffer Vacuum Technology AG's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.00.

Pfeiffer Vacuum Technology AG Inventory Turnover Historical Data

The historical data trend for Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG Inventory Turnover Chart

Pfeiffer Vacuum Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

3.44

3.19

3.07

3.32

2.86

Pfeiffer Vacuum Technology AG 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															0.64	0.66	0.62	0.63	0.65

Pfeiffer Vacuum Technology AG Inventory Turnover Calculation

Pfeiffer Vacuum Technology AG'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 )
=	587.456	/ (	(162.178	+	248.993)	/	2 )
=	587.456	/	205.5855
=	2.86

Pfeiffer Vacuum Technology AG'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 )
=	156.133	/ (	(244.044	+	237.93)	/	2 )
=	156.133	/	240.987
=	0.65

Pfeiffer Vacuum Technology AG (XTER:PFV) 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.

Pfeiffer Vacuum Technology AG'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
	=	240.987	/	156.133	*	365 / 4
	=	140.84

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.

Pfeiffer Vacuum Technology AG'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 )
	=	240.987	/	241.111
	=	1.00

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.

Pfeiffer Vacuum Technology AG Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Pfeiffer Vacuum Technology AG's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pfeiffer Vacuum Technology AG (XTER:PFV) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PFFVF:USA 1PFV:Italy 0FQR:UK

Address

Berliner Strasse 43, Asslar, HE, DEU, 35614

Website

https://group.pfeiffer-vacuum.com

Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

No Headlines