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Stabilus SE (XTER:STM) Inventory Turnover : 1.32 (As of Sep. 2023)


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What is Stabilus SE 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. Stabilus SE's Cost of Goods Sold for the three months ended in Sep. 2023 was €228 Mil. Stabilus SE's Average Total Inventories for the quarter that ended in Sep. 2023 was €173 Mil. Stabilus SE's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stabilus SE's Days Inventory for the three months ended in Sep. 2023 was 69.36.

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. Stabilus SE's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.56.


Stabilus SE Inventory Turnover Historical Data

The historical data trend for Stabilus SE'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.

Stabilus SE Inventory Turnover Chart

Stabilus SE Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 5.98 5.62 5.39 5.19

Stabilus SE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.41 1.27 1.31 1.32 1.32

Stabilus SE Inventory Turnover Calculation

Stabilus SE'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 )
=894.061 / ((167.451 + 177.255) / 2 )
=894.061 / 172.353
=5.19

Stabilus SE'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 )
=227.713 / ((168.939 + 177.255) / 2 )
=227.713 / 173.097
=1.32

* 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.


Stabilus SE  (XTER:STM) 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.

Stabilus SE'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
=173.097/227.713*365 / 4
=69.36

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.

Stabilus SE'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 )
=173.097 / 307.478
=0.56

* 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.


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.


Stabilus SE Inventory Turnover Related Terms

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Stabilus SE (XTER:STM) Business Description

Traded in Other Exchanges
Address
Wallersheimer Weg 100, Koblenz, RP, DEU, 56070
Stabilus SE is a European manufacturer of industrial spare parts and tools. Its products comprise locking and non-locking gas springs, dampers, and electric motor drives for use in automobiles. The company's Majority of revenue contributor is Germany and operates across three geographical segments, namely EMEA, Americas, and APAC.
Executives
Dr. Michael Büchsner Board of Directors
Stefan Bauerreis Board of Directors
Mark Wilhelms Board of Directors