Verbio SE (XTER:VBK) Inventory Turnover : 1.21 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Verbio 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. Verbio SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €337 Mil. Verbio SE's Average Total Inventories for the quarter that ended in Dec. 2023 was €277 Mil. Verbio SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verbio SE's Days Inventory for the three months ended in Dec. 2023 was 75.11.

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. Verbio SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.66.

Verbio SE Inventory Turnover Historical Data

The historical data trend for Verbio 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.

Verbio SE Inventory Turnover Chart

Verbio SE Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

Get a 7-Day Free Trial

11.43

9.49

8.37

8.76

7.39

Verbio SE 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															1.73	1.41	1.43	1.50	1.21

Verbio SE Inventory Turnover Calculation

Verbio SE's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	1586.368	/ (	(169.335	+	260.278)	/	2 )
=	1586.368	/	214.8065
=	7.39

Verbio SE'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 )
=	336.867	/ (	(263.877	+	290.722)	/	2 )
=	336.867	/	277.2995
=	1.21

Verbio SE (XTER:VBK) 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.

Verbio SE'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
	=	277.2995	/	336.867	*	365 / 4
	=	75.11

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.

Verbio SE'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 )
	=	277.2995	/	420.749
	=	0.66

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.

Verbio SE Inventory Turnover Related Terms

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

Verbio SE (XTER:VBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Verbio SE (XTER:VBK) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

VBVBF:USA 1VBK:Italy

Address

Ritterstrasse 23, Leipzig, ST, DEU, 04109

Website

https://www.verbio.de

Verbio SE is a Germany-based company that produces and distributes biofuels. The company's products include verbiodiesel, verbioethanol, verbigas, and verbioglycerine. It also provides high-quality components made from sustainably produced biomass for the feed and food industry.

Executives

Stefan Schreiber	Board of Directors
Ulrike Krämer	Supervisory Board
Theodor Niesmann	Board of Directors
Prof. Dr. Oliver Lüdtke	Board of Directors
Claus Sauter	Board of Directors
Dr. Klaus Niemann	Supervisory Board
Herr Alexander Von Witzleben	Supervisory Board