Wagners Holding Co (ASX:WGN) Inventory Turnover : 2.64 (As of Jun. 2024)

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What is Wagners Holding Co 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. Wagners Holding Co's Cost of Goods Sold for the six months ended in Jun. 2024 was A$105.4 Mil. Wagners Holding Co's Average Total Inventories for the quarter that ended in Jun. 2024 was A$40.0 Mil. Wagners Holding Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wagners Holding Co's Days Inventory for the six months ended in Jun. 2024 was 69.26.

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. Wagners Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.18.

Wagners Holding Co Inventory Turnover Historical Data

The historical data trend for Wagners Holding Co'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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Wagners Holding Co Inventory Turnover Chart

Wagners Holding Co Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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5.24

5.92

4.12

4.98

5.75

Wagners Holding Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial									1.80	2.29	2.80	3.14	2.64

Wagners Holding Co Inventory Turnover Calculation

Wagners Holding Co's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	233.31	/ (	(41.255	+	39.866)	/	2 )
=	233.31	/	40.5605
=	5.75

Wagners Holding Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	105.419	/ (	(40.147	+	39.866)	/	2 )
=	105.419	/	40.0065
=	2.64

Wagners Holding Co (ASX:WGN) 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.

Wagners Holding Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	40.0065	/	105.419	*	365 / 2
	=	69.26

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.

Wagners Holding Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	40.0065	/	217.043
	=	0.18

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.

Wagners Holding Co Inventory Turnover Related Terms

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Wagners Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Wagners Holding Co Ltd (ASX:WGN) » Definitions » Inventory Turnover

Traded in Other Exchanges

0W7:Germany

Address

1511 Toowoomba-Cecil Plains Road, 11 Ballera Court, P.O. Box 151, Drayton North, Wellcamp, QLD, AUS, 4350

Website

https://www.wagner.com.au

Wagners Holding Co Ltd is an Australian construction materials provider. It produces and sells construction materials through its Composite Fibre Technologies and Earth Friendly Concrete business. It's segment includes Construction Materials, Project Services, Composite Fibre Technology, and Earth Friendly Concrete. The company generates the majority of its revenue from the Construction Materials segment, which supplies a range of construction materials predominantly to customers in the construction, infrastructure, and resources industries. key products include cement, flyash, ready-mix concrete, and precast concrete products. Its projects include roads and tunnels, bridges, airports, mining and gas plants, dams and others.

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