AUTO1 Group (CHIX:AG1D) Inventory Turnover : 2.43 (As of Mar. 2024)

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What is AUTO1 Group 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. AUTO1 Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,291 Mil. AUTO1 Group's Average Total Inventories for the quarter that ended in Mar. 2024 was €531 Mil. AUTO1 Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AUTO1 Group's Days Inventory for the three months ended in Mar. 2024 was 37.52.

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. AUTO1 Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

AUTO1 Group Inventory Turnover Historical Data

The historical data trend for AUTO1 Group'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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AUTO1 Group Inventory Turnover Chart

AUTO1 Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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13.73

11.12

10.96

10.07

8.49

AUTO1 Group Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.63	2.84	2.40	2.20	2.43

AUTO1 Group Inventory Turnover Calculation

AUTO1 Group'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 )
=	4934.947	/ (	(617.573	+	544.38)	/	2 )
=	4934.947	/	580.9765
=	8.49

AUTO1 Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	1291.394	/ (	(544.38	+	517.593)	/	2 )
=	1291.394	/	530.9865
=	2.43

AUTO1 Group (CHIX:AG1d) 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.

AUTO1 Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	530.9865	/	1291.394	*	365 / 4
	=	37.52

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.

AUTO1 Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	530.9865	/	1454.341
	=	0.37

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.

AUTO1 Group Inventory Turnover Related Terms

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AUTO1 Group (CHIX:AG1D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AUTO1 Group (CHIX:AG1d) » Definitions » Inventory Turnover

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Traded in Other Exchanges

ATOGF:USA 0A9L:UK AG1:Germany AG1:Austria

Address

Bergmannstrabe 72, Berlin, DEU, 10961

Website

https://www.auto1-group.com

AUTO1 Group is a digital automotive platform for buying and selling used cars online. It offers a quick and easy way for consumers and professional car dealers across continental Europe to sell and buy used cars at haggle-free prices through established platforms. Its operating segments are Merchant and Retail. In the Merchant segment, used cars are sold to commercial car dealers via thier own brand AUTO1.com. Merchant revenue also includes auction fees, fees for logistics services and all other fees in connection with the provision of vehicles to the dealers. The Retail segment is focused on the sale of used cars to private customers under the Autohero brand. Majority of revenue is generated from Merchant segment.

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