Fraport AG (CHIX:FRAD) Inventory Turnover : 37.40 (As of Sep. 2024)

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What is Fraport 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. Fraport AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €948 Mil. Fraport AG's Average Total Inventories for the quarter that ended in Sep. 2024 was €25 Mil. Fraport AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 37.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fraport AG's Days Inventory for the three months ended in Sep. 2024 was 2.44.

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. Fraport AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.02.

Fraport AG Inventory Turnover Historical Data

The historical data trend for Fraport 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.

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Fraport AG Inventory Turnover Chart

Fraport AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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108.85

93.48

88.13

103.48

110.99

Fraport AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															29.12	22.01	29.86	35.31	37.40

Fraport AG Inventory Turnover Calculation

Fraport AG'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 )
=	2969.1	/ (	(25.5	+	28)	/	2 )
=	2969.1	/	26.75
=	110.99

Fraport AG's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	948.2	/ (	(25.6	+	25.1)	/	2 )
=	948.2	/	25.35
=	37.40

Fraport AG (CHIX:FRAd) 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.

Fraport AG's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	25.35	/	948.2	*	365 / 4
	=	2.44

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.

Fraport AG's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	25.35	/	1354.3
	=	0.02

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.

Fraport AG Inventory Turnover Related Terms

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Fraport AG Business Description

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FPRUY:USA FPRUF:USA 0O1R:UK FRA:Germany FRA:Austria

Address

Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547

Website

https://www.fraport.com

Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment contributor to revenue, includes IT and telecommunication services, and facility and infrastructure management.

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