Klingelnberg AG (CHIX:KLINZ) Inventory Turnover : 0.35 (As of Sep. 2024)

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What is Klingelnberg 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. Klingelnberg AG's Cost of Goods Sold for the six months ended in Sep. 2024 was CHF41.6 Mil. Klingelnberg AG's Average Total Inventories for the quarter that ended in Sep. 2024 was CHF119.1 Mil. Klingelnberg AG's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Klingelnberg AG's Days Inventory for the six months ended in Sep. 2024 was 521.89.

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. Klingelnberg AG's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.00.

Klingelnberg AG Inventory Turnover Historical Data

The historical data trend for Klingelnberg 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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Klingelnberg AG Inventory Turnover Chart

Klingelnberg AG Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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0.90

0.70

0.63

1.13

1.09

Klingelnberg AG Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial										0.44	0.66	0.26	0.73	0.35

Klingelnberg AG Inventory Turnover Calculation

Klingelnberg AG's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	124.072	/ (	(116.518	+	110.51)	/	2 )
=	124.072	/	113.514
=	1.09

Klingelnberg 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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	41.635	/ (	(110.51	+	127.616)	/	2 )
=	41.635	/	119.063
=	0.35

Klingelnberg AG (CHIX:KLINz) 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.

Klingelnberg AG's Days Inventory for the six 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
	=	119.063	/	41.635	*	365 / 2
	=	521.89

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.

Klingelnberg 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 )
	=	119.063	/	119.348
	=	1.00

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.

Klingelnberg AG Inventory Turnover Related Terms

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Klingelnberg AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Klingelnberg AG (CHIX:KLINz) » Definitions » Inventory Turnover

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KLIN:Switzerland

Address

Binzmuhlestrasse 171, Zurich, CHE, 8050

Website

https://www.klingelnberg.com

Klingelnberg AG operates its business in the gear industry. The company is engaged in the development, manufacturing, and selling of gearing machines. Its business segments include Bevel Gear; Cylindrical Gear; Measuring Centers, and Drive Technology. The company generates the majority of its revenue from Measuring Centers. The company serves automotive, truck, aircraft, agriculture, construction, power tools, marine industries, and various industrial equipment markets. The company is geographically present across Italy, France, Spain, Russia, Japan, India, China, Brazil, the United States, and Mexico.

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