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Daetwyler Holding AG (Daetwyler Holding AG) Inventory Turnover : 2.41 (As of Dec. 2023)


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What is Daetwyler Holding 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. Daetwyler Holding AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $499 Mil. Daetwyler Holding AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $207 Mil. Daetwyler Holding AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daetwyler Holding AG's Days Inventory for the six months ended in Dec. 2023 was 75.72.

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. Daetwyler Holding AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.


Daetwyler Holding AG Inventory Turnover Historical Data

The historical data trend for Daetwyler Holding 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.

* Premium members only.

Daetwyler Holding AG Inventory Turnover Chart

Daetwyler Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 4.90 5.16 5.06 5.05

Daetwyler Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 2.27 2.31 2.39 2.41

Daetwyler Holding AG Inventory Turnover Calculation

Daetwyler Holding 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 )
=1053.77 / ((224.345 + 192.761) / 2 )
=1053.77 / 208.553
=5.05

Daetwyler Holding AG'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=499.191 / ((221.457 + 192.761) / 2 )
=499.191 / 207.109
=2.41

* 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.


Daetwyler Holding AG  (GREY:DATWY) 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.

Daetwyler Holding AG's Days Inventory for the six 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
=207.109/499.191*365 / 2
=75.72

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.

Daetwyler Holding AG'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 )
=207.109 / 634.598
=0.33

* 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.


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.


Daetwyler Holding AG Inventory Turnover Related Terms

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Daetwyler Holding AG (Daetwyler Holding AG) Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 31, Altdorf, CHE, 6460
Daetwyler Holding is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. In 2020, the company discontinued its electronic and technical components segment with the sale of its distribution companies, Distrelec and Nedis. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.

Daetwyler Holding AG (Daetwyler Holding AG) Headlines

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