DHL Group (DHL Group) Inventory Turnover : 12.96 (As of Dec. 2023)

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What is DHL 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. DHL Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $14,928 Mil. DHL Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $1,152 Mil. DHL Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DHL Group's Days Inventory for the three months ended in Dec. 2023 was 7.04.

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. DHL Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

DHL Group Inventory Turnover Historical Data

The historical data trend for DHL 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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DHL Group Inventory Turnover Chart

DHL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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123.95

139.96

127.17

101.49

69.46

DHL Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															17.37	19.74	17.75	16.39	12.96

DHL Group Inventory Turnover Calculation

DHL 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 )
=	73657.579	/ (	(968.22	+	1152.672)	/	2 )
=	73657.579	/	1060.446
=	69.46

DHL Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	14928.026	/ (	(1150.48	+	1152.672)	/	2 )
=	14928.026	/	1151.576
=	12.96

DHL Group (OTCPK:DHLGY) 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.

DHL Group's Days Inventory for the three 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
	=	1151.576	/	14928.026	*	365 / 4
	=	7.04

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.

DHL Group'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 )
	=	1151.576	/	23280.262
	=	0.05

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.

DHL Group Inventory Turnover Related Terms

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DHL Group (DHL Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DHL Group (OTCPK:DHLGY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DPSTF:USA DPW:Romania DHL:Mexico DHL:Italy DHLd:UK 0H3Q:UK DHL:Germany DHL:Austria

Address

Platz der Deutschen Post, Bonn, NW, DEU, 53250

Website

http://www.dpdhl.com

Based in Germany, DHL Group ranks among the largest parcel-shipping and third-party logistics providers globally. Its DHL divisions (international express shipping, air and ocean freight forwarding, contract logistics, and e-commerce solutions) generated 83% of revenue in 2022. Roughly 17% of revenue comes from the Post and Parcel Germany division, which includes the legacy postal business and the German small-package delivery business.

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