Duerr AG (Duerr AG) Inventory Turnover : 1.41 (As of Dec. 2023)

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What is Duerr 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. Duerr AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,179 Mil. Duerr AG's Average Total Inventories for the quarter that ended in Dec. 2023 was $835 Mil. Duerr AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Duerr AG's Days Inventory for the three months ended in Dec. 2023 was 64.59.

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. Duerr AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.

Duerr AG Inventory Turnover Historical Data

The historical data trend for Duerr 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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Duerr AG Inventory Turnover Chart

Duerr AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.35

6.14

4.96

4.85

5.12

Duerr AG 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															1.21	0.96	0.98	1.03	1.41

Duerr AG Inventory Turnover Calculation

Duerr 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 )
=	3950.085	/ (	(799.546	+	742.73)	/	2 )
=	3950.085	/	771.138
=	5.12

Duerr 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1179.489	/ (	(927.127	+	742.73)	/	2 )
=	1179.489	/	834.9285
=	1.41

Duerr AG (OTCPK:DURYY) 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.

Duerr AG'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
	=	834.9285	/	1179.489	*	365 / 4
	=	64.59

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.

Duerr 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 )
	=	834.9285	/	1448.383
	=	0.58

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.

Duerr AG Inventory Turnover Related Terms

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Duerr AG (Duerr AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Duerr AG (OTCPK:DURYY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

DUERF:USA 1DUE:Italy 0J9C:UK DUE:Germany DUE:Austria

Address

Carl-Benz-Straße 34, Bietigheim-Bissingen, BW, DEU, 74321

Website

https://www.durr-group.com

Duerr AG is engaged in mechanical and plant engineering. The company has five segments; Paint and Final Assembly Systems division plan to build, and update paint shops and final assembly lines for the automotive industry, Application Technology includes sales with technologies for the automated spray application of primers, base coats, and clear coats, Clean Technology Systems is into exhaust-air purification technology, Measuring and Process Systems offer balancing and diagnostic technology and automated refrigerant charging solutions, and Woodworking Machinery and Systems products include panel dividing and through-feed saws, CNC processing centers, drilling machines, sanders, edge banding machines, as well as handling and storage systems.

Duerr AG (Duerr AG) Headlines

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