Ahlers AG (FRA:AAH) Inventory Turnover: 0.66 (As of May. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AAH Ahlers AG FRA:AAH
10 GF Score
Price €0.00
View Full Analysis

What is Ahlers AG Inventory Turnover?

Ahlers AG FRA:AAH 10 Inventory Turnover is 0.66 as of May. 2023. GuruFocus rates FRA:AAH with a GF Score™ of 10/100.

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. Ahlers AG's Cost of Goods Sold for the six months ended in May. 2023 was €47.4 Mil. Ahlers AG's Average Total Inventories for the quarter that ended in May. 2023 was €72.3 Mil. Ahlers AG's Inventory Turnover for the quarter that ended in May. 2023 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ahlers AG's Days Inventory for the six months ended in May. 2023 was 278.34.

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. Ahlers AG's Inventory-to-Revenue for the quarter that ended in May. 2023 was 0.82.

Ahlers AG  (FRA:AAH) 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.

Ahlers AG's Days Inventory for the six months ended in May. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2023 )/Cost of Goods Sold (Q: May. 2023 )*Days in Period
=72.272/47.387*365 / 2
=278.34

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.

Ahlers AG's Inventory to Revenue for the quarter that ended in May. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=72.272 / 88.518
=0.82

* 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.

Ahlers AG Inventory Turnover Related Terms

Ahlers AG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ahlers 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.

Ahlers AG Inventory Turnover Chart

Ahlers AG Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.46 1.16 1.30 1.48

Ahlers AG Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 0.48 0.80 0.84 0.80 0.66
FRA:AAH
10GF Score
Ahlers AG FRA:AAH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ahlers AG Inventory Turnover Calculation

Ahlers AG's Inventory Turnover for the fiscal year that ended in Nov. 2022 is calculated as

Inventory Turnover (A: Nov. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2022 ) / ((Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count )
=92.369 / ((51.259 + 73.35) / 2 )
=92.369 / 62.3045
=1.48

Ahlers AG's Inventory Turnover for the quarter that ended in May. 2023 is calculated as

Inventory Turnover (Q: May. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2023 ) / ((Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: May. 2023 )) / count )
=47.387 / ((73.35 + 71.194) / 2 )
=47.387 / 72.272
=0.66

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.66 mean?
Ahlers AG (FRA:AAH) has a Inventory Turnover of 0.66 as of May. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ahlers AG and its competitors.
Is Ahlers AG's Inventory Turnover too high?
Ahlers AG's current Inventory Turnover is 0.66. Overall, Ahlers AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Ahlers AG's Inventory Turnover compare to RL and LEVI?
Ahlers AG's Inventory Turnover of 0.66 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ahlers AG and its competitors. Ahlers AG's current Inventory Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ahlers AG stock overvalued right now?
Ahlers AG (FRA:AAH) has a current Inventory Turnover of 0.66. The current Inventory Turnover is 0.66. Ahlers AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ahlers AG (FRA:AAH), the current Inventory Turnover is 0.66 as of May. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ahlers AG Business Description

Address Elverdisser Strasse 313, Herford, NW, DEU, 32052
Ahlers AG is a manufacturer of men's apparel. Ahlers operates in two segments namely Premium brands and Jeans and Workwear. Its brand profile includes Otto Kern, Baldessarini, Pierre Cardin, Pioneer Jeans, and others. The firm has its geographical footprints in Germany, Western Europe, Central/ Eastern Europe, and others. It generates a majority of its revenue from the Premium Brands segment.
10GF Score

Get the complete analysis for FRA:AAH

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.00
Price