DVS Technology AG (FRA:DIS) Inventory Turnover : 0.49 (As of Jun. 2021)

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What is DVS Technology 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. DVS Technology AG's Cost of Goods Sold for the six months ended in Jun. 2021 was €38.6 Mil. DVS Technology AG's Average Total Inventories for the quarter that ended in Jun. 2021 was €79.1 Mil. DVS Technology AG's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DVS Technology AG's Days Inventory for the six months ended in Jun. 2021 was 374.62.

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. DVS Technology AG's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.78.

DVS Technology AG Inventory Turnover Historical Data

The historical data trend for DVS Technology 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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DVS Technology AG Inventory Turnover Chart

DVS Technology AG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory Turnover

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1.79

1.94

1.89

1.56

1.02

DVS Technology AG Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Inventory Turnover	Get a 7-Day Free Trial															0.68	0.76	0.44	0.54	0.49

DVS Technology AG Inventory Turnover Calculation

DVS Technology AG's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	78.992	/ (	(77.186	+	77.28)	/	2 )
=	78.992	/	77.233
=	1.02

DVS Technology AG's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

	Inventory Turnover (Q: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2021 )	/ (	(Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )
=	38.55	/ (	(77.28	+	80.986)	/	2 )
=	38.55	/	79.133
=	0.49

DVS Technology AG (FRA:DIS) 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.

DVS Technology AG's Days Inventory for the six months ended in Jun. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2021 )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
	=	79.133	/	38.55	*	365 / 2
	=	374.62

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.

DVS Technology AG's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2021 )	/	Revenue (Q: Jun. 2021 )
	=	79.133	/	101.166
	=	0.78

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.

DVS Technology AG Inventory Turnover Related Terms

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DVS Technology AG (FRA:DIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DVS Technology AG (FRA:DIS) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Johannes-Gutenberg-Strasse 1, Dietzenbach, DEU, D-63128

Website

http://www.diskus-werke.ag

DVS Technology AG is a holding company in the field of machine tool construction and abrasive agents. The technique offered by its products include honing, drilling, fly cutting and milling among others.