Deutsche Rohstoff AG (FRA:DR0) Inventory Turnover : 36.29 (As of Dec. 2023)

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What is Deutsche Rohstoff 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. Deutsche Rohstoff AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €30.0 Mil. Deutsche Rohstoff AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €0.8 Mil. Deutsche Rohstoff AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 36.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Deutsche Rohstoff AG's Days Inventory for the three months ended in Dec. 2023 was 2.51.

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. Deutsche Rohstoff AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Deutsche Rohstoff AG Inventory Turnover Historical Data

The historical data trend for Deutsche Rohstoff 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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Deutsche Rohstoff AG Inventory Turnover Chart

Deutsche Rohstoff AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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171.52

245.39

268.30

474.00

118.29

Deutsche Rohstoff 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															142.82	153.92	137.28	229.51	36.29

Deutsche Rohstoff AG Inventory Turnover Calculation

Deutsche Rohstoff 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 )
=	97.649	/ (	(0.13	+	1.521)	/	2 )
=	97.649	/	0.8255
=	118.29

Deutsche Rohstoff 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 )
=	29.957	/ (	(0.13	+	1.521)	/	2 )
=	29.957	/	0.8255
=	36.29

Deutsche Rohstoff AG (FRA:DR0) 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.

Deutsche Rohstoff 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
	=	0.8255	/	29.957	*	365 / 4
	=	2.51

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.

Deutsche Rohstoff 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 )
	=	0.8255	/	64.015
	=	0.01

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.

Deutsche Rohstoff AG Inventory Turnover Related Terms

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Deutsche Rohstoff AG (FRA:DR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deutsche Rohstoff AG (FRA:DR0) » Definitions » Inventory Turnover

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DR0:Germany

Address

Q7, 24, Mannheim, DEU, 68161

Website

https://www.rohstoff.de

Deutsche Rohstoff AG is involved in the production of oil and gas. It also participates in mining projects and develops its own metal deposits with a focus on precious and special metals. The activities of the company are located in the United States, Australia, Western Europe, Canada and Brazil. It operates in the segments of Gold, Oil, Gas, and Other; of which key revenue is derived from the Oil segment sales. The company's projects include Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

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