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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Inventory Turnover : 16.61 (As of Dec. 2023)


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What is Schwalbchen Molkerei Jakob Berz 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. Schwalbchen Molkerei Jakob Berz AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €166.5 Mil. Schwalbchen Molkerei Jakob Berz AG's Average Total Inventories for the quarter that ended in Dec. 2023 was €10.0 Mil. Schwalbchen Molkerei Jakob Berz AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 16.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Schwalbchen Molkerei Jakob Berz AG's Days Inventory for the six months ended in Dec. 2023 was 10.99.

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. Schwalbchen Molkerei Jakob Berz AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Schwalbchen Molkerei Jakob Berz AG Inventory Turnover Historical Data

The historical data trend for Schwalbchen Molkerei Jakob Berz 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.

* Premium members only.

Schwalbchen Molkerei Jakob Berz AG Inventory Turnover Chart

Schwalbchen Molkerei Jakob Berz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.48 15.27 16.10 17.34 16.61

Schwalbchen Molkerei Jakob Berz AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 16.48 15.27 16.10 17.34 16.61

Schwalbchen Molkerei Jakob Berz AG Inventory Turnover Calculation

Schwalbchen Molkerei Jakob Berz 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 )
=166.46 / ((10.558 + 9.489) / 2 )
=166.46 / 10.0235
=16.61

Schwalbchen Molkerei Jakob Berz 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count )
=166.46 / ((10.558 + 9.489) / 2 )
=166.46 / 10.0235
=16.61

* 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.

Schwalbchen Molkerei Jakob Berz AG  (FRA:SMB) 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.

Schwalbchen Molkerei Jakob Berz AG's Days Inventory for the six 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
=10.0235/166.46*365 / 2
=10.99

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.

Schwalbchen Molkerei Jakob Berz 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 )
=10.0235 / 224.554
=0.04

* 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.

Schwalbchen Molkerei Jakob Berz AG Inventory Turnover Related Terms

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Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Bad Schwalbach, Bad Schwalbach, DEU, 65307
Website
http://www.schwaelbchen-molkerei.de
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWÄLBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.