Singulus Technologies AG (FRA:SNG) Inventory Turnover : 1.40 (As of Jun. 2023)

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What is Singulus Technologies 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. Singulus Technologies AG's Cost of Goods Sold for the three months ended in Jun. 2023 was €19.00 Mil. Singulus Technologies AG's Average Total Inventories for the quarter that ended in Jun. 2023 was €13.55 Mil. Singulus Technologies AG's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Singulus Technologies AG's Days Inventory for the three months ended in Jun. 2023 was 65.08.

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. Singulus Technologies AG's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.53.

Singulus Technologies AG Inventory Turnover Historical Data

The historical data trend for Singulus Technologies 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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Singulus Technologies AG Inventory Turnover Chart

Singulus Technologies AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.43

2.93

4.62

4.55

4.22

Singulus Technologies AG Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.42	1.22	-	1.40	-

Singulus Technologies AG Inventory Turnover Calculation

Singulus Technologies 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 )
=	56.3	/ (	(14	+	12.7)	/	2 )
=	56.3	/	13.35
=	4.22

Singulus Technologies AG's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	19	/ (	(14	+	13.1)	/	2 )
=	19	/	13.55
=	1.40

Singulus Technologies AG (FRA:SNG) 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.

Singulus Technologies AG's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	13.55	/	19	*	365 / 4
	=	65.08

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.

Singulus Technologies AG's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	13.55	/	25.4
	=	0.53

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.

Singulus Technologies AG Inventory Turnover Related Terms

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Singulus Technologies AG (FRA:SNG) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Singulus Technologies AG (FRA:SNG) » Definitions » Inventory Turnover

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SNG:Germany SNG:Germany

Address

Hanauer Landstrasse 103, Kahl am Main, BY, DEU, D-63796

Website

https://www.singulus.de

Singulus Technologies AG is an operating high-tech engineering Company. It focuses its activities on the development, manufacturing, and selling of machines, plants, and systems in the area of vacuum coating technology, surface technology, wet-chemical as well as thermal processing technology. The products and services include machine sales as well as service and replacement part activities. Its product portfolio comprises vacuum thin-film and plasma coating, wet-chemical cleaning, and thermal processing technology. The Company operates through three segments: Life Science, Solar, and Semiconductor. The company generates the majority of its revenue from the solar segment. Geographically the company operates in Europe, North and South America, Asia, Africa, and Australia.

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