Joh Friedrich Behrens AG (HAM:JFB) Inventory Turnover: 0.97 (As of Jun. 2020)

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HAM:JFB Joh Friedrich Behrens AG HAM:JFB
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What is Joh Friedrich Behrens AG Inventory Turnover?

Joh Friedrich Behrens AG HAM:JFB 10 Inventory Turnover is 0.97 as of Jun. 2020. GuruFocus rates HAM:JFB 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. Joh Friedrich Behrens AG's Cost of Goods Sold for the six months ended in Jun. 2020 was €31.7 Mil. Joh Friedrich Behrens AG's Average Total Inventories for the quarter that ended in Jun. 2020 was €32.5 Mil. Joh Friedrich Behrens AG's Inventory Turnover for the quarter that ended in Jun. 2020 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Joh Friedrich Behrens AG's Days Inventory for the six months ended in Jun. 2020 was 187.53.

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. Joh Friedrich Behrens AG's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.60.

Joh Friedrich Behrens AG  (HAM:JFB) 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.

Joh Friedrich Behrens AG's Days Inventory for the six months ended in Jun. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=32.545/31.672*365 / 2
=187.53

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.

Joh Friedrich Behrens AG's Inventory to Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=32.545 / 54.378
=0.60

* 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.

Joh Friedrich Behrens AG Inventory Turnover Related Terms

Joh Friedrich Behrens AG Inventory Turnover Historical Data

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The historical data trend for Joh Friedrich Behrens 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.

Joh Friedrich Behrens AG Inventory Turnover Chart

Joh Friedrich Behrens AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.27 2.38 2.24 2.10

Joh Friedrich Behrens AG Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1.20 1.05 1.07 1.02 0.97
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Joh Friedrich Behrens AG HAM:JFB
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Joh Friedrich Behrens AG Inventory Turnover Calculation

Joh Friedrich Behrens AG's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=69.449 / ((33.71 + 32.513) / 2 )
=69.449 / 33.1115
=2.10

Joh Friedrich Behrens AG's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover (Q: Jun. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2020 ) / ((Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count )
=31.672 / ((32.513 + 32.577) / 2 )
=31.672 / 32.545
=0.97

* 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 0.97 mean?
Joh Friedrich Behrens AG (HAM:JFB) has a Inventory Turnover of 0.97 as of Jun. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Joh Friedrich Behrens AG and its competitors.
Is Joh Friedrich Behrens AG's Inventory Turnover too high?
Joh Friedrich Behrens AG's current Inventory Turnover is 0.97. Overall, Joh Friedrich Behrens AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Joh Friedrich Behrens AG's Inventory Turnover compare to SWK and TTC?
Joh Friedrich Behrens AG's Inventory Turnover of 0.97 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Joh Friedrich Behrens AG and its competitors. Joh Friedrich Behrens AG's current Inventory Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joh Friedrich Behrens AG stock overvalued right now?
Joh Friedrich Behrens AG (HAM:JFB) has a current Inventory Turnover of 0.97. The current Inventory Turnover is 0.97. Joh Friedrich Behrens 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 Joh Friedrich Behrens AG (HAM:JFB), the current Inventory Turnover is 0.97 as of Jun. 2020. 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.

Joh Friedrich Behrens AG Business Description

Address Bogenstrasse 43-45, Ahrensburg, DEU, 22926
Joh Friedrich Behrens AG produces and sells fastening and fixing systems for the wood processing industry. It is engaged in the distribution of compressors, strapping products, frame fasteners, driving tools, and adhesive products.
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